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India MarketSummary fortheweekended 16-8-2013
I Review of the Week
Market review for the week ended 16 August 2013
 Market declined during the week as RBI's curbs on forex outflows.
 Market declined on last day of the week, wiping out all the gains posted in the first three
trading sessions of a truncated week.
 Sensex hit its lowest closing level in over seven weeks and Nifty hit its lowest level in more
than 18 weeks.
 The Reserve Bank of India's (RBI) curbs on forex outflows announced on Wednesday to stem
rupee's slide rattled investor sentiment.
 Fears that the Federal Reserve will begin to scale back its monthly bond buys in September
2013 also dampened sentiment.
 The market gained in three out of four trading sessions in a truncated week, with market
remaining closed on Thursday, 15 August 2013, on account of Independence Day.
 Sensex fell 1.02% to 18598.18 and Nifty fell 1.03% to 5507.85 for the week ended 16 August
2013.
 Among the 30-share Sensex pack, 19 stocks declined and rest of them rose in the week
India MarketSummary fortheweekended 16-8-2013
Government Policies during the week
• The Reserve Bank of India on Wednesday announced measures to curb gold imports and
capital outflows to stem rupee's slide. The RBI limited the investment Indian companies can
make overseas without seeking its approval to 100% of their net worth. They were previously
allowed to invest up to four times their net worth. The RBI also reduced the amount that people
living in India can send abroad to $75,000 a year from $200,000.
• Finance Minister P. Chidambaram on Monday, 12 August 2013, announced measures to narrow
the current account deficit and prop up the local currency
Economic data
 Industrial production registered a contraction of 2.2% in June 2013. On a cumulative
basis, industrial production registered a contraction of 1.1% during April-June 2013.
 Inflation based on the consumer price index (CPI) eased in July 2013. The combined consumer
price index (CPI) for urban and rural India eased to 9.64% in July 2013, from 9.87% in June
2013.
 Inflation based on the wholesale price index (WPI) accelerated to 5.79% in July 2013, from
4.86% in June 2013
 India's trade deficit declined sharply on year on year basis in July 2013 as exports surged and
imports fell. Merchandise exports jumped 11.64% to $25.83 billion in July 2013 over July
2012. Total imports declined 6.2% to $38.10 billion in July 2013 over July 2012
Corporate Announcements
• Bhel tumbled 9.87% and was the biggest loser from the Sensex pack. Tata Power Company dropped 5.73%. The
stock was the second biggest loser from the Sensex pack.
• Bank stocks declined. Shares of state-run banking giant SBI lost 5.43%. SBI's net profit declined 13.6% to Rs
3241.08 crore on 11.65% growth in total income to Rs 36192.62 crore in Q1 June 2013 over Q1 June 2012.
• Metal stocks rose across the board on improved Chinese data.
• Tata Steel jumped 7.62%. The company's consolidated net profit jumped 90.46% to Rs 1139 crore on 3% fall in
turnover to Rs 32805 crore in Q1 June 2013 over Q1 June 2012.
• Sterlite Industries (India) fell 0.59%. The company on 8 August 2013 said that the National Green Tribunal
(NGT) has in its judgment upheld its interim order of 31 May 2013, and has allowed the company's Tuticorin
Copper Smelter to continue to operate.
• Hindalco Industries rose 2.13%. The company's net profit rose 11.52% to Rs 474 crore on 3.15% decline in revenue
from operations to Rs 5838 crore in Q1 June 2013 over Q1 June 2012.
• Bharti Airtel dropped 1.79%. Reportedly Singapore Telecommunications (SingTel) will increase its effective stake
in Bharti Airtel to 32.34% from 30.76%.
• Tata Motors surged 12.45% and was the biggest gainer from the Sensex pack. The company's global wholesale
vehicle sales fell 14% to 87,566 vehicles in July 2013 over July 2012.
• Mahindra & Mahindra (M&M) declined 2.74%. The company plans to invest Rs 200 crore to strengthen its
current product line-up of trucks and buses. The company plans to invest Rs 300 crore to explore new product lines
in the LCV, ICV and MCV range
• Bajaj Auto added 3.5%, it said that the company has received a notice from the workmen's union viz. Vishwa
Kalyan Kamgar Sanghatana stating that the stoppage of work at Chakan plant has been withdrawn and all the
workmen at Chakan plant will resume their duty in their respective shifts from 14 August 2013.
