DATE -19-05-2010
The key benchmark indices eked out small gains in choppy trading session, tracking higher European stocks and gains in US index futures. Index heavyweights Reliance Industries (RIL) and Larsen & Toubro pared gains in late trade. Consumer durables, capital goods and IT stocks gained. PSU OMCs fell whereas oil exploration stocks rose after crude oil prices rebounded from 5 month lows. Auto stocks were mixed. Metal stocks fell.
The market breadth was strong as buying was witnessed in mid-cap and small-cap stocks. The BSE 30-share Sensex was provisionally up 44.30 points or 0.26%, up close to 135 points from the day's low and off about 120 points from the day's high.
Volatility was high right from the onset of the trading session. The market edged lower in early trade on weak Asian stocks. The market cut losses in morning trade after hitting a fresh intraday low. The market weakened once again after turning positive for a brief period in mid-morning trade when it hit a fresh intraday high. The market hit a fresh intraday high in early afternoon trade. Gains in European stocks pushed the market further higher, with the Sensex kissing the psychological 17,000 level in afternoon trade. The market came off the higher level amid intense volatility in mid-afternoon trade.
European stocks gained on Tuesday, led by banks and miners as euro zone debt worries eased following a meeting of the region's finance ministers during which they played down differences on how a massive bailout plan should be deployed. Key benchmark indices in UK, France and Germany rose by 0.58% to 1.18%.
Chinese stocks led a recovery Asian stocks which moved between positive and negative zone on Tuesday. The key benchmark indices in China, Japan, Singapore Hong Kong and Indonesia were up by between 0.07% to 1.36%. But, the key benchmark indices in South Korea and Taiwan fell by between 0.18% to 0.50%.
Asia's strong growth outlook and prospects for better returns will lift capital inflows into the region but that could increase appreciation pressure on currencies which may require authorities to impose capital controls, a report from Asian Development Bank said.
The Reserve Bank of India (RBI) governor D Subbarao on 11 May 2010 said India prefers long-term capital inflows to short-term flows and non-debt flows to debt flows. There is no proposal to impose a Tobin type tax to rein in excessive capital inflows, the RBI governor said. However, it needs reiterating that no policy instrument is clearly off the table and the choice of instruments will be determined by the context, Subbarao added.
But, worries over fiscal problems in southern Europe triggered outflow from China and India funds during the week ended 12 May 2010. As a result, Asia funds, excluding Japan, saw only $27 million inflows, their worst week in well over a year, as per data from global fund tracker EPFR Global.
US index futures edged higher in volatile trade reversing initial losses. Trading in US index futures indicated that the Dow could gain 13 points at the opening bell on Tuesday, 18 May 2010.
US stocks staged a comeback in late trading on Monday as bargain hunters snapped up beaten-down shares, setting aside concerns that efforts to tackle the euro-zone debt crisis could stifle the global economy. The Dow Jones Industrial Average edged up 5.67 points, or 0.05% to end at 10,625.83. The Standard & Poor's 500 Index added 1.26 points, or 0.11% to 1,136.94. The Nasdaq Composite Index rose 7.38 points, or 0.31% to close at 2,354.23.
Back home, the fourth quarter corporate results announced so far have been fairly encouraging. The combined net profit of a total of 2,060 companies rose 24.2% to Rs 54,508 crore on 25.4% rise in sales to Rs 5,52,421 crore in the quarter ended March 2010 over the quarter ended March 2009.
On the macro front, while the headline inflation declined to 9.59% in April 2010 from 9.9% rise in March 2010, the data for February 2010 was revised upwards to 10.06% from provisional figure of 9.89%, the latest government data showed. The RBI has forecast the headline inflation to ease to 5.5% at end-March 2011 on expectations of a normal monsoon.
The latest economic data showed industrial output rose lower than expected 13.5% in March 2010. The growth was also slower than February's 15.1% expansion. Manufacturing sector output rose 14.3% in March 2010. Industrial output rose 10.4% in the 2009/10 fiscal year, faster than the 2.6% growth clocked in the previous fiscal year.
The India Meteorological Department (IMD) said on Monday, 17 May 2010, that conditions are favourable for further advance of monsoon over more parts of Bay of Bengal and remaining parts of Andaman during next 48 hours. The southwest monsoon has set over the Andaman and Nicobar islands and some parts of southeast Bay of Bengal.
