Net FII Purchases & Sales during the Week 2nd April 2012 to 6th April 2012

Net FII Purchases & Sales during the Week 2nd April 2012 to 6th April 2012

FII purchases during the week:

3/4/2012: 1297.7
4/4/2012: 369.2

FII were net buyer during the week to the tune of Rs 1666.9 crore.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 2nd April 2012 to 6th April 2012

Sectoral Performance during the Week 2nd April 2012 to 6th April 2012


MAJOR SECTORAL GAINERS:

CONSUMER DURABLE: 6.40%
CAPITAL GOODS: 3.30%
POWER: 3.20%
PSU: 2.15%
IT: 0.40%
FMCG: 0.20%
METAL: 0.10%

MAJOR SECTORAL LOSERS:

AUTO: -0.70%
PHARMA: -0.80%

MAJOR GAINERS IN SENSEX:

BHEL: 6.50%
SBI: 3.30%
NTPC: 3.10%

MAJOR LOSERS SENSEX:

JSPL: -3.50%
HUL: -2.55%
MARUTI: -2.30%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 2nd April 2012 to 6th April 2012

Trend in Global Market during the Week 2nd April 2012 to 6th April 2012

DOW JONES: -1%
FTSE: -1.10%
DAX: -2.30%
CAC: -3.20%
BOVESPA: -1.50%
NIKKEI: -2.60%
SINGAPORE: -0.80%
HANG SENG: 1.10%
SHANGHAI: Closed
SENSEX: 0.50%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 9th April 2012 to 13th April 2012

Important US Economic Data Releases for the Week 9th April 2012 to 13th April 2012

Tuesday
Wholesale Trade

Wednesday
Import and Export Prices
EIA Petroleum Status Reports
Beige Book

Thursday
International Trade
Jobless Claims
Producer Price Index
Bloomberg Consumer Comfort Index
EIA Natural Gas Report

Friday
Consumer Price Index
Consumer Sentiment

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FMP Details(As on 03rd April 2012)

Regards,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the Week 26th March 2012 to 30th March 2012

Net FII Purchases & Sales during the Week 26th March 2012 to 30th March 2012

FII purchases during the week:

26/03/2012: 330.2
28/03/2012: 78.9
29/03/2012: 249.4

FII sales during the week:

27/03/2012: -94.4
30/03/2012: -1299.4

FII were net seller of Rs 735.30 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 26th March 2012 to 30th March 2012

Sectoral Performance during the Week 26th March 2012 to 30th March 2012

MAJOR SECTORAL GAINERS:

PHARMA: 2.50%
FMCG: 2%
AUTO: 1.40%
METAL: 1.10%
OIL & GAS: 0.40%

MAJOR SECTORAL LOSERS:

CAPITAL GOODS: -0.80%
BANKING: -0.90%
PSU: -1%
CONSUMER DURABLE: -1%
POWER: -2.10%

MAJOR GAINERS IN BSE ‘A’ CATEGORY:

IVRCL: 16%
RANBAXY: 13.90%
CENTURY TEXTILE: 11.70%

MAJOR LOSERS BSE ‘A’ CATEGORY:

INDIABULLS FINANCE: -13.40%
HDIL: -10.10%
MAHINDRA FINANCE: -10%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 26th March 2012 to 30th March 2012

Trend in Global Market during the Week 26th March 2012 to 30th March 2012

DOW JONES: 1%
FTSE: -1.50%
DAX: -0.70%
CAC: -1.50%
BOVESPA: -2%
NIKKEI: 0.70%
SINGAPORE: 0.70%
HANG SENG: -0.50%
SHANGHAI: -3.70%
SENSEX: 0.20%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 2nd April 2012 to 6th April 2012

Important US Economic Data Releases for the Week 2nd April 2012 to 6th April 2012

Monday
ISM Manufacturing Index
Construction Spending
James Bullard Speaks

Tuesday
Motor Vehicle Sales
Factory Orders
ICSC – Goldman Store Sales
FOMC Minutes

Wednesday
ADP Employment Report
ISM – Non Manufacturing Index
EIA Petroleum Status Report

Thursday
Chain Store Sales
Jobless Claims
EIA Natural Gas Reports
Bloomberg Consumer Comfort Index

Friday
Employment Situation
Consumer Credit

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Debt Market Update

Source: Bloomberg

• The g-sec market turned bearish upon announcement of the first half borrowing calendar, with 10 year benchmark yield touching a 3 month high of 8.62%. However a surprise announcement of OMO by RBI on 29th March calmed the jittery sentiments, preventing further sell off. But sentiments remain bearish on concerns that the renewed pressure on inflation may restrict RBI from cutting interest rates aggressively. The 10 year benchmark yield closed the week 15 bps higher at 8.54%.

• As per the borrowing calendar, the Government is planning to raise Rs.3.70 Tn in the first half, which is around 65% of the total borrowing planned for FY13. The weekly supply is quite heavy with an average supply of Rs.150-180 Bn per week. With redemptions of about Rs.880 Bn, the net borrowing is likely to be in the range of 2.8Tn, which is about 48% higher compared to the first half borrowing last year.

• The corporate bond market also remained subdued due to sell-off in sovereigns, though the intensity of sell off was somewhat lower. The 5 year AAA and 10 year AAA bond ended the week in red at 9.55% and 9.51% respectively, up 3-4 bps. Due to steep sell off in sovereigns, the credit spreads for 5 year and 10 year AAA bonds narrowed by 7-11 bps, to close at 77 and 79 bps respectively.

• Liquidity remained tight during this week as well, due to delay in government spending as well excess covering of CRR product by Banks in the first week of reporting fortnight. The average LAF borrowing stood higher at Rs. 1.76 Tn compared to Rs.1.70 Tn in the previous week. Some banks also tapped the high cost marginal standing facility, due to shortage of SLR securities. Both the call rates and the CBLO rates were volatile, trading in wide band of 8%-15%. While the call rates touched a high of 15%, the CBLO rates traded around 12%.

• The money market yields softened a bit during the week on good amount of buying by Mutual Funds ahead of year end closing. While the 3 month CD rates moved down by 25 bps to close at 10.7%, the 1 year CD rates eased by 35 bps to close 10.15% for the week.

The Week Ahead

• The RBI is set to start the next year's borrowing in the coming week with an issuance of Rs.180 Bn. While the heavy supply will keep the rates under pressure, the market may also be wary of any RBI moves on OMO while bidding up the yields too high. Next week being a truncated week with only 2 trading days, we expect the 10 year to range between 8.45%-8.65%.

• As the banks have covered excess product towards their CRR requirement in the previous week, the LAF borrowing is likely to trend lower to around 1.00 – 1.15 Tn in the coming week. Further, the liquidity is likely to improve on redemptions as well as government spending in the coming week.

• The corporate bond yields are likely to remain range bound and track the sovereigns. However, the money market yields are likely to continue their easing trend. We expect the money market rates to ease further from the current levels, as the liquidity situation is likely to improve going forward.

Regards,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd