Daily Morning Note by BSE Securities - 03 June 2013
The markets opened on a weak note and slipped lower in the early session post which they traded sideways till the late morning session. Weak GDP data triggered selling in the markets which led the indices to end on a negative note. All the sectoral indices except IT ended in the red with Realty & Oil & Gas losing the most .In the Sensex stocks Infosys (2.79%), Sterlite (2.58%) and TCS (0.07%) were the only gainers while Bharti Airtel (4.86%), Gail India (4.26%), Jindal Steel (4.07%) were among the major losers. The Sensex lost 455 points or 2.25% to close at 19,760 and the Nifty lost 138 points or 2.26% to close at 5,986.
Total traded turnover stood at Rs 144,913 cr. In equities FIIs were net sellers (Rs 504 cr) while DIIs buyers of (Rs 203 cr). On the derivatives side, FIIs were net sellers in Index Futures (Rs 1,828 cr) Stock Options (Rs 19 cr) while they were net buyers in Index Options (Rs 390 cr) Stock Futures (Rs 262 cr).
The US markets lower in a volatile session amidst mixed economic data which showed expansion of manufacturing activity however consumer spending fell for the first time in almost a year.The Dow Jones lost 209 points or 1.36% to close 15,116 while the NASDAQ lost 35 points or 1.01% to close at 3,456.
Asian markets opened on a cautious note as uncertainty over US stimulus prompted investor to book profits from recent highs. Indian indices are also expected to open on a soft note and global developments will be monitored closely for further direction..
0 comments :
Post a Comment