Monday, February 2, 2009

Markets 4 U

Equity Market Update for - February  02, 2009

Equity Markets For The Day

The Sensex ended the day with a loss of 357.54 points, or 3.79% at 9,066.70. The broad-based NSE Nifty declined 108.15 points, or 3.76% at 2,766.65

Top Gainer was HUL(0.31%).

Major losers were JP Associates(14.30%),DLF(13.69%),Rel Infra(11.21%),HDFC(8.25%),ICICI Bank(7.76%).

Overall market breadth was extremely negative. Out of the total 2,527 stocks traded at BSE, 866 advanced, 1,576 declined while 85 emained unchanged.

The

 

 
INDEX CLOSE POINTS %CHANGE
NIFTY 2,766.65 -108.15 3.76%
SENSEX 9,066.70 -357.54 3.79%
 


                TOP 3 GAINERS (source: bseindia.com)

GAINERS LAST PRICE % GAIN
HUL 262.00 0.31
     
     
TOP 3 LOSERS
LOSERS LAST PRICE % LOSS
JP ASSOCIATES 65.35 14.30
DLF 152.95 13.69
REL INFRA 517.00 11.21

 

 

 Debt Market Update for February  02, 2009

MIBOR

4.25%

 

FOREX

$ Rupee 48.92/48.93
1 year fwd 1.99%-2.03%

WPI INFLATION 

5.64%

Money market rates

  CD
30 days

4.60-4.75%

90 days

6.00-6.25%

1 year

7.25%-7.50%


 

G SEC YIELD

30 year (6.83% GOI 2039) 7.13%
9 year (8.24% GOI 2018) 6.22%
US 10 YR. yield 2.81%
   

NEXT AUCTION AS PER CALENDAR

Feb 6-9 - GOI- 5-9 yr - Rs.5000 cr; 15-19 yr - Rs.2000 cr

Last Auction

Jan 30-GOI-5 yr-Rs.3000 cr; 30 yr -Rs.3000 cr; 10 yr -4000 cr

TREASURY BILL AUCTION

TENOR SIZE DATE CUT OFF PREVIOUS CUT OFF
91 day 8000 cr 28-Jan 4.79% 21-Jan 4.67%
182 day 1500 cr 21-Jan 4.55% 07-Jan 4.64%
364 day 1000 cr 28-Jan 4.59% 14-Jan 4.51%

YIELD COMPARISON

SECURITY TODAY 1 D Ago 1 Wk Ago  1 Mt Ago 
  02-Feb 30-Jan 23-Jan 02-Jan
8.24% GOI 2018 6.22% 6.14% 5.72% 5.07%
7.99% GOI 2017 6.39% 6.49% 6.31% 5.41%
6.83% GOI 2039 7.13% 7.11% 6.91% 6.22%
CORPORATE  BOND MARKET

Market Behavior and sentiment for the day: Corporate bond market was range-bound, with lack-luster activity.

AAA BENCHMARKS / SPREADS
1Y 8.30 370
2Y 8.55 333
3Y 8.85 325
4Y 8.90 292
5Y 8.90 295
6Y 8.98 268
7Y 9.1 264
10Y 9.15 298
     
     
     

G-sec market comments: G-sec markets opened strong on expectations of monetary easing, but was weak during the day on  expectation of further additional G-Sec borrowings.

The benchmark G-Sec bonds (8.24% GOI 2018) yields closed at 6.14% as against the previous close of 6.14%, on higher auction cut-off.

Liquidity was comfortable, with money market rates in the range of 3.5%-4.5%. The net RBI's LAF balance was positive at around Rs.48,000 cr.

This week, the markets are expected to take cues from  inflation, domestic liquidity position and global economic data-points.
 


 

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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