1. India MarketSummary fortheweekended 6-6-2014
I Review of the Week
Market review for the week ended 6 June 2014
• Bulls are calling the shots on the bourses. Market surged last week as
foreign investors continued to mop up Indian stocks on expectations
the government will take steps for revival of the economy.
• The Reserve Bank of India's (RBI) decision to cut Statutory
Liquidity Ratio by 50 basis points for commercial banks boosted
sentiment.
• Signals from the Prime Minister's Office that the government is keen
to improve governance aided the rally on the bourses
• Indian stocks surged to record at on Friday, 6 June 2014, after the
European Central Bank on Thursday, 5 June 2014, cut its benchmark
interest rates to unprecedented lows, spurring speculation the
decision will accelerate capital inflows.
• Sensex and Nifty both, hit record high. Sensex jumped 4.86% to
settle at 25,396.46 I and Nifty jumped 4.88% to 7583.40 in the week
ended 6 June 2014.

2. India MarketSummaryfortheweekended 6-6-2014
Government Policies during the week
• The Reserve Bank of India kept its main lending rate viz. the repo rate unchanged at 8%
and also kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4% of net
demand and time liabilities
• The central bank announced reduction in the statutory liquidity ratio (SLR) of scheduled
commercial banks by 50 basis points to 22.5% of their NDTL from 23% with effect from
the fortnight beginning 14 June 2014.
Economic data
• India's gross domestic product (GDP) rose at steady pace of 4.6% in Q4 March 2014
same as in the previous quarter. The GDP growth rose to 4.7% in the fiscal year ended 31
March 2014 (FY 2014) from 4.5% in FY 2013, but remained below the advances
estimate of 4.9% released in February 2014.
• The Eight Core Industries, having a combined weight of 37.9% in the Index of Industrial
Production (IIP), recorded a 4.2% increase in output during April 2014
• Markit Economics said its seasonally adjusted HSBC India Composite Output index
edged up to 50.7 in May from 49.5 in April to 50.7 in May
• The headline HSBC Services Business Activity Index posted 50.2 in May, rising from
April's reading of 48.5 and pointing to the first expansion of output in 11 months

3. Corporate Announcements
• Metal and mining shares surged on hopes of pick up in demand as economy
recovers. Hindalco Industries up 14.35%, Jindal Steel & Power up 13.99%,
NMDC up 12.13% , Sesa Sterlite up 9.66%
• Tata Steel jumped on reports that the company is poised to re-start operations at its
captive iron ore mines in Odisha after receiving clearance from the Odisha state
government on renewal of mining leases.
• Shares of natural gas production companies surged on optimism Prime Minister
Narendra Modi will take a decision on raising natural gas prices by the end of this
month. Reliance Industries jumped 5.13% to Rs 1,119.85.
• ONGC jumped 22.67% Cairn India jumped 10.85%
• Shares of state-run oil marketing companies rose on speculation the government
will raise kerosene and LPG prices.
• BPCL jumped 20.33% Shares of state-run gas transmission and distribution major
GAIL (India) jumped 11.43%
• Punjab National Bank up 7.92%, Axis Bank up 7.5%, State Bank of India up
7.48%, Bank of Baroda up 7.22%, ICICI Bank up 4.46%, Kotak Mahindra
Bank up 4.08%, HDFC Bank up 2.62% and IndusInd Bank up 1.98%
•

4. India MarketSummary fortheweekended 6-6-2014
Top Gainers and Losers of the week (NSE)
COMPANY
PRICE ON PRICE ON CHANGE
Jun 6, 2014
(Rs)
May 30,
2014 (Rs)
(%)
ONGC 465.65 378.15 23.10%
BPCL 628.1 521.9 20.30%
TATA STEEL 560.65 475.1 18.00%
HERO MOTOCORP 2,682.75 2,345.85 14.40%
HINDALCO 169.25 148 14.40%
COMPANY
PRICE ON PRICE ON CHANGE
Jun 6, 2014
(Rs)
May 30,
2014 (Rs)
(%)
HCL TECH. 1,327.70 1,418.55 -6.40%
DR. REDDYS LAB 2,354.05 2,460.65 -4.30%
TCS 2,084.25 2,141.35 -2.70%
SUN PHARMA 599.65 610.65 -1.80%
ITC LTD 336.7 341.75 -1.50%

5. India MarketSummary fortheweekended 6-6-2014
II Forth coming week
Government policies / announcements
• The Reserve Bank of India (RBI) next undertakes monetary policy
review on 5 August 2014.
Economic data
• The government will unveil industrial production data for April 2014 on
Thursday, 12 June 2014
• The government is scheduled to announce data on inflation based on the
combined consumer price index (CPI) for rural and urban India for May
2014 on Thursday, 12 June 2014
• The government will announce data on inflation based on the wholesale
price index (WPI) for May 2014 on 16 June 2014
• US nonfarm payroll data for May 2014 which is due for release on
Friday, 6 June 2014.

6. India MarketSummary fortheweekended 6-6-2014
Market outlook
• The progress of the monsoon rains, macroeconomic data, trend
in investment by foreign institutional investors, trend in global
markets, trend in other global emerging markets, the movement
of rupee against the dollar and crude oil price movement will
dictate trend on the Indian bourses over near and medium term.
• Expectations from the new government are high and investors
will be keenly watching policy announcements from the
government to drive a turnaround in the investment cycle.
• Crude oil price movement will be in focus as a meeting of the
Organization of the Petroleum Exporting Countries (OPEC) is
scheduled on Wednesday, 11 June 2014. It remains to be seen if
the cartel keeps its oil production quota unchanged

7. 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
----------------------------------------------
• To achieve your financial success, we work with you closely
and friendly in a workable way.
• We structure your investment portfolio based on your
financial goal and manage in a prudent manner with capital
safety and aim to fetch a considerable tax free return around
15% p.a.
----------------------------------------------
• We also provide investment advisory services for managing the
investment portfolio (individual stocks, commodity, currency
investment, nifty futures, insurance and mutual fund investment)
on your own.