• ONGC fell 0.44%. ONGC's net profit fell 33.92% to Rs 4015.98 crore on 3.35% decline in total income to Rs
20505.03 crore in Q1 June 2013 over Q1 June 2012.
• Sun Pharmaceutical Industries jumped 6.88%. Sun Pharma's consolidated recurring net profit jumped 56% to Rs
1241 crore on 31% growth in net sales to Rs 3482 crore in Q1 June 2013 over Q1 June 2012.
• Cipla gained 0.88%. The company's net profit rose 18.5% to Rs 475 crore on 25.3% increase in gross revenues to
Rs 2492 crore in Q1 June 2013 over Q1 June 2012. Operating margins grew by 24.8% to Rs 675 crore during the
period under review
India MarketSummary fortheweekended 16-8-2013
Top Gainers and Losers of the week (NSE)
COMPANY
PRICE ON PRICE ON CHANGE
Aug 16, 2013
(Rs)
Aug 8, 2013
(Rs)
(%)
TATA MOTORS 313.95 278.8 12.60%
TATA STEEL 235.35 218.8 7.60%
HERO MOTOCORP 1,985.35 1,847.95 7.40%
SUN PHARMA 542.45 505.7 7.30%
NMDC LTD 108.75 101.9 6.70%
COMPANY
PRICE ON PRICE ON CHANGE
Aug 16, 2013
(Rs)
Aug 8, 2013
(Rs)
(%)
BHEL 105.55 117.4 -10.10%
PNB 500.25 540.55 -7.50%
BANK OF BARODA 479.25 513.05 -6.60%
SBI 1,570.60 1,664.15 -5.60%
TATA POWER 73.45 77.7 -5.50%
India MarketSummary fortheweekended 16-8-2013
II Forth coming week
Government policies / announcements
 The monsoon session of the Parliament begins on Monday, 5 August
2013 and ends on 30 August 2013
Economic data
• The government will announce Q1 June 2013 GDP data on 30 August
2013
India MarketSummary fortheweekended 16-8-2013
Market outlook
 The trend in investment by foreign institutional investors (FIIs), movement of rupee
against the dollar, and trend in global markets will dictate trend on the domestic
bourses in the near term.
 Investors will keep a close watch on the ongoing monsoon session of parliament as a
heavy legislative business has been lined up by the government.
 The government has expressed readiness to extend the monsoon session of
Parliament if need be.
 The market sentiment remains edgy on fears of slowdown in inflow from foreign
institutional investors as the US Federal Reserve may wind down a $85-billion-a-
month bond-buying program, which had become a source of funds for investment in
Indian as well as other emerging markets.
 The Federal Open Market Committee (FOMC) on 21 August 2013 will issue minutes
of its recent policy meeting held on 30 and 31 July 2013.
 The minutes of FOMC meet may help provide clues about the future of Fed's bond-
buying program. .
India MarketSummary fortheweekended 8-8-2013
Sector Outlook
• Market may continue to be choppy, valuations are extremely expensive, investors
should be cautious
• FMCG companies with high foreign institutional investors ownership are need to be
cautious. Fundamentally speaking, things have started slowing down. A lot of negative
commentary has been seen coming in from the managements of these FMCG companies
by way of slowdown in the staple segment.
• Reserve Bank’s liquidity tightening measures led investors to believe that slowdown
would continue for long and recovery was getting pushed back. Investors with long term
appetite can continue investing in IT, pharma and export companies
FMCG
• Sell if considerable returns could be fetched
IT
• Buy TCS and HCL Tech at declines
Pharma
• Buy Sunpharma, Cipla at declines
.
Are you confused with savings and investment? Attend our webinar
session conducted on every Sunday from 11:00 a.m to 1:00 p.m and
clarify all your doubts in finance planning. Visit www.ifmaonline.com
and enroll yourself to take up training.
