Daily Equity Market Wrap

[SureshBajaj]

MARKET WRAP : 04/03/2011

Indian markets ended marginally 0.30% up; Nifty up 14 pts & Sensex up 44 pts.
Food inflation came at 10.39 vs11.49% & fuel inflation at 12.56 vs 12.14% w/w.
European markets were in green with DAX leading, Dow future was up 35 pts.

Indian equity market was up for second consecutive day as Nifty sustained the 5500 level ending at 5536; up 14 pts while Sensex added 44 pts to settle at 18490. European markets were in green with DAX leading the region, up 95 pts, CAC up 52 pts & FTSE up 71 pts on positive German retail sales up at 1.4 vs. 0.3%. Dow future was up 30 pts.

 

[SureshBajaj]

MARKET WRAP : 07/03/2011:thumb:

Indian equity market ended mixed; Nifty up 3 pts and Sensex down 10 pts.
US jobless claim came down at 368k vs. 394k as against expected 388K.
European markets were in green with DAX leading, Dow future was up 5 pts.

Indian market ended flat after extremely volatile session as Nifty gained 3 pts to end at 5539 while Sensex was down 10 pts to settle at 18480. Euro markets were up 0.6% - 0.9% with GBP FTSE up 36 pts at 6041, German DAX up 64 pts at 7290 and French CAC up 28 pts at 4089. Dow future was up 5 pts ahead of Non-farm employment data.

 

[SureshBajaj]

MARKET WRAP : 08/03/2011:thumb:

Indian equity market ended down 1.40%; Nifty slips below 5500; down 75 pts.
EUR Sentix investor confidence is at 17.1 vs. 16.8 as against expected at 16.7.
European markets were mixed with FTSE up 32 pts, Dow Jones was up 70 pts.

Indian market ended down 1.40% due to political instability and rising crude oil prices; Nifty ended down 76 pts at 5463 while Sensex was down 264 pts at 18223.
European markets were mixed with GBP FTSE up 32 pts at 6021 and German DAX up 15 pts at 7194 while French CAC was down 2 pts at 4019. Dow future was up 70 pts.

 

[SureshBajaj]

MARKET WRAP : 09/03/2011:thumb:

Indian market ends up 1.1%; Nifty above 5500, up 58 pts & Sensex up 217 pts.
German factory orders came up at 2.9% vs. 2.6% as against expected (-) 3.6%.
European markets were up with DAX leading, Dow future was down 10 pts.

Indian equity market ended above the key psychological level of 5500 as Nifty was up 58 pts to end at 5521 while Sensex was up 217 pts to settle at 18439. European markets were up due to positive German factory orders and profit booking in crude oil prices with DAX up 15 pts, CAC 15 pts and FTSE 2 pts. Dow future was down 10 pts.

 

[SureshBajaj]

MARKET WRAP : 10/03/2011:thumb:


Indian market up marginally; Nifty holds 5500, up 10 pts & Sensex up 30 pts.

EUR German industrial production m/m came as expected at 1.8 vs. (-) 0.6%.

European markets were mixed with DAX & CAC up, Dow future was up 42 pts.


Indian equity market ended marginally up with Nifty holding the key level of 5500.Nifty added trivial 10 pts to end at 5531 while Sensex gained 30.3 pts to settle at 18469.Euphoria were mixed with DAX up 36 pts at 7201, CAC 14 pts at 4030 on healthierGerman industrial production, while FTSE was down 10 pts. Dow future was up 42 pts.

 

[SureshBajaj]

MARKET WRAP : 14/03/2011:thumb:


Indian market ends down 0.90%; Nifty down 49 pts & Sensex down 154 pts.
January IIP y/y growth came at 3.7 vs. 1.6%; consumer goods at 11.3 vs.0.4%.
European markets were down with DAX worst, Dow future was down 83 pts.

Indian equity market ended down 0.90% due to earthquake in Japan & Saudi tension with Nifty down 49 pts at 5446 while Sensex was down 154 pts to settle at 18174. European markets were down with FTSE down 35 pts at 5811 & DAX down 74 pts at 6989 & CAC down 41 pts at 3924, Dow future was down 83 pts on global uncertainties.

 

[SureshBajaj]

MARKET WRAP : 16/03/2011


Indian market ended down on negative global cues, Nifty slips below 5500.
Zew economic sentiment came at 14.1 vs. 16.2 as against expected at 15.7.
Euro markets slaughtered; DAX down 278 pts, CAC 132 pts & FTSE 125 pts.


Indian equity market ended down on the back of negative global cues. Nifty sliced 81 pts to end at 5450 while Sensex lost 225 pts to settle at 18167. European markets were slaughtered almost 2 - 5% with DAX worst & Dow future was down 50 pts. In Asia, Nikkei was down 11% & Hangseng was down 3% on fears of rising radiation in Japan.

 

[SureshBajaj]

MARKET WRAP : March 17,2011:lol:

Indian equity market up 1.2%, Nifty above 5500, up 62 pts & Sensex up 192 pts
EUR core CPI came down at 1% vs. 1.1%, CPI y/y came as expected at 2.4%.
European markets were down with FTSE worst, Dow future was up 30 pts.

Indian equity market ended up 1.20% ahead of crucial RBI credit policy meet on
17th March. Nifty added 62 pts to end above 5500 at 5512 while Sensex gained 191 pts to end at 18359. Euro markets were down due to negative economic data with FTSE worst 40 pts at 5655, CAC 30 pts & DAX down 9 pts at 6640. Dow future was up 30 pts.

 

[SureshBajaj]

MARKET WRAP : March 18.,2011


Indian equity market down 1.20%, Nifty down 65 pts & Sensex down 208 pts.
RBI raised repo & reverse repo rate by 25 bps to 6.75% & 5.75% respectively.
European markets were in green with DAX leading, Dow future was up 80 pts.

:thumb:
Indian equity market ended down post RBI policy & rising crude oil with Nifty losing 65 pts to end below 5450 at 5446 while Sensex ended down 208 pts to end near 18K at 18150. In Euro zone, DAX was up 100 pts, CAC - 51 pts & FTSE- 59 pts. Dow future was up 80 pts as jobless claims came down by 16k at 385k & Core CPI at 0.2 vs. 0.1%.

 

[SureshBajaj]

MARKET WRAP : March 25,2011:thumb:

Indian equity market ended up 0.80%, Nifty above 5500 & Sensex above 18K.
Food price inflation came at up 10.05% & Fuel inflation unchanged at 12.79%.
European markets were up 2 3% with DAX leading while DJIA was up 72 pts.


Indian equity market was up for third straight session as Nifty gained 42 pts to end above 5500 at 5522 while Sensex was up 145 pts to end at 18351. European markets were up on positive economic data like German & French flash services coming in green while Dow Jones was up 72 points as unemployment claims came down at 382K.