Equity Market Update for - Feb 08, 2010

Equity Markets For The Day

The The Sensex ended the day with a gain of 19.96 points, or 0.13% at 15,935.61. The broad-based NSE Nifty climbed 3.15 points, or 0.07% at 4760.40.

. T  Top Gainers today were Airtel(2.9%),Rel Comm(2.9%),HUL(2.5),M&M(1.8%),ONGC(1.7%).

      Top Losers today were Tata Steel(4.5%),Hindalco(3.7%),NTPC(1.6%),Tata Power(1.4%),JP Associates(1.4%).

      Market breadth was negative with 1,332 advances against 1,460 declines.

 
INDEX CLOSE POINTS %CHANGE
NIFTY 4760.40 +3.15 0.07%
SENSEX 15,935.61 +19.96 0.13%
 


                TOP 3 GAINERS (source: nseindia.com)

GAINERS LAST PRICE % GAIN
AIRTEL 309.00 2.93
REL COMM 169.85 2.91
HUL 237.00 2.51
TOP 3 LOSERS
LOSERS  LAST PRICE % LOSS
TATA STEEL 533.50 4.51
HINDALCO 136.15 3.71
NTPC 201.80 1.58

 

 

 Debt Market Update for Feb 08, 2010

MIBOR

3.30%

 

FOREX

$ Rupee 46.81/46.82

WPI INFLATION 

7.31%

Money market rates

  CD
90 days 5.25%
180 days 5.75%
1 year 6.25%


 

G SEC YIELD

5 year (7.32% GOI 2014) 7.16%
10 year (6.35% GOI 2020) 7.68%
US 10 YR. yield 3.59%
   

NEXT AUCTION AS PER CALENDAR

Scheduled G-Sec auction completed for FY10

PREVIOUS AUCTION

Feb 5 - GOI - 7 yr -Rs.3000 cr;  10 yr-Rs.3000 cr; 18 yr - Rs. 2000 cr

TREASURY BILL AUCTION

TENOR SIZE DATE CUT OFF PREVIOUS CUT OFF
91 day 7000 cr 03-Feb 4.09% 27-Jan 4.01%
182 day 1500 cr 03-Feb 4.49% 20-Jan 4.20%
364 day 1000 cr 27-Jan  4.67% 13-Jan  4.67%

YIELD COMPARISON

SECURITY TODAY 1 D Ago 1 Wk Ago  1 Mt Ago 
  08-Feb 05-Feb 01-Feb 07-Jan
7.32% GOI 2014 7.16% 7.18% 7.16% 7.29%
6.35% GOI 2020 7.68% 7.68% 7.63% 7.69%
8.28% GOI 2032 8.33% 8.33% 8.28% 8.30%
CORPORATE  BOND MARKET

Market Behavior and sentiment for the day: Volumes in the Corporate bond market improved,  with yields moving sideways ahead of policy meeting.

AAA BENCHMARKS / SPREADS
1Y 6.30 221
2Y 7.11 227
3Y 7.65 143
5Y 8.43 114
10Y 8.75 92
     
     
     
     
     
     

G-sec market comments: G-sec market opened high on completion of gross borrowing programme for FY10. Better than expected FY10 GDP  numbers and profit-booking pushed up the yields. 10 year benchmark security (6.35% GS 2020)  touched intra-day low of 7.63% in the morning session and closed at previous level of 7.68%.

Liquidity continued to be comfortable, with overnight call money market rates  in the range of 2.20%-3.30%. Net LAF balance was at Rs. 1,19,210 cr (Previous : Rs.  1,18,515 cr).

Markets are expected to take cues from Dec'09 Industrial production numbers, global cues, domestic liquidity position and policy-makers statements and actions.


 

Contact Us / Sign up a friend :
 Sources: NSE MIBOR, Top Gainers and Losers :- nse india.com.  Dollar/ Rupee Rate, Forward Premia, Repo amounts, Sensex / Nifty details, Tbill auction details, Auction details :- Reuters.  Gsec Benchmark and U.S. yields, Corporate yields :- Reuters, Bloomberg & RMF Team.  CP benchmark :- Bloomberg and RMF Fund Managers. FII flows :- sebi.gov.in
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