The IMD expects normal rainfall in the June-September monsoon season this year. Rainfall is likely to be 98% of the long-term average, the IMD said on 23 April 2010. Good monsoon rains would help raise farm output, boost rural incomes and lower food inflation. The south west monsoon is important for India as about 60% of the country's farmlands are rain-fed and more than half of the workforce is employed in the agriculture sector. The quantum of rainfall in the crucial sowing month of July and distribution of rainfall during the monsoon season also holds key.
The RBI expects India's economy to expand 8% in the year ending March 2011 (FY 2011) with an upward bias, assuming a normal monsoon this year and sustenance of good performance of the industrial and services sectors on the back of rising domestic and external demand. The RBI at its annual policy review on 20 April 2010 said it will continue to monitor macroeconomic conditions, particularly the price situation closely and take further action as warranted.
In its half-yearly World Economic Outlook, the International Monetary Fund (IMF) has pegged India's GDP growth at 8.75% in calendar 2010 and 8.5% in calendar 2011. According to the IMF, domestic demand in India will strengthen as the labour market improves, and investment is expected to be boosted by strong corporate profitability, rising business confidence and favourable financing conditions.
As per provisional figures, the BSE 30-share Sensex was up 44.30 points or 0.26% to 16,879.86. The Sensex rose 164.78 points at the day's high of 17,000.34 in afternoon trade. The index fell 91.13 points at the day's low of 16,744.13 in early trade.
The S&P CNX Nifty was up 7.50 points or 0.15% to 5,067.40 as per provisional figures.
The BSE Mid-Cap index rose 0.48%. The BSE Small-Cap index rose 0.77%.
The market breadth, indicating the overall health of the market, was strong. On BSE, 1625 shares advanced as compared to 1176 shares that declined. A total of 102 shares were unchanged.
From the 30 share Sensex pack, 18 stocks gained, while others fell.
BSE clocked turnover of Rs 3909 crore, lower than Rs 3987.71 crore on Monday, 17 May 2010.
Index heavyweight Reliance Industries (RIL) rose 0.38% to Rs 1020.65 on bargain hunting after last three days' losses. The stock was volatile. It hit a high of Rs 1033.45 and a low of Rs 1009. RIL has agreed with Russia's Sibur to set up a joint venture in India to make butyl rubber amid rising demand from the auto industry. As per the agreement, butyl rubber will be produced at RIL's integrated petrochemical site in Jamnagar.
The RIL stock had surged early this month, boosted by after a favourable ruling in the Supreme Court on gas dispute with Anil Ambani controlled Reliance Natural Resources (RNRL). The Supreme Court ordered the two firms to renegotiate a deal based on government policy on gas utilization.
Earlier, the Bombay High Court, in its order dated 15 June 2009 had directed that RNRL will get assured supply of 28 mmscmd of gas from RIL's Krishna-Godavari basin for 17 years at $2.34 per million British thermal units (mBtu). The gas price was 44.28% lower than the price fixed by the government for gas sale from the RIL block in the KG basin at $4.2 mBtu.
Oil exploration stocks rose as oil regained $70 a barrel level after hitting a five-month low the previous day on concerns about the health of the global economy. US crude for June delivery rose 2.4% to $71.77 in Asian electronic trading. Cairn India rose 1.01%. India's largest oil & gas exploration firm by sales ONGC rose 2.24%. India's second largest oil & gas exploration firm by sales Oil India rose 0.42%. Rise in crude oil prices would result in higher realizations from crude sales.
Shares of state-run oil marketing companies were mixed. The higher crude oil prices will increase under-recoveries of state-run oil firms on domestic sale of petrol, diesel, LPG and kerosene at controlled prices. Indian Oil Corporation (IOC) was down 0.36%. Bharat Petroleum Corporation (BPCL) was flat. Hindustan Petroleum Corporation (HPCL) rose 0.13%.
India's largest cellular services provider by sales Bharti Airtel rose 0.45%, with the stock gaining for the second straight day on bargain hunting after recent sharp fall triggered by telecom regulator Telecom Regulatory Authority of India (Trai)'s recommendation that telecom firms pay a one-time fee for holding radio-spectrum beyond 6.2 mega hertz (MHz) based on 3G prices.
