MORNING NOTE Apr 4, 2013
Rajesh Desai
MARKETS
Asian Market is trading lower as Hang Seng was down by 0.14% while Nikkei 225 was down by 1.72% and Chinese markets were
down by 0.11 %. Asian stocks fell to a five-week low and metals declined as the Bank of Japan concludes a two-day policy meeting,
while Australia’s dollar rose. South Korean shares and the won dropped as North Korean tensions escalated. Overnight U.S.
markets were down by 0.76%. SGX Nifty at 8:00AM was trading at 5641 with a loss of 29 points.
MARKET STATS AT 8:00AM
Domestic Indices | Last Price | CH | % CH | % CH 5D | N-Ferrous Metals | Last Price | CH | % CH | % CH 5D |
Sensex | 18801.64 |
-239.31 |
(1.26) | 0.64 |
Copper |
7334.00 |
-54.00 |
-0.73 |
(3.82) |
Nifty | 5672.9 |
-75.20 |
(1.31) | 0.55 |
Aluminium |
1870.00 |
-2.00 |
-0.11 |
(2.09) |
Global Indices |
Last Price |
CH |
% CH |
% CH 5D |
Zinc |
1850.00 |
-8.00 |
-0.43 |
(2.89) |
Dow Jones | 14550.35 |
-111.66 |
(0.76) | (0.06) |
Nickel |
16010.00 |
-95.00 |
-0.59 |
(4.59) |
NASDAQ | 3218.604 |
-36.26 |
(1.11) | (1.04) |
Lead |
2036.00 |
-14.00 |
-0.68 |
(4.44) |
S&P 500 | 1553.69 |
-16.56 |
(1.05) | (0.64) |
Bullion & Crude Oil |
Last Price |
CH |
% CH |
% CH 5D |
|
FTSE 100 |
6420.28 |
-70.38 |
(1.08) | 0.66 |
Gold |
1544.79 |
-13.16 |
-0.84 |
(3.26) |
CAC 40 | 3754.96 |
-50.41 |
(1.32) | 0.72 |
Silver |
26.82 |
-0.18 |
-0.68 |
(5.41) |
DAX | 7874.75 |
-69.12 |
(0.87) | 0.05 |
NYMEX Crude Oil |
94.38 |
-0.07 |
-0.07 |
(2.28) |
Nikkei 225 | 12149.17 |
-213.03 |
(1.72) | (1.51) |
ADR/GDR |
Last Price |
CH |
% CH |
% CH 5D |
|
Hang Seng |
22337.49 |
-30.33 |
(0.14) | 0.39 |
Infosys |
53.64 |
-0.57 |
-1.05 |
1.92 |
|
Shanghai |
2225.295 |
-2.41 |
(0.11) | (3.30) |
ICICI B |
40.75 |
-1.43 |
-3.39 |
0.47 |
|
CSI 300 |
2483.547 |
-2.84 |
(0.11) | (3.87) |
Wipro |
10.08 |
-0.19 |
-1.85 |
1.41 |
|
KOSPI |
1953.32 |
-29.90 |
(1.51) | (1.53) |
Sterlite |
6.65 |
-0.23 |
-3.34 |
(3.06) |
Taiwan | 7942.35 |
29.17 |
0.37 |
0.61 |
HDFCB |
37.06 |
-0.48 |
-1.28 |
0.84 |
|
Indices Future |
Last Price |
CH |
% CH |
% CH 5D |
Tata Mo |
23.73 |
-0.84 |
-3.42 |
(6.17) |
SGX Nifty | 5641.5 |
-29.00 |
(0.51) | (0.49) |
Tata Com |
8.21 |
-0.10 |
-1.20 |
5.12 |
|
Dow Jones |
14486 |
-1.00 |
(0.01) | 0.28 |
DR.Reddy |
33.38 |
-0.45 |
-1.33 |
2.90 |
|
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 |
54.44 |
0.17 |
(0.31) | (0.14) |
Patni |
#N/A N/A |
#N/A N/A |
#N/A N/A |
#N/A N/A |
|
EUR-INR X-RATE |
69.76 |
0.10 |
(0.14) | 0.31 |
SBI |
78.3 |
-3.10 |
-3.81 |
(4.63) |
INR-JPY X-RATE | 1.71 |
0.00 |
(0.12) | 1.17 |
RIL |
28.2 |
-0.71 |
-2.46 |
(4.08) |
BALTIC DRY INDEX | 877 |
-19.00 |
(2.12) | -6.20321 |
L&T |
25.11 |
-1.03 |
-3.94 |
(0.36) |
SOURCE:BLOOMBERG
ECONOMY:
* 2:30 pm: Mumbai. RBI Governor D. Subbarao and deputy governors hold pre-policy consultation meeting with IBA.
EQUITY MOVERS:
* Top court reserves order on Vedanta-Cairn India deal case.
* Maharashtra Seamless directors to consider shr buyback on April 8.
* Mangalore Chemicals & Fertilizers stake purchase an investment decision up to now, Zuari Group spokesman Barun Banerji says.
* United Breweries Holdings’ stake in United Spirits falls to 15.7% from 17.75% after lenders sell pledged shares.
OTHER NEWS
* Exporters need 100b rupees govt help: FIEO CEO Ajay Sahai
* Paris-based Epex Spot and Indian Energy Exchange sign pact
* Supreme Court reserves order on Vedanta-Cairn India deal
* Qatar’s Hassad Food buys majority stake in India’s Bush Foods
CONFERENCES/EVENTS:
* 10 am: New Delhi. Communications Minister Kapil Sibal inaugurates 2-day, 8th Mindmine Summit 2013 organized by Hero MotoCorp.
* 10 am: New Delhi. Railway Minister Pawan Kumar Bansal addresses ASSOCHAM International Conference on Dedicated Freight Corridor.
* 10:45 am: New Delhi. Congress Party vice president Rahul Gandhi speaks at CII annual meeting and national conference.
* 11:30 am: Mumbai. Swati Piramal, vice chairperson of Piramal Enterprises, introduces anti-aging skincare product.
* 12 pm: New Delhi. Planning Commission Deputy Chairman Montek Singh Ahluwalia, Heavy Industries Minister Praful Patel and
Planning Commission member Arun Maira speak at CII AGM.
* 12 pm: New Delhi. Pradeep Bakshi, executive VP & COO - unitary products of Voltas Ltd., will showcase new product range & share plans.
* 12:15 pm: Chennai. Chennai Super Kings to unveil range of merchandise and cricket gear for IPL 6.
SOURCE:BLOOMBERG
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
--
CA. Rajesh Desai