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India MarketSummary fortheweekended 14-3-2014
I Review of the Week
Market review for the week ended 14 March 2014
 The market declined last week on weak global cues.
 Media reports that unseasonal heavy rain and hail storms have hit
crops across the country over the last one week hit investor
sentiment adversely.
 Provisional data showing a decline of 3.67% in India's merchandise
exports year-on-year in February 2014 also spoiled sentiment.
 The market rose in three out of five trading sessions of the week.
 Sensex fell 0.50% to 21,809.80 and Nifty fell 0.34% to 6,504.20 in
the week ended 14 March 2014.
 Among the 30 Sensex shares, 19 rose and the remaining shares fell
India MarketSummaryfortheweekended 14-3-2014
Government Policies during the week
 The economy can grow an annual 5.2% in the quarter to end-March on higher
farm output growth, the chairman of the Prime Minister's Economic Advisory
Council said on Friday, 14 March 2014
Economic data
 India's inflation based on the wholesale price index (WPI) eased to a nine-
month low of 4.68% in February 2014, from 5.05% in January 2014 and 7.28%
during the corresponding month of the previous year
 India's trade deficit narrowed to $8.13 billion in February 2014, from $14.12
billion in February 2013. Total imports declined 17.09% year-on-year at $33.81
billion in February 2014
 Inflation based on the consumer price index eased to a 25-month low last
month. The rate of inflation based on the combined consumer price index (CPI)
for urban and rural India eased to 8.1% in February 2014, from 8.79% in
January 2014
 The index of industrial production (IIP) rose 0.1% in January 2014, with the
index snapping a decline for last three sequential months
Corporate Announcements
• Sesa Sterlite (down 7.81%), Tata Steel (down 7.7%), Hindalco Industries (down
7.54%), GAIL (India) (down 4.14%), Axis Bank (down 3.62%) and Bharti Airtel
(down 2.09%), edged lower from the Sensex pack.
• HDFC Bank (up 2.86%), ITC (up 2.80%), ONGC (up 2.30%), Bhel (up 2.10%),
Reliance Industries (up 1.97%), Dr Reddy's Laboratories (up 1.82%) and Cipla
(up 1.29%), edged higher from the Sensex pack.
• Two-wheeler major Hero MotoCorp jumped 6.10%. It was the top Sensex gainer
last week. Bajaj Auto rose 0.63%
• Mahindra & Mahindra (M&M) rose 4.61%. The company said that the High
Court of Judicature at Bombay on 7 March 2014 has approved a Scheme of
Arrangement between Mahindra Trucks and Buses (MTBL), a wholly owned
subsidiary of the company and its shareholders and creditors and M&M [
• Car maker Maruti Suzuki India rose 0.07% . As per reports, a group of investors
of Maruti Suzuki India (MSIL) has ratcheted up pressure on India's top carmaker to
abandon a plan for its Japanese parent to build a new plant to make cars for the
Indian firm, saying it would hurt shareholders.
• Commercial vehicles major Tata Motors fell 3.84%
Corporate Announcements
• Tata Power jumped 5.05%. The company announced on 10 March 2014 that the
Committee for Rights Issue, at its meeting held on 8 March 2014 has decided to
issue 33.22 crore shares on rights basis at Rs 60 per share, which is proposed to
open on or prior to 31 March 2014.
• Larsen & Toubro (L&T) jumped 4.84%. L&T, the promoter of L&T Finance
Holdings, after market hours on Thursday, 13 March 2014, announced an Offer for
Sale (OFS) to sell 5.55 crore equity shares, constituting 3.23% of the equity share
capital of the company
• Shares of IT major Infosys plunged after the company's CEO and Managing
Director S.D. Shibulal on Wednesday, 12 March 2014, warned that the company's
sales growth for the current fiscal year may be near the lower end of its forecast as
some of its clients are tightening spending on technology. The stock fell 9.40%
• Other IT shares also declined. TCS (down 3.77%) and Wipro (down 3.27%), edged
lower.
• Sun Pharmaceutical Industries dropped 4.97% after the company said that the US
FDA issued an import alert for the company's cephalosporin facility located at
Karkhadi, Gujarat in India.