Bharti Airtel said the telecoms regulator's proposals on allocation of second-generation (2G) spectrum are shocking, arbitrary and retrograde and are against all existing global norms for spectrum allocation. The company said it was confident that the Department of Telecommunications (DoT) and that the government will take a rational approach and summarily reject these arbitrary, impractical and perverse recommendations.
India's second largest listed cellular services provider by sales Reliance Communications (RCom) rose 2.26% on bargain hunting. The stock had lost 2.01% on Monday on weak financial performance. Consolidated net profit declined 22.99% to Rs 4655 crore in the year ended March 2010 over the year ended March 2009. The company announced the result on Saturday, 15 May 2010.
At the time of announcing the results, chairman Anil Ambani said RCom will be able to sustain profitable growth in the coming quarters despite a highly competitive environment.
Metal and mining stocks fell after LMEX, a gauge of six metals traded on the London Metal Exchange, plunged 5.96% on Monday, 17 May 2010. Hindustan Zinc, Jindal Steel & Power, Sterlite Industries, Tata Steel, Jindal Saw, Hindalco Industries, Steel Authority of India, Sesa Goa, fell by between 0.86% to 5.21%.
Auto shares were mixed . India's top truck maker by sales Tata Motors fell 1.87%, with the stock falling for the third straight day. The company's global vehicles sales rose 53% to 77,732 units in April 2010 over April 2009. Global sales include that of Jaguar and Land Rover brands, which rose 61% to 17,909 vehicles. The figures were announced on 14 May 2010.
India's largest tractor maker by sales Mahindra & Mahindra rose 0.39%, rebounding after last two days losses.
India's largest small car maker by sales Maruti Suzuki India was flat. Maruti's total sales rose almost 30% to 93,058 units in April 2010 over April 2009. Domestic sales rose 23.4% to 80,034 units. The data was unveiled on 1 May 2010.
Car sales in India rose an annual 39.5% to 143,976 cars in April 2010 over April 2009, data from the Society of Indian Automobile Manufacturers (SIAM) showed. Sales of trucks and buses, a barometer of economic activity, rose 64.5 % to 49,086 units in April 2010 over April 2009, SIAM said.
Bajaj Auto rose 1.25%, rebounding after last two days' losses. The stock hit a record high of Rs 2219.90 in intraday trade on Friday, 14 May 2010, boosted by strong Q4 results. Net profit surged 306% to Rs 528.65 crore in Q4 March 2010 over Q4 March 2009. The company announced result during market hours on Wednesday, 12 May 2010.
India's largest engineering and construction firm by sales Larsen & Toubro rose 3.18% to Rs 1656.60, extending Monday's near 5% post-result rally as the management gave a guidance of 20% growth in revenue and 25% growth in new orders in the current financial year at the time of announcing Q4 March 2010 results on Monday, 17 May 2010 But the stock came off the day's high of Rs 1680. The stock was the top gainer from the Sensex pack.
L&T's order inflow jumped 90% to Rs 23843 crore in Q4 March 2010 over Q4 March 2009. The company's order book as at 31 March 2010 stood at Rs 1,00,239 crore, which is 2.7 times its sales of Rs 36,996 crore for the year ended March 2010. Net profit rose 44% to Rs 1438.10 crore in Q4 March 2010 over Q4 March 2009. The company announced the result during market hours on Monday, 17 May 2010.
Among other capital goods stocks, Bharat Heavy Electricals, BEML, ABB, Thermax and Punj Lloyd rose by between 0.01% to 4.82%.
IT pivotals rose on bargain hunting after recent losses on hopes their limited exposure to the debt-ridden countries in Europe would not seriously dent their outlook. Europe is the second biggest market for Indian IT firms. India's second largest software services exporter Infosys rose 0.32%, with the stock rebounding from losses in the past three trading sessions.
India's third largest software services exporter Wipro rose 2.21%, with the stock rebounding from a three-day fall. But, India's largest software services exporter TCS fell 1.12% on reports the UK government will review outsourcing contracts, including agreements signed with TCS, in a bid to cut government spending.
