MORNING NOTE Jun 11, 2013
Rajesh Desai
MARKETS
Asian Market is trading mixed as Hang Seng was down by 0.95% while Nikkei 225 was down by 0.01% and Chinese markets were
down by 1.73%. Asian stocks swung between gains & losses after the regional equity benchmark extending the biggest gain in three
weeks yesterday, as consumer shares advanced. SoftBank Corp. gained after Sprint Nextel Corp.’s board approved an increased takeover offer
from the Japanese mobile carrier. Overnight U.S. markets were down by 0.06%. SGX Nifty at 8:00AM was trading at 5857 with a loss of 49 points.
MARKET STATS AT 8:00AM
Domestic Indices | Last Price | CH | % CH | % CH 5D | N-Ferrous Metals | Last Price | CH | % CH | % CH 5D |
Sensex | 19441.07 |
11.84 |
0.06 |
(0.86) | Copper |
7186.00 |
24.00 |
0.34 |
(3.61) |
Nifty | 5878 |
-3.00 |
(0.05) | (0.70) |
Aluminum |
1930.50 |
7.50 |
0.39 |
(0.80) |
Global Indices |
Last Price |
CH |
% CH |
% CH 5D |
Zinc |
1890.00 |
1.00 |
0.05 |
(3.67) |
Dow Jones | 15238.59 |
-9.53 |
(0.06) | (0.10) |
Nickel |
14950.00 |
55.00 |
0.37 |
(2.29) |
NASDAQ | 3473.766 |
4.55 |
0.13 |
0.24 |
Lead |
2153.25 |
-9.75 |
-0.45 |
(3.68) |
S&P 500 | 1642.81 |
-0.57 |
(0.03) | 0.15 |
Bullion & Crude Oil |
Last Price |
CH |
% CH |
% CH 5D |
|
FTSE 100 |
6400.45 |
-11.54 |
(0.18) | (1.91) |
Gold |
1385.13 |
-1.38 |
-0.10 |
(1.02) |
CAC 40 | 3864.36 |
-8.23 |
(0.21) | (1.44) |
Silver |
21.90 |
-0.03 |
-0.15 |
(2.87) |
DAX | 8307.69 |
53.01 |
0.64 |
0.26 |
NYMEX Crude Oil |
95.86 |
0.09 |
0.09 |
2.73 |
|
Nikkei 225 |
13513.28 |
-0.92 |
(0.01) | (0.15) |
ADR/GDR |
Last Price |
CH |
% CH |
% CH 5D |
|
Hang Seng |
21409.22 |
-205.87 |
(0.95) | (3.93) |
Infosys |
43.14 |
0.08 |
0.19 |
(0.67) |
Shanghai | 2210.898 |
-29.86 |
(1.33) | (3.90) |
ICICI B |
42.92 |
-1.33 |
-3.01 |
(2.70) |
CSI 300 | 2484.16 |
-43.69 |
(1.73) | (4.69) |
Wipro |
7.47 |
-0.10 |
-1.32 |
(2.35) |
KOSPI | 1911.15 |
-21.55 |
(1.12) | (3.94) |
Sterlite |
6.1 |
-0.17 |
-2.71 |
(8.96) |
Taiwan | 8142.3 |
-18.25 |
(0.22) | (0.60) |
HDFCB |
38.32 |
-0.88 |
-2.24 |
(2.86) |
Indices Future |
Last Price |
CH |
% CH |
% CH 5D |
Tata Mo |
25.83 |
-0.61 |
-2.31 |
(6.18) |
SGX Nifty | 5857.5 |
-49.50 |
(0.84) | (1.33) |
Tata Com |
6.62 |
0.00 |
0.00 |
(2.22) |
Dow Jones | 15199 |
-29.00 |
(0.19) | 0.13 |
DR.Reddy |
37.85 |
-0.85 |
-2.20 |
(0.63) |
Currencies & Freight |
Last Price |
CH |
% CH |
% CH 5D |
MTNL |
#N/A N/A |
#N/A N/A |
#N/A N/A |
#N/A N/A |
|
USD-INR X-RATE |
58.14 |
1.07 |
(1.84) | (2.36) |
Patni |
#N/A N/A |
#N/A N/A |
#N/A N/A |
#N/A N/A |
|
EUR-INR X-RATE |
76.78 |
1.08 |
(1.41) | (3.89) |
SBI |
70.3 |
-1.45 |
-2.02 |
(3.37) |
INR-JPY X-RATE | 1.69 |
-0.01 |
0.47 |
4.80 |
RIL |
27.39 |
-0.33 |
-1.19 |
(1.65) |
BALTIC DRY INDEX | 815 |
3.00 |
0.37 |
1.11663 |
L&T |
24.23 |
-0.47 |
-1.90 |
(1.50) |
SOURCE:BLOOMBERG
ECONOMY:
* 9:30 am: India local car sales for May
* India’s third-quarter employment outlook: Manpower survey.
EQUITY MOVERS:
* Jayswal Neco says an accident has taken place in one of the co’s steel founderies at Nagpur, causing disruption.
* Tata Steel says completes U.K. automotive coating line upgrade; invested 3.6m pounds: statement.
OTHER NEWS:
* Economic Affairs Secretary Arvind Mayaram says seeing drastic fall in gold imports, current rupee levels an aberration, will not last long
* RBI says imposes monetary penalty of 50m rupees on Axis Bank, 45m rupees on HDFC Bank and 10m rupees on ICICI Bank
for violating central bank instructions
* India monsoon rains 12% above 50-yr avg since June 1: IMD
* India’s rupee slumps 1.8% to a record low 58.1375 per dollar in Mumbai yday
* India wheat output, exports to drop in 2013, USDA unit say
CONFERENCES/EVENTS:
* 9:30 am: New Delhi. SIAM to announce the monthly industry figures for May
* 9:30 am: Mumbai. NAREDCO and Grant Thornton India organizes workshop on ‘Tax and Accounting Developments in India’s Real
Estate Sector’
* 10 am: Delhi. Sheila Dikshit, chief minister of Delhi, will inaugurate Job Fair 2013 organizes by Delhi University Student
Union for two day on June 11-12
* 11:30 am: New Delhi. President of India Pranab Mukherjee will lay foundation stone of Nirbhaya Bhawan, the new
building of National Commission for Women.
* 2 pm: New Delhi. Sandeep Mushran, founder & director of Fastrack Communications Pvt. to unveil new handset and
discuss future plans
* 2 pm: Mumbai. Siemens Home Appliances to announce launch of its exclusive brand store and brief retail expansion plans in India
* 4 pm: Mumbai. Godrej Industries analyst meet.
* 4 pm: New Delhi. Lowell Gruman, executive director of Incell Dx, California will address at a conference on Cervical Cancer hosted
by Cure Health Diagnostics
* Toronto: Indian Advisor to the Prime Minister on public Information, Infrastructure and Innovations Sam Pitroda speaks at
the University of Toronto for its India Innovation Insitute Speaker Series
SOURCE:BLOOMBERG
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
CA. Rajesh Desai