India MarketSummary fortheweekended 14-3-2014
Top Gainers and Losers of the week (NSE)
COMPANY
PRICE ON PRICE ON CHANGE
Mar 14, 2014
(Rs)
Mar 07, 2014
(Rs)
(%)
IDFC LIMITED 114.2 105.1 8.70%
BPCL 444.75 417.95 6.40%
KOTAK MAH. BANK 755.95 711.55 6.20%
HERO MOTOCORP 2,124.35 2,008.95 5.70%
INDUSIND BANK 468.15 444.1 5.40%
COMPANY
PRICE ON PRICE ON CHANGE
Mar 14, 2014
(Rs)
Mar 07, 2014
(Rs)
(%)
INFOSYS LTD 3394.15 3740.3 -9.30%
SESA STERLITE 171.5 186.3 -7.90%
TATA STEEL 341.7 371.1 -7.90%
HINDALCO 115.20 124.55 -7.50%
RANBAXY LAB 343.4 370.35 -7.30%
India MarketSummary fortheweekended 14-3-2014
II Forth coming week
Government policies / announcements
• Reserve Bank of India next undertakes monetary policy review on 1
April 2014
• The next major trigger for the stock market is the outcome of the
upcoming Lok Sabha elections
Economic data
• On the macro front, the government will unveil data on inflation based
on the consumer price index (agricultural labourers/rural labourers) for
February 2014 on 20 March 2014.
India MarketSummary fortheweekended 14-3-2014
Market outlook
 Investors will keenly track global markets next week to look for cues from
the outcome of the US Fed's next Federal Open Market Committee (FOMC)
meeting slated for 18–19 March 2014.
 Trend in investment by foreign institutional investors (FIIs), trend in other
global emerging markets, the movement of rupee against the dollar and
crude oil price movement will also hold key.
 The stock market will remain shut on Monday, 17 March 2014, on account
of Holi.
 The FOMC next undertakes monetary policy review on 18-19 March 2014.
After a monetary policy review, the FOMC on 29 January 2014 announced
it will reduce monthly bond purchases by another $10 billion to $65 billion.
 Fed's bond-buying program has been a source of liquidity for most Asian
and emerging markets over the past few years
 Back home, corporate advance tax data for the fourth and final instalment
will dictate the near term trend on the domestic bourses
We mentioned below the links of our other services, feel free to
contact us for any other services requirement.
• Our Services
• Click here to read more on our site
----------------------------------------------
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 14.3.2014

  • 1. India MarketSummary fortheweekended 14-3-2014 I Review of the Week Market review for the week ended 14 March 2014  The market declined last week on weak global cues.  Media reports that unseasonal heavy rain and hail storms have hit crops across the country over the last one week hit investor sentiment adversely.  Provisional data showing a decline of 3.67% in India's merchandise exports year-on-year in February 2014 also spoiled sentiment.  The market rose in three out of five trading sessions of the week.  Sensex fell 0.50% to 21,809.80 and Nifty fell 0.34% to 6,504.20 in the week ended 14 March 2014.  Among the 30 Sensex shares, 19 rose and the remaining shares fell
  • 2. India MarketSummaryfortheweekended 14-3-2014 Government Policies during the week  The economy can grow an annual 5.2% in the quarter to end-March on higher farm output growth, the chairman of the Prime Minister's Economic Advisory Council said on Friday, 14 March 2014 Economic data  India's inflation based on the wholesale price index (WPI) eased to a nine- month low of 4.68% in February 2014, from 5.05% in January 2014 and 7.28% during the corresponding month of the previous year  India's trade deficit narrowed to $8.13 billion in February 2014, from $14.12 billion in February 2013. Total imports declined 17.09% year-on-year at $33.81 billion in February 2014  Inflation based on the consumer price index eased to a 25-month low last month. The rate of inflation based on the combined consumer price index (CPI) for urban and rural India eased to 8.1% in February 2014, from 8.79% in January 2014  The index of industrial production (IIP) rose 0.1% in January 2014, with the index snapping a decline for last three sequential months