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இன்றைய சந்தைகளை பொறுத்த வரை நிபிட்டி 5105 தாண்டினால் தான் சந்தை உயர்வுகளுக்கு வழி கிடைக்கும்
சந்தை பலவின மாகவே தெரிகிறது சந்தை அடுத்த நிபிட்டி லெவல்
4965 -4960 உடை பட்டால் சந்தை சரிவுகள் மிக வேகமாக இருக்கலாம் கவனமாக இருக்கவும்
சந்தை சரியும் பொழுது JSW STEEL ,EDUCOMP,SBI,LIC HOUSING,JINDAL STEEL
TATA STEEL,TATA MOTORS,WIPRO,PIRAMAL HEALTH,PNB,BANK OF INDIA ஆகிய பங்குகளை கவனிக்கலாம்
சந்தை எட்டர நிலையில் 5075 -5095-5115 --------5145 இறக்க நிலையில் 5045 -5020 -4990 -4960 ---4800 என்ற நிலையில் சந்தைகள் உடாடும் .
STOCKS TO WATCH
RELIANCE
PNB
ANDHRABANK
YESBANK
CENTRAL BANK
BANK OF INDIA
AMARARAJA BATERY
REC
PFC
NEYVELI LIGNITE
OPTO CIR
JSW STEEL
PUNJ LLOYD
MARUTHI
LIC HOUSING
NAGARJUNA CON
DLF
HCC
JAI PRAKASH POWER
PIRAMAL HEALTH
FORTIS
DIVIS LAB
STRLITE BIO
CAIRN
MRPL
IOC
ESSAR OIL
EVERONN
SINTEX
PETRONET LNG
CAIRN
M&M FIN
ADITYA BIRLA NUVO
TORRENT PHA
IDEA
RASTRIYA CHEM
BHARTHI AIR
REL CAPIL
NFL
EDUCOMP
GMDC
GUJ NRE COKE
SUN TV
MUNDRA PORT
UNITED SPRITS
IDFC
IDBI
IFCI
HAPPY TRADING
BULLMARKETINDIAA
DATE 18-05-2010
Volatility ruled the roost as the key benchmark indices pared steep intraday losses, tracking gains in European shares and recovery in US index futures. The S&P CNX Nifty regained the psychological 5,000 level after falling below that level earlier in the day. Shares of India's largest engineering and construction firm by sales Larsen & Toubro surged after strong Q4 results and was the top gainer from the Sensex pack.
PSU banking major State Bank of India also turned positive in late trade. The BSE 30-share Sensex was provisionally down 165.33 points or 0.97%, up close to 280 points from the day's low and off close to 130 points from the day's high. IT, realty and auto stocks fell. GAIL India rose after strong Q4 result. But, India's largest thermal power producer by sales NTPC fell on weak Q4 result. The market breadth was weak.
Volatility was high. The market extended losses after a weak opening triggered by lower Asian stocks. Intermittent recovery was witnessed after a steep intraday slide. The market staged a strong intraday rebound in afternoon trade as European stocks recovered from initial fall. The market weakened again shortly. The market once again recovered from lower level in mid-afternoon trade. The recovery gathered steam in late trade. Stocks weakened again at the fag end of the trading session.
European shares reversed losses to turn positive on Monday morning, with banks regaining some of the ground they lost in the previous session on euro zone debt worries. The key benchmark indices in Germany, France and UK were up by between 0.49% to 1.11%.
Asian stocks fell on Monday as concerns over the long-term health of the euro zone and weak US earnings dampened investor appetite for risk. The key benchmark indices in China, Hong Kong, Japan, Indonesia, South Korea, Singapore and Taiwan fell by between 0.77% to 5.07%.
Though still in the red, US index futures cut initial sharp losses. Trading in US index futures indicated that the Dow could fall 9 points at the opening bell on Monday, 17 May 2010.
US stocks fell on Friday 14 May 2010 on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt. The Dow Jones Industrial Average dropped 162.79 points or 1.51% to end at 10,620.16. The Standard & Poor's 500 Index fell 21.76 points, or 1.88% to 1,135.68. The Nasdaq Composite Index lost 47.51 points, or 1.98% to close at 2,346.85.
Back home, the fourth quarter corporate results announced so far have been fairly encouraging. The combined net profit of a total of 1,992 companies rose 26% to Rs 51305 crore on 26.2% rise in sales to Rs 5,23,315 crore in the quarter ended March 2010 over the quarter ended March 2009.
On the macro front, while the headline inflation declined to 9.59% in April 2010 from 9.9% rise in March 2010, the data for February 2010 was revised upwards to 10.06% from provisional figure of 9.89%, the latest government data showed. The RBI has forecast the headline inflation to ease to 5.5% at end-March 2011 on expectations of a normal monsoon.