----------------------------------------------
Free Internship Programme for the students with a background
of Finance and commerce, For more details, contact 044-
32983431/ lakshmiskn@indianfinancebazaar.com. Visit us at
www.ifmaonline.com, To Keep you updated with daily market
news, visit www.indiafinancebazaar.com
For students, we provide tailor made financial training upon the
college request. Contact lakshmiskn@indianfinancebazaar.com
for further details or call us at 044-32973431

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Market summary pptx for the week ended 16-8-2013

  • 1. India MarketSummary fortheweekended 16-8-2013 I Review of the Week Market review for the week ended 16 August 2013  Market declined during the week as RBI's curbs on forex outflows.  Market declined on last day of the week, wiping out all the gains posted in the first three trading sessions of a truncated week.  Sensex hit its lowest closing level in over seven weeks and Nifty hit its lowest level in more than 18 weeks.  The Reserve Bank of India's (RBI) curbs on forex outflows announced on Wednesday to stem rupee's slide rattled investor sentiment.  Fears that the Federal Reserve will begin to scale back its monthly bond buys in September 2013 also dampened sentiment.  The market gained in three out of four trading sessions in a truncated week, with market remaining closed on Thursday, 15 August 2013, on account of Independence Day.  Sensex fell 1.02% to 18598.18 and Nifty fell 1.03% to 5507.85 for the week ended 16 August 2013.  Among the 30-share Sensex pack, 19 stocks declined and rest of them rose in the week
  • 2. India MarketSummary fortheweekended 16-8-2013 Government Policies during the week • The Reserve Bank of India on Wednesday announced measures to curb gold imports and capital outflows to stem rupee's slide. The RBI limited the investment Indian companies can make overseas without seeking its approval to 100% of their net worth. They were previously allowed to invest up to four times their net worth. The RBI also reduced the amount that people living in India can send abroad to $75,000 a year from $200,000. • Finance Minister P. Chidambaram on Monday, 12 August 2013, announced measures to narrow the current account deficit and prop up the local currency Economic data  Industrial production registered a contraction of 2.2% in June 2013. On a cumulative basis, industrial production registered a contraction of 1.1% during April-June 2013.  Inflation based on the consumer price index (CPI) eased in July 2013. The combined consumer price index (CPI) for urban and rural India eased to 9.64% in July 2013, from 9.87% in June 2013.  Inflation based on the wholesale price index (WPI) accelerated to 5.79% in July 2013, from 4.86% in June 2013  India's trade deficit declined sharply on year on year basis in July 2013 as exports surged and imports fell. Merchandise exports jumped 11.64% to $25.83 billion in July 2013 over July 2012. Total imports declined 6.2% to $38.10 billion in July 2013 over July 2012
  • 3. Corporate Announcements • Bhel tumbled 9.87% and was the biggest loser from the Sensex pack. Tata Power Company dropped 5.73%. The stock was the second biggest loser from the Sensex pack. • Bank stocks declined. Shares of state-run banking giant SBI lost 5.43%. SBI's net profit declined 13.6% to Rs 3241.08 crore on 11.65% growth in total income to Rs 36192.62 crore in Q1 June 2013 over Q1 June 2012. • Metal stocks rose across the board on improved Chinese data. • Tata Steel jumped 7.62%. The company's consolidated net profit jumped 90.46% to Rs 1139 crore on 3% fall in turnover to Rs 32805 crore in Q1 June 2013 over Q1 June 2012. • Sterlite Industries (India) fell 0.59%. The company on 8 August 2013 said that the National Green Tribunal (NGT) has in its judgment upheld its interim order of 31 May 2013, and has allowed the company's Tuticorin Copper Smelter to continue to operate. • Hindalco Industries rose 2.13%. The company's net profit rose 11.52% to Rs 474 crore on 3.15% decline in revenue from operations to Rs 5838 crore in Q1 June 2013 over Q1 June 2012. • Bharti Airtel dropped 1.79%. Reportedly Singapore