ݺߣ

ݺߣShare a Scribd company logo

Market wrap

?Download as PPTX, PDF?
?
G
Geojit BNP Paribas

The Sensex closed down around 75 points, with the auto sector gaining and FMCG sector losing. The market breadth turned negative as declining stocks outpaced advancing stocks. Auto and banking stocks like Yes Bank and IndusInd Bank closed higher. IndusInd Bank released strong Q3 earnings results. European shares traded higher on better-than-expected US corporate earnings reports, while US index futures were also up. The next triggers for the Indian market will be the IIP data and Infosys' Q3 earnings on Friday.

1 of 2
Download to read offline
MARKET WRAP 09.01.2013 Geojit BNP Paribas Financial Services Ltd., Registered Office: 34/659-P, Civil Line Road, Padivattom, Kochi -682024, Kerala, India, Tel: +91 484 2901000. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012
Sensex closed at 19666 down around 75 points. The major sectoral gainer of the day was the Auto sector and the loser was FMCG sector. The market breadth changed from flat to negative as there were seen 1398 stocks advancing against 1572 stocks declining. Auto stocks were trading higher on the renewed buying. Banking stocks like Yes Bank and IndusInd Bank were also closed higher. The first major Q3 earnings that came out today was of the banking stock IndusInd bank. In the global front, the European shares were trading higher as the US corporate earnings beat estimates. The US index futures were also trading in green. The next trigger for the Indian markets may be the outcome of IIP data and the corporate earnings of INFY which is due on Friday January 11, 2013. Market Wrap Geojit BNP Paribas Financial Services Ltd., Registered Office: 34/659-P, Civil Line Road, Padivattom, Kochi -682024, Kerala, India, Tel: +91 484 2901000. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012

More Related Content

Market wrap

  • 1. MARKET WRAP 09.01.2013 Geojit BNP Paribas Financial Services Ltd., Registered Office: 34/659-P, Civil Line Road, Padivattom, Kochi -682024, Kerala, India, Tel: +91 484 2901000. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012
  • 2. Sensex closed at 19666 down around 75 points. The major sectoral gainer of the day was the Auto sector and the loser was FMCG sector. The market breadth changed from flat to negative as there were seen 1398 stocks advancing against 1572 stocks declining. Auto stocks were trading higher on the renewed buying. Banking stocks like Yes Bank and IndusInd Bank were also closed higher. The first major Q3 earnings that came out today was of the banking stock IndusInd bank. In the global front, the European shares were trading higher as the US corporate earnings beat estimates. The US index futures were also trading in green. The next trigger for the Indian markets may be the outcome of IIP data and the corporate earnings of INFY which is due on Friday January 11, 2013. Market Wrap Geojit BNP Paribas Financial Services Ltd., Registered Office: 34/659-P, Civil Line Road, Padivattom, Kochi -682024, Kerala, India, Tel: +91 484 2901000. For investor queries: customercare@geojit.com, For grievances: grievances@geojit.com | SEBI Regn. Nos.: NSE: INB/INF/INE 231337230 I BSE: INB 011337236 & INF 011337237 INSDL: IN-DP-NSDL-24-97 I Portfolio Manager: INP 000003203 I CDSL Regn no: IN-DP-CDSL-648-2012