  • 3. Corporate Announcements • Sesa Sterlite (down 7.81%), Tata Steel (down 7.7%), Hindalco Industries (down 7.54%), GAIL (India) (down 4.14%), Axis Bank (down 3.62%) and Bharti Airtel (down 2.09%), edged lower from the Sensex pack. • HDFC Bank (up 2.86%), ITC (up 2.80%), ONGC (up 2.30%), Bhel (up 2.10%), Reliance Industries (up 1.97%), Dr Reddy's Laboratories (up 1.82%) and Cipla (up 1.29%), edged higher from the Sensex pack. • Two-wheeler major Hero MotoCorp jumped 6.10%. It was the top Sensex gainer last week. Bajaj Auto rose 0.63% • Mahindra & Mahindra (M&M) rose 4.61%. The company said that the High Court of Judicature at Bombay on 7 March 2014 has approved a Scheme of Arrangement between Mahindra Trucks and Buses (MTBL), a wholly owned subsidiary of the company and its shareholders and creditors and M&M [ • Car maker Maruti Suzuki India rose 0.07% . As per reports, a group of investors of Maruti Suzuki India (MSIL) has ratcheted up pressure on India's top carmaker to abandon a plan for its Japanese parent to build a new plant to make cars for the Indian firm, saying it would hurt shareholders. • Commercial vehicles major Tata Motors fell 3.84%
  • 4. Corporate Announcements • Tata Power jumped 5.05%. The company announced on 10 March 2014 that the Committee for Rights Issue, at its meeting held on 8 March 2014 has decided to issue 33.22 crore shares on rights basis at Rs 60 per share, which is proposed to open on or prior to 31 March 2014. • Larsen & Toubro (L&T) jumped 4.84%. L&T, the promoter of L&T Finance Holdings, after market hours on Thursday, 13 March 2014, announced an Offer for Sale (OFS) to sell 5.55 crore equity shares, constituting 3.23% of the equity share capital of the company • Shares of IT major Infosys plunged after the company's CEO and Managing Director S.D. Shibulal on Wednesday, 12 March 2014, warned that the company's sales growth for the current fiscal year may be near the lower end of its forecast as some of its clients are tightening spending on technology. The stock fell 9.40% • Other IT shares also declined. TCS (down 3.77%) and Wipro (down 3.27%), edged lower. • Sun Pharmaceutical Industries dropped 4.97% after the company said that the US FDA issued an import alert for the company's cephalosporin facility located at Karkhadi, Gujarat in India.
  • 5. India MarketSummary fortheweekended 14-3-2014 Top Gainers and Losers of the week (NSE) COMPANY PRICE ON PRICE ON CHANGE Mar 14, 2014 (Rs) Mar 07, 2014 (Rs) (%) IDFC LIMITED 114.2 105.1 8.70% BPCL 444.75 417.95 6.40% KOTAK MAH. BANK 755.95 711.55 6.20% HERO MOTOCORP 2,124.35 2,008.95 5.70% INDUSIND BANK 468.15 444.1 5.40% COMPANY PRICE ON PRICE ON CHANGE Mar 14, 2014 (Rs) Mar 07, 2014 (Rs) (%) INFOSYS LTD 3394.15 3740.3 -9.30% SESA STERLITE 171.5 186.3 -7.90% TATA STEEL 341.7 371.1 -7.90% HINDALCO 115.20 124.55 -7.50% RANBAXY LAB 343.4 370.35 -7.30%
  • 6. India MarketSummary fortheweekended 14-3-2014 II Forth coming week Government policies / announcements • Reserve Bank of India next undertakes monetary policy review on 1 April 2014 • The next major trigger for the stock market is the outcome of the upcoming Lok Sabha elections Economic data • On the macro front, the government will unveil data on inflation based on the consumer price index (agricultural labourers/rural labourers) for February 2014 on 20 March 2014.
  • 7. India MarketSummary fortheweekended 14-3-2014 Market outlook  Investors will keenly track global markets next week to look for cues from the outcome of the US Fed's next Federal Open Market Committee (FOMC) meeting slated for 18–19 March 2014.  Trend in investment by foreign institutional investors (FIIs), trend in other global emerging markets, the movement of rupee against the dollar and crude oil price movement will also hold key.  The stock market will remain shut on Monday, 17 March 2014, on account of Holi.  The FOMC next undertakes monetary policy review on 18-19 March 2014. After a monetary policy review, the FOMC on 29 January 2014 announced it will reduce monthly bond purchases by another $10 billion to $65 billion.  Fed's bond-buying program has been a source of liquidity for most Asian and emerging markets over the past few years  Back home, corporate advance tax data for the fourth and final instalment will dictate the near term trend on the domestic bourses
  • 8. We mentioned below the links of our other services, feel free to contact us for any other services requirement. • Our Services • Click here to read more on our site ---------------------------------------------- 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