Showing posts with label Share Broking. Show all posts
Showing posts with label Share Broking. Show all posts

Equity Research Weekly Market Outlook Report By Mansukh 17-April-2011

Weekly Markets, Net  FII / DII Equity Activity (Rs Cr)
SNAPSHOT
For the week ended 15 April 2011, the BSE-Sensex declined by 64.63 points or 0.33% to 19,386.82. The BSE Mid-cap index increased 35.67 points or 0.50% to 7209.17 and the Small-cap index advanced 35.61 points or 0.41% to 8,808.16.On the sectoral front, FMCG zoomed 76.31 points or 2.10% to 3,713.73, Capital Goods (CG) soared 237.52 points or 1.73% to 13,979.29, Bankex surged 83.79 points or 2.80% to 13,382.96, Auto jumped 41.95 points or 0.45% to 9,439.08 and Healthcare (HC) up by 18.53 points or 0.31% to 6,142.02, were the top gainers on the BSE. On the flip side, IT was down by 299.41 points or 4.57% to 6,258.54, TECk was down by 119.75 points, or 3.09% to 3,751.26, Realty was down by 54 points or 2.19% to 2,410.15, Metal was down by 125.88 points or 0.76% to 16,381.24 and Consumer Durables (CD) down by 45.86 points or 0.71% to 6,381.24 were the top loser on the index. The S&P CNX Nifty lost 17.45 points or 0.30% to 5,825. On the National Stock Exchange (NSE), CNX IT tumbled 4.56% to 6,842.15 while CNX mid-cap gained 0.36% to 8,317.85, Bank Nifty gained 0.53% to 11,735.65 and CNX Nifty Junior advanced 0.54% to 11606.20.
Volume & Volatility Index(Nifty- April 2011)
WEEK GONE BY
After minutely escaping from dipping into the red terrain in the previous week, the frontline indices slipped into the negative territory this time around, though marginally, as the triple 'I's viz. IIP numbers which merely grew at a pace of 3.6%, Inflation stood at 8.98% in March against 8.31% in Feb 2011 and Interest Rates, continued to haunt the domestic benchmarks for quite some time now, quadrupled with Infosys being the latest addition to the list. The psychological 5,800 and 19,400 levels proved to be a strong supports for the BSE' Sensex and the NSE Nifty as they consolidated around these levels for yet another week and looked in no mood to give away the substantial gains accumulated two weeks ago. The over 3% laceration in international crude oil prices which were trading around two and half year high levels, on the back of apprehensions of sluggish demand and slow economic recovery, too eased investor concerns. However the bourses, after another one-day break, took a nasty blow of around one and half a percent on the back of dreadful local leads. The flavor of a hectic earning season turned bitter right from the very start and the frontline indices took a blow after IT bellwether Infosys reported below expectation quarterly earnings and gave even lower than expected EPS guidance for FY12.

WEEK AHEAD
After having an imperative numbers of economic data last week the next big aspect that will be driving the Indian equity markets will be other corporate quarterly reports as earnings season shifts into high gear in the coming week. Companies like HDFC Bank, IFCI, IndusInd Bank, Magma Fincorp and Persistent Systems will be reporting their numbers in the week. Since there will be no major economic data up for release in the coming week the investor's will continue to watch the crude oil prices and Foreign fund inflows for cues since these two factors have been dictating the market's movements from quite some time now. Meanwhile, the Government of India in the coming week will take up 46 foreign investment (FDI) proposals. From the global markets investors will be eying lots of major economic data from the US, starting with Housing Starts data on April 19, followed by Existing Home Sales, Jobless Claims and finally the Philadelphia Fed Survey data on Thursday, April 21, 2011. For the coming week 5720 followed by 5605 are likely to be good support levels for the Nifty, while the index may face some resistance at 5950 and 6070 levels.HAPPY TRADING….

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Equity Research Weekly Market Outlook Report By Mansukh 26-March-2011

Weekly Market Outlook
SNAPSHOT
Despite starting the week with a lackadaisical performance and ending below the crucial support levels of 5,400 and 18,000, the benchmarks convalesced on Tuesday and carried forward the strong rally for rest of the of the week as they vivaciously conquered a lot of psychological levels on their way up. The consolidation in crude prices around $105 levels despite escalating turbulences in the Middle East nations was also seen as an opportunity by the local investors who resorted to broad based buying as tabling of the banking sector amendment bill and the Constitution Amendment Bill in parliament buttressed the chances of a rebound for the domestic indices. Moreover, bourses rallied over two percentage points on the last trading day of the week to finish the action-packed week on an exciting note. The spurt on the last trading day in benchmarks was not only due to sanguine leads from the global market but also on encouraging local cues like the overall growth  in the farm sector being pegged at 5.4% along with finance minister's avowal of 9% growth in the next fiscal in the upper house of Parliament stoking investor sentiments.  

Boisterous Indian stock markets witnessed an awe-inspiring week of trade as it seemed like the bullishness of the recent past has come to the fore. The frontline indices accumulated over a gargantuan five percentage points for the week taking the benchmarks to around two month high levels as optimistic global cues coupled with encouraging local developments fortified investors' mood. The Bombay Stock Exchange (BSE) Sensex surged 936.83 points or 5.24% to 18,815.64 during the week ended March 25, 2011.The BSE Mid-cap index gained 3.25% to 6,721.56 and the Small-cap index advanced 2.61% to 8,001.63. All the sectoral indices on the BSE were in the positive terrain; Realty was up 184.64 points or 8.99% to 2,237.87, Bankex up by 741.78 points or 6.09% to 12926.07, IT up 344.65 points or 5.74% to 6,344.62, TECk up by 198.55 points or 5.62% to 3729.29 and Capital Goods (CG) up by 646.72 points or 5.23% to 12,373.27 were the major gainer. The S&P CNX Nifty zoomed 280.55 points or 5.22% to 5,654.25. On the National Stock Exchange (NSE), Bank Nifty surged 6.27% to 11,387.30, CNX IT soared 5.77% to 6,930.65, CNX Nifty Junior advanced 3.08% to 10,943.10 and CNX mid- cap gained 3.05% to 7,824.15.

WEEK AHEAD
Amidst rising crude oil prices would continue to be threat for the equity markets in the coming week which is characterized by the volatility of  the expiry of F&O series for the month of March, Investor's in the coming week will be eagerly eyeing the core sector growth data, as measured
by the index of six key infrastructure industries, having a combined weight of 26.7% in the Index of Industrial Production (IIP) and also the HSBC India Manufacturing PMI data for the month of March. Further, investor's will keep a close watch on telecom stocks as recommendations on the proposed new policies for telecom infrastructure and manufacturing will be coming in the next week. On the global front, investor's will be eyeing lots of major economic data from the US, starting with Existing Home Sales data on March 21,2011, New Home Sales data, Durable Goods Orders and Jobless Claims data and finally the Corporate Profits data.  Therefore any closing above 5670-5690 for at least two consecutive days may reap indices towards 5800-5850 where we might see some sort of consolidation. On the flip side 5355 still a major support for the March series. HAPPY TRADING…..

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