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Market summary.pptx 18-04-12


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Market summary.pptx 18-04-12

  1. 1. India-Global Market Summary 18-04-12Are you confused with savings and investment? Attend ourwebinar session conducted on every Sunday from 11:00 a.m to1:00 p.m and clarify all your doubts in finance planning. and enroll yourself to take up training.• Market opened on strong note and slipped from day’s high due to disappointing CPI data. In addition, the lackluster trade in the European market has also faded the market sentiment in the noon session.• Sensex closed at 17,392.39 points with a slight gain of 34.45 points and Nifty ended at 5,300 with a rally of 10.30 points• India’ Consumer Price Inflation soared to 9.47% in March as compared to 8.83% recorded in the previous month• Consumer Price based Food Inflation accelerated to 8.22% in March from 6.62% in February. Read more on
  2. 2. • The main index has touched a day high of 17,523 and a day low of 17,372• Buying of cement and IT stocks supported the main index to end on positive region.• HCL Tech gained 3.06% to Rs.495.55 per share after the company reported a 29% increase in net profit to Rs.603 crore in March quarter 2012 versus Rs.468.2 crore despite the poor demand in the western nations. Read more on surges-29-march-quarter• The shares of HDFC bank were up surged 1.14% to Rs.536.90 per share after the bank announced its net profit was increased by 30% in Rs.1,453 crore . Read more on expectation
  3. 3. • Auto index ended 1.5% higher on hopes that the bank would follow RBI rate shortly, which will fuel sales revenue in the sector. Tata motors and Bajaj auto each gained 2.7% on BSE.• Oil & Gas index ended with 0.77% gain on hopes that the Oil Marketing companies would soon increase prices of Petroleum products. During the policy review meeting, RBI urged Government to hike petroleum products in order to offset fiscal subsidy burden• Healthcare stocks were rallied in ahead of corporate earnings report. Sun pharma soared 2.11%• Realty index witnessed mild selling pressure due to a decline of index heavy weight DLF, which shed 2.05%. L&T plunged 0.6%
  4. 4. • Cements stocks were rallied in ahead of corporate earnings report announcement, which is to be declared tomorrow.• Mid cap indices and small cap indices were up marginally by 0.46% and 0.5% each respectively.• The overall market breadth was positive, with shares advanced was counted at 1,799 and shares declined was numbered at 1,442.• Indian rupee shed 31 paise to Rs.51.78 per dollar on market close as the weak domestic economic data pulled down the rupee value in overseas
  5. 5. Global news• Asian markets were ended with a sharp gain as an ease in European debt crisis fears agitated risk appetite In addition, the overnight rally in US market spooked up the market sentiment.• Nikkei gained 2% while Hang seng rallied 1%• European stocks were trading lower due to the slump in Spanish stocks• Dollar index shines against the six major currencies after the risk exposure for financial stocks reduced during the European trading hours.• Crude futures were hovering around $104 in ahead of crude supply report, which is to be released American Petroleum Institute.
  6. 6. Gold futures slipped $10 to $1,641 an ounce during the previous trade in New York Mercantile Exchange. ----------------------------------------------Free Internship Programme for the students with a backgroundof Finance and commerce, For more details, contact 044-32983431/ Visit us, To Keep you updated with daily marketnews, visit www.indiafinancebazaar.comFor students, we provide tailor made financial training upon thecollege request. Contact forfurther details or call us at 044-32973431