Saturday, June 4, 2011

BSE / NSE Weekly Review 3 June 2011

A global selloff in equities coupled with jitters over the ongoing 2G scam marred a good week for the Indian markets. Below par Q4 GDP numbers, and disappointing reports on the core sector and manufacturing also weighed on Dalal Street. However, a drop in food inflation and steady inflows from the FIIs lent good support to the Indian indices. Finally, the BSE Sensex rose 0.6% to close at 18,376 and the NSE Nifty gained 0.7% to close at 5,517 for the week.

A combination of rising interest rates and higher cost of fuel led to a slowdown in demand for cars for a second straight month in May, hurting the auto stocks this week. FMCG stocks rose after data showed that farm output rose by a strong 7.5% in Q4 March 2011. Also, Monsoon seems to be on track. Select pharma shares also advanced amid buying of defensive plays.

On Friday, Sensex slides for 2nd day...Ends near day's here to read more..

Sensex top gainers: The top gainers in the Sensex were Reliance Capital (up 7.5%), Hindustan Unilever (up 5.5%), Ambuja Cements (up 5.3%), L&T (up 4.5%) and Ranbaxy Labs (up 4.3%).

Sensex losers: The top losers in the Sensex were Tata Motors (down 6%), Hindalco (down 4.3%), Tata Steel (down 2%), ICICI Bank (down 1.9%) and BHEL (down 1.3%).
The BSE IT Index (up 0.9%):The top gainers in the IT sector were Mahindra Satyam (up 14.6%), Patni Computer (up 6.1%), Sasken Communication (up 3.1%), Financial Tech (up 2.9%) and Infosys (up 1%).

The top losers were Mphasis (down 2.4%) and OFSS (down 1.2%).

The BSE Healthcare Index (up 2.7%):The top gainers in the Pharma space were Wockhardt (up 9.3%), Aurobindo Pharma (up 6.9%), Glenmark Pharma (up 5.7%), Sun Pharma (up 5.1%) and Pfizer (up 4.6%).

The top losers were Orchid Chem (down 3%), Fresenius Kabi (down 2.4%), Natco Pharma (down 1.1%) and Piramal Healthcare (down 0.1%).

The BSE Banking Index (up 0.7%):The top gainers in the banking space were SBI (up 3.5%), Karnataka Bank (up 3.4%), Andhra Bank (up 3%), Union Bank of India (up 2.4%) and HDFC Bank (up 2.3%).

The top losers were Bank Of India (down 2.6%), ICICI Bank (down 1.9%), Yes Bank (down 1.9%), Canara Bank (down 1.5%) and Oriental Bank Of Commerce (down 1.1%).

The BSE Auto Index (down 2%):The top losers in the auto space were Tata Motors (down 6%), M&M (down 5.1%), Hindustan Motors (down 2.3%) and Eicher Motors (down 0.9%).

The top gainers were Bajaj Auto (up 4.5%), Ashok Leyland (up 3.2%), Swaraj Mazda (up 2.4%), Maruti Suzuki (up 1%) and Hero Honda Motor (up 0.6%).

The BSE Oil & Gas Index (down 0.8%):The top gainers in the oil & gas space were MRPL (up 7%), GSPL (up 4.3%), Gujarat NRE Coke (up 2.7%), Chennai Petroleum (up 2.3%) and Essar Oil (up 1.6%).

The top losers were Cairn India (down 3.4%), Shiv-Vani Oil (down 3.1%), Jindal Drilling (down 1.8%), Reliance Inds (down 1.1%) and BPCL (down 1.1%).
The BSE Capital Goods Index (up 2.6%):The top gainers in the Capital Goods space were Jyoti Structures (up 12.1%), Areva T&D (up 7.2%), Kirloskar Brother (up 5.6%), L&T (up 4.5%) and Alstom Projects (up 4.4%).

The top losers were Alfa Laval India (down 3.2%), Elgi Equipments (down 2.9%), Gammon India (down 2.7%), Bharat Electronics (down 2.1%) and BHEL (down 1.3%).

The Cement Sector: The top gainers in the cement sector were Dalmia Cement (up 5.5%), Binani Indus (up 3.1%), ACC (up 2.8%), Gujarat Sidhee (up 2%) and Grasim Inds (up 1.3%).

The top losers were Prism Cement (down 3.5%), Shree Cement (down 3.3%), Mangalam Cement (down 2.4%), Ultratech Cement (down 0.6%) and Birla Corp (down 0.4%).

The Telecom Sector: The top gainers in the telecom space were TTML (up 10.5%), RCom (up 9.8%), Gemini Comm (up 8.2%), Himachal Futuristic (up 6.3%) and Idea Cellular (up 4.5%).

The Realty Sector (up 2%):The top gainers in the real estate space were Peninsula Land (up 5.8%), DLF (up 3.8%), Parsvnath (up 3.4%), Unitech (up 3.3%) and Anant Raj Indus (up 1.5%)

Ansal Properties lost 5.8% during the week.

The Metals sector (down 0.6%): The top losers were Tata Steel (down 2%), Adhunik Metaliks (down 1.5%), Tata Sponge (down 0.5%) and Jindal Steel (down 0.5%).
The top gainers in the metals sector were Bhuwalka Steel (up 22.6%), Lloyds Metals (up 18.6%), Bhushan Steel (up 3.8%), Monnet Ispat (up 2.5%) and Ispat Industries (up 1.9%).

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