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MARKET WRAP
                                                                                15.06.2012



Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. 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
The markets opened on a positive note, slowly moved up and in the early
                        part of the afternoon session saw some smart buying supported by positively
                        trading US futures and European markets.

                        Many expect RBI to cut the repo rate by 25 bps and a 25 bps cut in CRR is
                        also not ruled out. Nifty is having resistance at 5165 and 5195 and if the RBI
                        cuts rates and the Greek elections are in favour of bulls then we may see
                        considerable gains in the market.

                        On the sectoral front, there was buying in rate sensitives on expectation that
                        RBI may go for a rate cut on Monday. Auto, banking, realty and capital goods
                        gained along with FMCG, metal and power leaving no one on the losers’ side.



                                                                                                                                                                                                          Market Wrap

Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. 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

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Market wrap

  • 1. MARKET WRAP 15.06.2012 Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. 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 on a positive note, slowly moved up and in the early part of the afternoon session saw some smart buying supported by positively trading US futures and European markets. Many expect RBI to cut the repo rate by 25 bps and a 25 bps cut in CRR is also not ruled out. Nifty is having resistance at 5165 and 5195 and if the RBI cuts rates and the Greek elections are in favour of bulls then we may see considerable gains in the market. On the sectoral front, there was buying in rate sensitives on expectation that RBI may go for a rate cut on Monday. Auto, banking, realty and capital goods gained along with FMCG, metal and power leaving no one on the losers’ side. Market Wrap Geojit BNP Paribas Financial Services Ltd., Registered Office: 5th Floor, Finance Tower, Kaloor, Kochi -682017, Kerala. 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