MARKET OUTLOOK FOR 13 May - CAUTIOUSLY OPTIMISTIC

8/6/2019 MARKET OUTLOOK FOR 13 May - CAUTIOUSLY OPTIMISTIC

1/3

make more, for surMorning Note 13 MAY 2011

India and Australia start free trade talks; seek to double trade within 5 yearsSiemens reports 52% rise in Q2 net profit

CARE assigns CARE AAA rating for the long term debt programme of RelianceCapital

De Nora India bags order worth Rs 16 crore

Usha Martin Education & S olutions posts stellar Q4 numbers

HDFC Bank raises Rs 3650 crore via Lower Tier II Bonds

SEBI Regn No. BSE: INB010985834 / NSE: INB23078143PMS Regn No. INP00000238

Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com


Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

FIRST LIGHT HEADINGS

MARKET INSIGHT

On Thursday 12 May 2011

The BSE Sensex tanked 239.39 points or 1.29% and settled at 18,345.57. The index

India VIX, a gauge for market's short term expectation of volatility lost 0.04%

All the Asian equity indices barring Taiwan Weighted finished the day's trade

, Benchmark indices resumed their downward trajectory on Thursd

even Better than Expected March IIP data could not wipe out the worries over rising interest rates a

economic growth from the investor's mind which led to one more disappointing session of trade

Dalal Street as both the benchmark indices ended lower by over 1% each. Fears of economic grow

came out in open after Finance Minister Pranab Mukherjee late on Wednesday warned that volat

commodity prices may drag down the country's annual economic growth to below an estimatepercent in this fiscal year. He said that India may miss its 9% fiscal year economic growth target

global commodity prices spikes and sustained local inflation crimp activity. Hence, even the bet

than Expected March IIP data could not rejuvenate market's strength. The March IIP numbe

showed a growth of 7.3% for March 2011, as compared to a growth of 3.65% (y-o-y) recorded

February, pretty higher against the street expectation of rise of 3.8% of the Industrial output for

month of March from a year earlier. However, higher weekly Food Inflation data increased t

likelihood that Reserve Bank of India would have to further its monetary tightening measures to r

in the rate of price rise. According to the data released by the commerce and industry ministry

Thursday, the food price index marginally rose by 0.10% to 192.8 during the 12 months ending Ap

30 almost flat compared with a corresponding figure of 192.6 a week ago. Further, bleak global lea

too dampened the sentiment further as Asian Indices mostly traded in red after witnessing mass

sell of US markets overnight.

touched a hi

and a low of 18,610.02 and 18,314.34 respectively.3 stocks advanced against 27 declining ones

the index The BSE Mid-cap was down 0.91% and Small-cap indices plunged 1.09% respective

(Provisional). On the BSE Sectoral front,Metal down 3.02%, Capital Goods down 1.48%, Bank

down 1.44%, Power down 1.18% and Auto down 1.11% were the major loser.On the flip sid

Realty up 0.36% was the only gainers.

in the negat

terrain on Thursday after a big sell-off witnessed in commodities restricted the investor's hung

for riskier investments, while a short-lived recovery in oil prices was wiped out in late tra

Chinese weaker-than-expected industrial output data on Wednesday too weighed on sentiments

the region. In addition, Seoul Composite declined more than two percent on Thursday am

foreign selling and the expiry of options, with losses among refiners and automakers, including

Oil Corp and Hyundai Motor, pressured the market.

at 21.23 from

previous close of 21.24 on Wednesday. The S&P CNX Nifty lost 80.30 points or 1.44% to set

at 5,484.75. The index touched high and low of 5,572.50 and 5,476.30, respectively. 8 stoc

advanced against 42 declining ones on the index. (Provisional)

INDEX Close %Chg

Sensex 18336 -1.34

Nifty 5486 -1.42

Midcap 6844 -0.91

Smallcap 8335 -1.07

VALUE T RAD ED (Rs Crs) % Chg

BSE 2596 -7.05

NSE 9298 -2.95

F& O Total 109883 43.90

Total Volume 121777 37.24

NET INFLOWS (Rs Crs) %Chg

FIIs (420) -436.00

DIIs 312 250.56

FI I OPEN INTERES T (Crs) % Chg

FII Index Futures 20336 7.89

FII Index Options 48281 1.75

FII Stock Futures 29993 -1.01

FII Stock Options 519 -4.77

%Chg

Dow Jones 12696 0.52

Nasdaq 2863 0.63

FTSE 100 5945 -0.52

Commodity %Chg

Crude (US$/bl) 112.97 -0.90

Gold (US$/oz) 1504.50 -0.03

Top 5 Movers Close Price % Chg

SIEMENS 865 0.72

ONGC 302.15 0.62

RANBAXY 480.5 0.54

BPCL 660.95 0.31

DLF 227.4 0.09

Top 5 Loser Close Price %ChgSTER 167.85 -5.25

HINDALCO 194.6 -5

SESAGOA 291.65 -3.83

HDFC 646.85 -2.89

KOTAKBANK 411.45 -2.89

DATA MATRIX OF LAST SESS ION

World Indices
http://www.linkedin.com/companies/815690http://twitter.com/moneysukhhttp://www.facebook.com/Moneysukh


2/3


3/3

Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES.

For more copies or other information, please send your query at [email protected]

dditional Information with respect to the securities referred in our derivative calls is uploaded on our website.lease note that our technical calls are totally independent of our fundamental calls. Technical Trends calls are based on momentu

nvestors/Traders are requested to observe following discipline to take maximum advantage of the products.

Entry/exit will be on the basis of price or time priorityUse strict stop loss at 15% from your average acquisition price

his report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated, published in aedia, website or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities a

inance Ltd. Any unauthorized use, disclosure or public dissemination of information contained herein is prohibited.

his data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herehile utmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct

ndirect losses arising from the use thereof and the investors are requested to use the information contained herein at their own risk.

make more, for sur

NAME DESIGNATION E-MAIL

Varun Gupta Head - Research [email protected]

Pashupati Nat h Jha Research Analyst [email protected]

Vikram Singh Research Analyst [email protected]


Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com


Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

Morning Note

MARKET OUTLOOK FOR 13 May - CAUTIOUSLY OPTIMISTIC

Documents

Transcript of MARKET OUTLOOK FOR 13 May - CAUTIOUSLY OPTIMISTIC