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Market wrap
1. MARKET WRAP
11.01.2013
Geojit BNP Paribas Financial Services Ltd., Registered Office: 34/659-P, Civil Line Road, Padivattom, Kochi -682024, Kerala, India, Tel: +91 484 2901000. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn.
Nos.: NSE: INB/INF/INE 231337230 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012
2. The markets opened with a positive note on back of better than expected
earnings from INFY, and thereafter moved in a sideway manner till noon and
in the afternoon session we saw heavy selling pressure. Sensex closed at
19663, near the previous day closing.
The sectoral gainer for the day was the IT sector and the loser was FMCG
sector. Heavy profit booking was seen in the banking sector. The FMCG
stocks HUL and ITC extended their intraday loss.
The European shares were trading higher on the news that the Japanese
government had unveiled a stimulus package of $ 116 billion to drag the
country out of the recession. But the stock index was trading flat. For the
Indian markets, the investors may be are waiting for the inflation data on
January 14, 2013.
Market Wrap
Geojit BNP Paribas Financial Services Ltd., Registered Office: 34/659-P, Civil Line Road, Padivattom, Kochi -682024, Kerala, India, Tel: +91 484 2901000. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn.
Nos.: NSE: INB/INF/INE 231337230 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012