Daily Equity Market Wrap

[SureshBajaj]

MARKET WRAP : 28/03/2011

Indian market gains 2.40%, Nifty above 5600, up 131 pts & Sensex up 465 pts.
EUR M3 Money supply y/y came at 2.0 vs. 1.7% as against expected at 1.5%.
Euro markets were up trivially with DAX leading, Dow future was down 10 pts.

Indian equity market was up for fourth straight session due to short covering, FIIs buying and technical break out above 5610 taking Nifty above 5600 at 5655 while Sensex surged 465 pts to close at 18816. European markets were up marginally despite German IFO business climate coming up at 111.1. Dow future was down 10 pts.

 

[SureshBajaj]

MARKET WRAP : March 29,2011:thumb:

Indian market up 0.60%, Nifty holds 5650, up 33 pts & Sensex up 128 pts.
Nifty tested its crucial 200 DMA of 5700 while Sensex tested the 19k level.
European markets were mixed with FTSE leading, Dow future was up 25 pts.

Indian equity market was up for fifth straight session & Nifty was at two month high gaining 33 pts to end at 5687 while Sensex was up 128 pts to settle near 19K at 18943. European markets were mixed with FTSE up 10 pts at 5910, CAC up 8 pts at 3980 and DAX was down 2 pts at 6944 due to German elections. Dow future was up 25 pts.

 

[SureshBajaj]

MARKET WRAP : MARCH 31,2011

Indian equity market up 0.90%, Nifty up 51 pts & Sensex up 169 pts.
JPY prelim industrial production m/m came at 0.4 vs (-)0.1% against 1.3%
European markets were in green with DAX leading, Dow future was up 30 pts.

Indian equity market ended up for seventh straight session due to positive global cues and positive buying ahead of F&O expiry; Nifty gained 51 pts to end at 5787 & Sensex was up 169 pts to settle at 19290. Euro markets were in green with FTSE up 25 pts at 5958, CAC up 34 pts at 4022 & DAX up 102 pts at 7037 pts. Dow future was up 30 pts.

 

[SureshBajaj]

MARKET WRAP : 04 March,2011:clap:

Indian market ended flat; Nifty holds 5800; down 7 pts & Sensex down 25 pts.
U.S ADP Non-Farm employment change came up by 25k at 216k vs. 191k.
European markets were in green with DAX leading, Dow future was up 50 pts.

Indian equity market ended the eight day uptrend as Nifty lost trivial 8 pts to end at 5826 while Sensex was down by 25 pts to settle at 19420. European markets were positive with FTSE up 56 pts at 5964, CAC up 31 pts at 4020 & DAX up 83 pts at 7124. Dow future was up 50 pts as U.S unemployment rate came down at 8.8% vs. 8.9%.

 

[SureshBajaj]

MARKET WRAP : 05 APRIL, 2011

Indian equity market ended up 1.50%, Nifty up 82 pts & Sensex up 281 pts.
EUR Sentix investor confidence came at 14.2 vs 16.1 as against expected 17.1
European markets were mixed with FTSE leading, Dow future was up 46 pts.

Indian equity market ended up 1.50% due to strong inflow of funds from foreign
institutional investors as Nifty gained 82 pts to end above 5900 at 5908 & Sensex was up 281 pts to settle at 19701. European markets were in green with FTSE up 12 pts at 6022, CAC down 6 pts at 4049 & DAX up 4 pts at 7184 pts. Dow future was up 46 pts.

 

[SureshBajaj]

MARKET WRAP : 06 April,2011

Indian equity markets were flat today, Nifty up 1.6 pts & Sensex down 15 pts.
EUR retail sales m/m came down at (-)0.1 vs. 0.1% against expected at 0.2%.
European markets were in red with CAC worst, Dow future was down 5 pts.

Indian equity market ended flat due to profit booking as Nifty gained 1.6 pts to end above 5900 at 5910 while Sensex was down by 15 pts to settle at 19686. European markets were negative with FTSE down 18 pts at 5998 & CAC down 21 pts at 4022 & DAX down 22 pts at 7154 pts on weaker economic data. Dow future was down 4 pts.

 

[SureshBajaj]

MARKET WRAP : 07 April,2011

Indian markets ends down marginally; Nifty down 18 pts & Sensex down 74 pts.
German factory orders m/m came better than expected, up at 2.4% vs. 0.6%.
European markets were in green with DAX leading, Dow future was up 47 pts.

Indian equity market ended with marginal loss with Nifty losing 18 pts to end at 5892 while Sensex was down by 75 pts to settle at 19612. European markets were positive with FTSE up 39 pts at 6047, CAC up 10 pts at 4051 & DAX up 54 pts at 7229 pts on better than expected economic data & rate hike expectations. Dow future was up 47 pts.

 

[SureshBajaj]

MARKET WRAP : 08/04/2011

Indian equity markets ended flat, Nifty down 7 pts and Sensex down 21 pts.
EUR German industrial production m/m came up at 1.6 vs. 0.6% against 2%.
European markets were in red with DAX worst, Dow future was up 10 pts.

Indian equity market ended flat for third straight session as Nifty lost 6 pts to end at 5886 while Sensex was down by 21 pts to settle at 19591. Euro markets were negative despite positive economic data; FTSE down 15 pts at 6026, CAC down 3 pts at 4046 and DAX down 19 pts at 7196. Dow future was up 10 pts ahead of jobless claims data.

 

[SureshBajaj]

MARKET WRAP : 11/04/2011:thumb:

Indian markets were down 0.80%, Nifty down 44 pts & Sensex down 140 pts.
USD consumer credit m/m came at 7.6 vs. 4.8 Bn as against expected 4.4 Bn.
European markets were in green with FTSE leading, Dow future was up 18 pts.

Indian equity market ended down 0.80% due to profit booking as market looked
overbought despite positive global cues as Nifty lost 44 pts to end at 5842 while Sensex was down by 140 pts to settle at 19451. Euro markets were positive with FTSE up 52 pts at 6059, CAC up 34 pts at 4062, DAX up 41 pts at 7219. Dow future was up 18 pts.