The latest economic data showed industrial output rose lower than expected 13.5% in March 2010. The growth was also slower than February's 15.1% expansion. Manufacturing sector output rose 14.3% in March 2010. Industrial output rose 10.4% in the 2009/10 fiscal year, faster than the 2.6% growth clocked in the previous fiscal year.
The Indian Meteorological department (IMD) expects normal rainfall in the June-September monsoon season this year. Rainfall is likely to be 98% of the long-term average, the IMD said on 23 April 2010. Good monsoon rains would help raise farm output, boost rural incomes and lower food inflation. The south west monsoon is important for India as about 60% of the country's farmlands are rain-fed and more than half of the workforce is employed in the agriculture sector. The quantum of rainfall in the crucial sowing month of July and distribution of rainfall during the monsoon season holds key.
The Reserve Bank of India expects India's economy to expand 8% in the year ending March 2011 (FY 2011) with an upward bias, assuming a normal monsoon this year and sustenance of good performance of the industrial and services sectors on the back of rising domestic and external demand. The RBI at its annual policy review on 20 April 2010 said it will continue to monitor macroeconomic conditions, particularly the price situation closely and take further action as warranted.
In its half-yearly World Economic Outlook, the International Monetary Fund (IMF) has pegged India's GDP growth at 8.75% in calendar 2010 and 8.5% in calendar 2011. According to the IMF, domestic demand in India will strengthen as the labour market improves, and investment is expected to be boosted by strong corporate profitability, rising business confidence and favourable financing conditions.
Reserve Bank of India governor D Subbarao on 11 May 2010 said India prefers long-term capital inflows to short-term flows and non-debt flows to debt flows. There is no proposal to impose a Tobin type tax to rein in excessive capital inflows, the RBI governor said. However, it needs reiterating that no policy instrument is clearly off the table and the choice of instruments will be determined by the context, Subbarao added.
As per provisional figures, the BSE 30-share Sensex was down 165.33 points or 0.97% to 16,829.27. The Sensex fell 443.60 points at the day's low of 16,551 in early afternoon trade. The index fell 32.68 points at the day's high of 16961.92 in early trade.
The S&P CNX Nifty was down 36.70 points or 0.72% to 5,056.80 as per provisional figures, off the day's low of 4,966.25.
The BSE Mid-Cap index was down 0.2%. The BSE Small-Cap index was down 0.65%. Both the indices outperformed the Sensex.
The market breadth, indicating the overall health of the market, was weak. On BSE, 1802 shares declined as compared to 990 shares that advanced. A total of 80 shares were unchanged.
On the Sensex, 25 stocks declined, while other stocks rose.
BSE clocked turnover of Rs 3969 crore, slightly higher than Rs 3950 crore on Friday, 14 May 2010.
GAIL India rose 0.75% as net profit surged 44.57% to Rs 910.82 crore in Q4 March 2010 over Q4 March 2009. The company announced the result during market hours today.
India's largest thermal power producer by sales NTPC fell 1.36% as net profit declined 4.52% to Rs 2017.65 crore in Q4 March 2010 over Q4 March 2009. The company announced the result during market hours today.
Reliance Infrastructure slumped 3.37% as net profit fell 27.46% to Rs 251.09 crore in Q4 March 2010 over Q4 March 2009. The company announced the result on Saturday, 15 May 2010.
Index heavyweight Reliance Industries (RIL) fell 2.74% to Rs 1015, with the stock extending losses for the third straight day. Nevertheless, the stock came off day's low of Rs 1010. Reliance Industries (RIL) has agreed with Russia's Sibur to set up a joint venture in India to make butyl rubber amid rising demand from the auto industry. As per the agreement, butyl rubber will be produced at RIL's integrated petrochemical site in Jamnagar.
The RIL stock had surged recently after a favourable ruling in the Supreme Court early this month on gas dispute with Anil Ambani controlled Reliance Natural Resources (RNRL). The Supreme Court ordered the two firms to renegotiate a deal based on government policy on gas utilization.
