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Market summary.pptx 13-01-12

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Market summary.pptx 13-01-12

  1. 1. To simplify the knowledge of Savings, Investments andTrading. Attend our webinar session conducted on everySunday from 11:00 a.m to 1:00 p.m. Visit www.ifmaonline.com Market closed on the positive note on the back of strong global cues Sensex closed at 16,154.62 points with a gain of 117.11 points on BSE while Nifty gained 34.75 points to 4,866 points on NSE. The gains were supported by Tata steel, Coal India, L&T, NTPC and Jindal Steel, rallied in the range of 3-7% GAIL, Sun Pharma, Hero Motocorp, Maruti Suzuki and Bajaj auto stocks were down by 1-3% in the Mumbai market.
  2. 2.  In sector wise, Metal, capital Goods, Power and Realty were outperformed, while, IT, Oil & Gas and consumer durables stocks were under pressure. Selling off in Infosys and RIL had dragged down the respective index today. Oil& gas stocks were declined as Morgan stanley downgraded the company gradings from equalweight to underweight
  3. 3.  Asian markets were closed the trade almost on positive terrain after the European debt auctions received overwhelming response Successful completion of debt auctions had increased the demand for 10year Government bonds and lowered yield European markets were trading on green note, eyeing Italy debt auction Dollar index up surged during the early trade on the interbank foreign exchange trade
  4. 4.  Crude futures were trading below $100 for the first time in the current year as Europe delays the decision over an embargo of oil imports from Iran  Gold futures were slumped $7 to $1,640 an ounce during the early trade as the strong dollar dampened the trading sentiment of precious metal. -----------------------------------------------For any kind of financial training, contact 044-32983431/gunapriya@indiafinancebazaar.com. Visit us atwww.ifmaonline.com, To Keep you updated with dailymarket news, visit www.indiafinancebazaar.comFor students, we provide tailor made financial trainingupon the college request. Contactgunapriya@indiafinancebazaar.com for further details orcall us at 044-32973431

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