Telecommunications (SingTel) will increase its effective stake in Bharti Airtel to 32.34% from 30.76%. • Tata Motors surged 12.45% and was the biggest gainer from the Sensex pack. The company's global wholesale vehicle sales fell 14% to 87,566 vehicles in July 2013 over July 2012. • Mahindra & Mahindra (M&M) declined 2.74%. The company plans to invest Rs 200 crore to strengthen its current product line-up of trucks and buses. The company plans to invest Rs 300 crore to explore new product lines in the LCV, ICV and MCV range • Bajaj Auto added 3.5%, it said that the company has received a notice from the workmen's union viz. Vishwa Kalyan Kamgar Sanghatana stating that the stoppage of work at Chakan plant has been withdrawn and all the workmen at Chakan plant will resume their duty in their respective shifts from 14 August 2013. • ONGC fell 0.44%. ONGC's net profit fell 33.92% to Rs 4015.98 crore on 3.35% decline in total income to Rs 20505.03 crore in Q1 June 2013 over Q1 June 2012. • Sun Pharmaceutical Industries jumped 6.88%. Sun Pharma's consolidated recurring net profit jumped 56% to Rs 1241 crore on 31% growth in net sales to Rs 3482 crore in Q1 June 2013 over Q1 June 2012. • Cipla gained 0.88%. The company's net profit rose 18.5% to Rs 475 crore on 25.3% increase in gross revenues to Rs 2492 crore in Q1 June 2013 over Q1 June 2012. Operating margins grew by 24.8% to Rs 675 crore during the period under review
  • 4. India MarketSummary fortheweekended 16-8-2013 Top Gainers and Losers of the week (NSE) COMPANY PRICE ON PRICE ON CHANGE Aug 16, 2013 (Rs) Aug 8, 2013 (Rs) (%) TATA MOTORS 313.95 278.8 12.60% TATA STEEL 235.35 218.8 7.60% HERO MOTOCORP 1,985.35 1,847.95 7.40% SUN PHARMA 542.45 505.7 7.30% NMDC LTD 108.75 101.9 6.70% COMPANY PRICE ON PRICE ON CHANGE Aug 16, 2013 (Rs) Aug 8, 2013 (Rs) (%) BHEL 105.55 117.4 -10.10% PNB 500.25 540.55 -7.50% BANK OF BARODA 479.25 513.05 -6.60% SBI 1,570.60 1,664.15 -5.60% TATA POWER 73.45 77.7 -5.50%
  • 5. India MarketSummary fortheweekended 16-8-2013 II Forth coming week Government policies / announcements  The monsoon session of the Parliament begins on Monday, 5 August 2013 and ends on 30 August 2013 Economic data • The government will announce Q1 June 2013 GDP data on 30 August 2013
  • 6. India MarketSummary fortheweekended 16-8-2013 Market outlook  The trend in investment by foreign institutional investors (FIIs), movement of rupee against the dollar, and trend in global markets will dictate trend on the domestic bourses in the near term.  Investors will keep a close watch on the ongoing monsoon session of parliament as a heavy legislative business has been lined up by the government.  The government has expressed readiness to extend the monsoon session of Parliament if need be.  The market sentiment remains edgy on fears of slowdown in inflow from foreign institutional investors as the US Federal Reserve may wind down a $85-billion-a- month bond-buying program, which had become a source of funds for investment in Indian as well as other emerging markets.  The Federal Open Market Committee (FOMC) on 21 August 2013 will issue minutes of its recent policy meeting held on 30 and 31 July 2013.  The minutes of FOMC meet may help provide clues about the future of Fed's bond- buying program. .
  • 7. India MarketSummary fortheweekended 8-8-2013 Sector Outlook • Market may continue to be choppy, valuations are extremely expensive, investors should be cautious • FMCG companies with high foreign institutional investors ownership are need to be cautious. Fundamentally speaking, things have started slowing down. A lot of negative commentary has been seen coming in from the managements of these FMCG companies by way of slowdown in the staple segment. • Reserve Bank’s liquidity tightening measures led investors to believe that slowdown would continue for long and recovery was getting pushed back. Investors with long term appetite can continue investing in IT, pharma and export companies FMCG • Sell if considerable returns could be fetched IT • Buy TCS and HCL Tech at declines Pharma • Buy Sunpharma, Cipla at declines .
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