Earlier, the Bombay High Court, in its order dated 15 June 2009 had directed that RNRL will get assured supply of 28 mmscmd of gas from RIL's Krishna-Godavari basin for 17 years at $2.34 per million British thermal units (mBtu). The gas price was 44.28% lower than the price fixed by the government for gas sale from the RIL block in the KG basin at $4.2 mBtu.
India's largest engineering and construction firm by sales Larsen & Toubro jumped 5.26% to Rs 1610 as net profit rose 44% to Rs 1438.10 crore in Q4 March 2010 over Q4 March 2009. The stock came off the day's low of Rs 1475.10. The stock was top gainer from the Sensex pack. The company announced the result during market hours today.
India's largest cellular services provider by sales Bharti Airtel rose 0.81% on bargain hunting after recent sharp fall triggered by telecom regulator Telecom Regulatory Authority of India (Trai)'s recommendation that telecom firms pay a one-time fee for holding radio-spectrum beyond 6.2 mega hertz (MHz) based on 3G prices.
Bharti Airtel said the telecoms regulator's proposals on allocation of second-generation (2G) spectrum are shocking, arbitrary and retrograde and are against all existing global norms for spectrum allocation. The company said it was confident that the Department of Telecommunications (DoT) and that the government will take a rational approach and summarily reject these arbitrary, impractical and perverse recommendations.
But, India's second largest listed cellular services provider by sales Reliance Communications fell 2.15% to Rs 141.60 as consolidated net profit declined 22.99% to Rs 4655 crore in the year ended March 2010 over the year ended March 2009. The stock hit a 52 week low of Rs 140.05 today. Chairman Anil Ambani said RCom will be able to sustain profitable growth in the coming quarters despite a highly competitive environment. The company announced the result on Saturday, 15 May 2010.
Interest rate sensitive banking shares cut steep intraday losses. India's largest private sector bank by net profit ICICI Bank fell 1.07% to Rs 902, with the stock falling for the second straight day. Nevertheless, the stock came off the day's low of Rs 883.55. Its ADR fell 4.06% on Friday.
India's biggest commercial bank in terms of branch network State Bank of India rose 1.77% to Rs 2262. The stock came off the day's low of Rs 2141.75. Net profit declined 31.93% to Rs 1866.60 crore in Q4 March 2010 over Q4 March 2009. The bank announced the result during market hours on Friday, 14 May 2010.
India's second largest private sector bank by net profit HDFC Bank fell 1.65% with the stock falling for the third straight day. Its ADR fell 1.61% on Friday.
India's largest mortgage lender by total income Housing Development Finance Corporation fell 0.56% to Rs 2754.65 with the stock falling for the second straight day. But, the stock came off the day's low of Rs 2719.50. The company's board on 3 May 2010 approved a 5-for-1 stock-split.
HDFC has reportedly extended concessional home loan scheme till 30 June 2010. Under the scheme, HDFC would offer a fixed interest rate of 8.25% up to March 2011, 9% for the next one year and a floating rate thereafter. The scheme was scheduled to end on 30 April 2010.
Auto shares also fell on profit taking. India's largest tractor maker by sales Mahindra & Mahindra fell 0.37%, with the stock falling for the second straight day.
India's top truck maker by sales Tata Motors fell 3.29%, with the stock falling for the second straight day. The company's global vehicles sales rose 53% to 77,732 units in April 2010 over April 2009. Global sales include that of Jaguar and Land Rover brands, which rose 61% to 17,909 vehicles. The figures were announced on 14 May 2010.
India's largest small car maker by sales Maruti Suzuki India declined 1.28%, with the stock falling for the second straight day. As per media reports, Maruti Suzuki has announced the recall of 10,000 units of its compact car A Star (known as Alto in Europe). The recall is only on the automatic transmission version of the vehicle (not sold in India).
Maruti's total sales rose almost 30% to 93,058 units in April 2010 over April 2009. Domestic sales rose 23.4% to 80,034 units. The data was unveiled on 1 May 2010.
Car sales in India rose an annual 39.5% to 143,976 cars in April 2010 over April 2009, data from the Society of Indian Automobile Manufacturers (SIAM) showed. Sales of trucks and buses, a barometer of economic activity, rose 64.5 % to 49,086 units in April 2010 over April 2009, SIAM said.
Bajaj Auto fell 1.04%, with the stock falling for the second straight day. The stock hit a record high of Rs 2219.90 on Friday, 14 May 2010, boosted by strong Q4 results. Net profit surged 306% to Rs 528.65 crore in Q4 March 2010 over Q4 March 2009. The company announced result during market hours on Wednesday, 12 May 2010.
