Daily Equity Market Wrap

[SureshBajaj]

MARKET WRAP : 17/02/2011

Indian market ends flat on positive bias, Nifty holds 5450 & Sensex 18K level.
U.S industrial production came down at (-) 0.1% & PPI m/m at 0.8% vs. 0.9%.
DJIA was up 29 pts while European markets were 0.10.9% with CAC leading.

Indian equity market ended flat on profit booking with Nifty ending just 0.7 pts up at
5481.7 while Sensex added 27 pts to settle at 18301. European markets were in green
with FTSE up 30 pts at 6067, CAC up 33 pts at 4143 & DAX marginally up 7 pts at
7407. DJIA was up 28 pts and S&P was up 6 pts on positive housing starts up at 0.60M.

 

[SureshBajaj]

MARKET WRAP : 18/02/2011

Indian market ends up 1.2%; Nifty above 5500; up 65 pts & Sensex up 206 pts.
Food price index at 11.05% vs. 13.07% & fuel price index at 11.92% vs. 16.6%.
European markets were mixed with FTSE in green. Dow future was up 2 pts.

Indian equity market ended in green for 5th consecutive day with Nifty above 5500. Nifty added 64 pts to end at 5546, up 1.2% while Sensex gained 206 pts to settle at 18506.
European markets were mixed with FTSE up 2 pts while CAC & DAX were down 3 pts as EUR current account came at -13.3B vs. -10.5B. Dow future was flat on positive bias.

 

[SureshBajaj]

MARKET WRAP : 21/02/2011

Indian market ends down 1.60%; Nifty down 88 pts & Sensex down 296 pts.
German PPI m/m came up at 1.2% & GBP retail sales m/m came up at 1.9%.
Euro markets were in red with FTSE down 32 pts, Dow future was down 20 pts.

Indian equity market ended the five day consecutive uptrend on negative global cues & profit booking. Nifty ended below 5500 at 5458, down 88 pts & Sensex ended down 296 pts at 18211. European markets were in red with CAC down 9 pts & DAX down 8 pts on concerns over Chinas monetary action & rising oil prices. Dow future was down 20 pts.

 

[SureshBajaj]

MARKET WRAP : 22/02/2011

Indian equity market ended up 1.10%; Nifty up 60 pts and Sensex up 227 pts.
French Flash mfg. PMI came at 55.3 & GER IFO business climate at 111.20.
Euro markets were in red with DAX down 56 pts, Dow future was down 5 pts.

Indian equity market made a smart recovery and ended above the level of 5500; Nifty ended up 60 pts at 5519 while Sensex gained 227 pts to settle at 18439. Euro markets were down 0.2%- 0.8% with FTSE down 18 pts at 6064, DAX down 56 pts at 7370 and CAC down 32 pts at 4126 despite positive economic data. Dow future was down 5 pts.

 

[SureshBajaj]

MARKET WRAP : 23/02/2011:clap:

Indian equity market down 0.90%; Nifty down 50 pts & Sensex down 142 pts.
Ranbaxy Q3 net loss at Rs.98 cr. vs. Rs. 262 cr, net sales down at Rs. 2107 cr.
Euro markets were in red with FTSE down 68 pts, Dow future was down 10 pts.

Indian equity market ended down due to negative global cues and profit booking. Nifty sliced down 50 pts to settle at 5469 while Sensex lost 142 pts to end at 18296. European markets were in red with FTSE down 68 pts at 5947, CAC down 62 pts at 4034, and DAX down 30 pts at 7292 due rise in oil prices. Dow future was down 10 pts.

 

[SureshBajaj]

MARKET WRAP : 24/02/2011

Indian equity market down 0.60%; Nifty down 32 pts & Sensex down 118 pts.
French CPI m/m came down at (-) 0.2% & EUR industrial orders up at 2.10%.
Euro markets were in red with FTSE down 39 pts, Dow future was up 20 pts.

Indian equity market ended down for second consecutive session due to rise in crude oil prices & fall in European markets; Nifty ended down 32 pts at 5438 & Sensex ended down 118 pts at 18179. European markets were down with GBP FTSE down 39 pts & Germans DAX down 35 pts & French CAC down 5 pts. Dow future was up 20 pts.

 

[SureshBajaj]

MARKET WRAP : 25/02/2011

Indian equity market down 3.20%; Nifty down 174 pts & Sensex down 545 pts.
EUR German final GDP q/q came at 0.4% & CHF employment level at 4.09 m.
Euro markets were in red with DAX down 79 pts, Dow future was down 100 pts.

Indian equity market was down for third consecutive session due to rise in crude oil prices & F&O expiry; Nifty sliced 174 pts to end at 5263 while Sensex sliced 545 pts to settle below 18k at 17633. Euro markets were down with GBP FTSE down 21 pts, German DAX down 83 pts and French CAC down 12 pts. Dow future was down 100 pts.

 

[SureshBajaj]

MARKET WRAP : 28/02/2011:thumb:


Indian equity market snaps downtrend, Nifty up 41 pts and Sensex up 69 pts.
Indian railway budget assures Rs. 57,360 cr. investment; eyes common people.
European markets were in green with CAC leading, Dow future was up 30 pts.

Indian equity market ended up 0.80% due to fall in crude oil prices & short covering; Nifty ended up 41 pts at 5303 while Sensex was up 69 pts to settle at 17700. European markets were in green with FTSE up 15 pts, DAX up 34 pts and CAC up 55 pts as oil prices eases on increased oil production by Saudi Arab. And, Dow future was up 30 pts.

 

[SureshBajaj]

MARKET WRAP : 01/03/2011

Indian equity market ends up 0.60%; Nifty up 30 pts and Sensex up 122 pts.
Indias union budget unveiled, Fiscal deficit for FY10-11 seen at 5.1% vs. 5.5%.
European markets were mixed with FTSE in red, Dow future was up 20 pts.

Indian equity market ended up 0.60%; Nifty up 30 pts at 5333 while Sensex up 123 pts to settle at 17824. Markets trimmed gains on disappointing union budget with
Nifty shredding 150 pts & Sensex nearly 500 pts. European markets were mixed with CAC up 8 pts & DAX up 19 pts while FTSE was down 26 pts. Dow future was up 20 pts.

 

[SureshBajaj]

MARKET WRAP : 03/03/2011:thumb:

Indian equity markets up 3.60%; Nifty up 190 pts and Sensex up 623 pts.
Nifty ended above 5500 level at 5522 & Sensex above 18K at level at 18447.
European markets were up with DAX leading, Dow future was up 20 pts.

Indian equity market ended above the key psychological level with Nifty above 5500 & Sensex above 18K; nifty up 190 pts at 5522 & Sensex up 623 pts 18446. European markets were in green with DAX up 33 pts while FTSE was up 3 pts and CAC up 9 pts on positive German unemployment claims down at (-)52K. Dow future was up 20 pts.