India's largest FMCG maker by sales Hindustan Unilever rose 2.52% on defensive buying.
IT pivotals extended recent losses amid continuing concerns about the potential impact on euro-zone economic growth as governments in the region take measures to bring their swelling fiscal deficits under control. Europe is the second biggest market for Indian IT firms. India's second largest software services exporter Infosys fell 1.55%, with the stock falling for the second straight day. Its ADR fell 2.98% on Friday, 14 May 2010.
India's largest software services exporter TCS fell 2.47%, with the stock falling for the second straight day. India's third largest software services exporter Wipro fell 3.3%, with the stock falling for the third straight day. Its ADR fell 2% on Friday.
Realty stocks fell on profit taking. Sobha Developers, HDIL, Ackruti City, Phoenix Mills fell by between 0.02% to 2.41%.
India's largest realty firm by sales DLF declined 3.95%. DLF's net profit surged 1276.45% to Rs 411.01 crore in Q4 March 2010 over Q4 March 2009. The company announced the result after market hours on Friday, 14 May 2010.
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யூரோ எனப்படும் ஐரோப்பிய நாணயத்தின் மதிப்பு முன்னெப்போதும் இல்லாத அளவுக்குக் குறைந்துள்ளது. இதனால் இந்திய ஐடி துறைக்கு பெரும் பாதிப்பு ஏற்பட்டுள்ளது. முன்னணி நிறுவனங்கள் பெருமளவு நஷ்டத்தைச் சந்திக்க வேண்டிய நிலைக்குத் தள்ளப்பட்டுள்ளன.
அமெரிக்காவின் லேஹ்மன் பிரதர்ஸ் வங்கியின் சரிவுக்குப் பிறகு யூரோ மதிப்பு பெருமளவு சரிந்தது. ஆனால் அதேநேரம் டாலரின் மதிப்பில் எந்த மாறுதலும் ஏற்படவில்லை. அதன் மதிப்பு கிட்டத்தட்ட நிலையாகவே இருந்தது.
ரூபாய்க்கு நிகரான யூரோ மதிப்பும் கூட நிலைப்படுத்தப்படவில்லை. நான்கு ஆண்டுகளாக இந்த நிலைதான் நீடிக்கிறது.
இந்தியாவைப் பொறுத்தவரை டாலருக்கு அடுத்து முக்கிய சந்தை மதிப்பாகத் திகழ்வது யூரோதான். 15 பில்லியன் டாலர் அளவுக்கான ஏற்றுமதிகள் யூரோ மூலமே நடக்கின்றன.
மகிந்திரா சத்யம் டயிள்யூஎன்எஸ் குளோபல் சர்வீஸஸ், மாஸ்டெக் போன்ற நிறுவனங்கள் அமெரிக்காவைவிட அதிகமாக ஐரோப்பிய நாடுகளில்தான் வர்த்தகம் செய்கின்றன.
மற்ற முன்னணி ஐடி நிறுவனங்களான டிசிஎஸ், இன்போஸிஸ் மற்றும் விப்ரோ போன்றவற்றின் 25 சதவிதம் வரை யூரோக்களாகவும் பவுண்டுகளாகவும்தான் கிடைக்கின்றன.
இந்த நிலையில், கிரீஸ் நாட்டின் பொருளாதார நெருக்கடியைத் தொடர்ந்து யூரோ மதிப்பு மேலும் குறைந்தது. இன்று காலை நிலவரப்படி 1.22 டாலராக யூரோ மதிப்பு சரிந்துவிட்டது. 1.24- டாலருக்குக் கீழே யூரோ மதிப்பு கீழே சரியாது என்று அனைவருமே நம்பிக்கொண்டிருந்த நிலையில், இந்த திடீர் சரிவு, பல முனை பாதிப்புகளை ஏற்படுத்தியுள்ளது.
இந்த பாதிப்பின் அளவு குறித்து கருத்து தெரிவிக்க பல நிறுவனங்கள் முன்வரவில்லை. ஆனால் மாற்று நடவடிக்கைகளை சில நிறுவனங்கள் யோசிக்க ஆரம்பித்திருப்பதாக தெரியவந்துள்ளது.
எச்.சி.எல் நிறுவனம் தனது வருவாயில் 29 சதவிகிதம் ஐரோப்பிய நாடுகளிலிருந்தும், டெக் மஹிந்திரா நிறுவனம் 59 சதவிகித வருவாயை பிரிட்டன் மற்றும் இதர ஐரோப்பிய நாடுகளிலிருந்தும் பெற்ற வந்தது. இப்போது யூரோவின் மதிப்பில் ஏற்பட்டுள்ள வீழ்ச்சியால் இந்த நிறுவனங்களின் வருவாயில் கணிசமான வீழ்ச்சி ஏற்பட்டிருப்பது உண்மைதான் என பெயர் வெளியிட விரும்பாத அதிகாரிகள் தெரிவித்தனர்.
டி.சி.எஸ் மற்றும் விப்ரோவின் வருவாயும் யூரோ வீழ்ச்சியால் பாதிக்கப்பட்டுள்ளது.
ஆசிய சந்தையில் கச்சா எண்ணெய் விலை பேரல் ஒன்றுக்கு 70 டாலருக்கும் கீழ் குறைந்துள்ளது.
ஜூன் 1-ம் தேதிக்கான டெலிவரி கான்டராக்டின்படி ஒரு பேரல் கச்சா எண்ணெய்யின் விலை 69.82 டாலராக உள்ளது. சனிக்கிழமை இறுதி விலை 74.40டாலராக இருந்தது. இன்று மேலும் விலை குறைந்துள்ளது. சர்வதேச அளவில் கச்சா எண்ணெய்க்கான தேவையில் ஏற்பட்ட பெரும் சரிவுதான் இந்த விலை வீழ்ச்சிக்குக் காரணம் என்று கூறப்பட்டுள்ளது.
மேலும் டோக்கியோ, நியூயார்க் பங்குச் சந்தைகளில் சரிவு காணப்படுவதாலும் சர்வதேச சந்தையில் கச்சா எண்ணெய்யின் விலை தொடர்ந்து சரிந்து வருவதாக சந்தை நிபுணர்கள் தெரிவித்துள்ளனர்.
ஆனால் இந்த நிலை நீண்ட நாள் நீடிக்காது என்றும், இந்தியா , சீனா போன்ற நாடுகளின் கச்சா எண்ணெய் தேவை அதிகரிக்கும் என்று எதிர்ப்பார்ப்பதால், நம்பிக்கையுடன் இருக்கலாம் என்றும் நிபுணர்கள் கூறியுள்ளனர்.
நேற்றய சந்தைகளை பொறுத்தவரை ஸ்டேட் பேங்க் ஒப் இந்திய மற்றும் எல் என் டி நிறுவன பங்குகள் சந்தையை சற்று சரிவில் இருந்து மிட்டு உள்ளது ,ஐரோப்பிய சந்தைகளும் சரிவில் இருந்து மீண்டதும் இந்திய சந்தைகளும் சற்று உயர தொடங்கியது .
இன்றைய சந்தைகளை பொறுத்த வரை நேற்று தேசிய நிபிட்டி லோ லெவல் 4962 இந்த நிலையே சந்தை யின் கடைசி நிலை இந்த நிலை உடைபடும் பட்சத்தில் சந்தை சரிவுகள் மிக வேகமாக இருக்கலாம் கவனமாக இருக்கவும்
இன்றைய சந்தையை பொறுத்த வரை 5090 -5115 தாண்டும் பட்சதில் சந்தையின் நிலை சற்று காளையின் கைகளில் வர வாய்பிருகிறது
சந்தையை பொறுத்தவரை சற்று எட்ட்ரதுடன் காணப்படும் நிபிட்டி 40 லிருந்து 60 புள்ளிகள் வரை உயர வாய்ப்புள்ளது
சுகர் ,வங்கி ,ப்ஹர்மா ,ஆயில் நிறுவன பங்குகள் இன்று சந்தையை உயர்த்த உதவலாம்
சந்தை எட்ட்ரத்தில் 5072 -5090 -5115 இறக்கத்தில் 5045 -5020 -4995 -4960 இந்த நிலை உடை படுமானால் சந்தை 4650 டெஸ்ட் செய்ய வாய்ப்புள்ளது இந்த நிலைகளில் கவனமாக இருக்கவும் .
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