market pulse - 22nd april, 2013

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  • 7/28/2019 Market Pulse - 22nd April, 2013

    1/1

    Market Pulse 12th

    April

    Disclaimer: This document is for the personal information of the authorized

    or complete, and it should not be relied upon as such. No action is solicited

    person(s) in any form without prior written permission. The contents of

    Indian MarketsIndices Current W

    Perfo

    (

    Sensex 19016.46 4.

    Nifty 5783.10 4.

    Global MarketsIndices Current W

    Perfo

    (

    Dow Jones 14547.51 -2

    FTSE 6286.59 -1

    Nikkei 13316.00 -1

    Hang Seng 22013.57 -0

    Currency MovementCurrent W

    Ch

    (b

    USD/INR 53.97 -

    EUR/INR 70.50 -

    10 yr Bond YieldsCurrent

    (%)

    W

    Ch

    (b

    India 7.78

    US 1.93

    UK 1.66

    Japan 0.58

    Key CommoditiesCurrent W

    Perfo

    (

    Crude(Brent) (US$/bl)99.65

    -3

    Gold (US$/oz) 1395.3 -7

    Key Economic IndicatorsWPI Inflation (%)

    5.96CPI Inflation (%) 10.39

    Index of Industrial Production (%) 0.60

    GDP (quarterly (growth rate in %) 4.50

    Fiscal Deficit (Apr-Jan) ($bn) 93.20

    Trade Deficit ($ bn) 10.32

    Current A/c balance ($ bn) -32.63

    Current: 19th

    April, 2013

    19th

    April

    recipient. The document is based upon information that we consider reliable, bu

    on the basis of the contents of the document. The document should not be re

    his material are general and are neither comprehensive nor inclusive. All dis

    Indian Markets

    The wholesale price index going below the

    sentiment turner. The continued fall in cobring the inflation down in the coming mo

    may cut the rates in its next policy review

    rate-sensitive sectors rallied, helping the b

    by more than 4% last week.

    Country's 10-year bonds rallied for the fift

    yields dropping to the lowest since July 20

    and falling commodity prices are seen givi

    room to cut interest rates.

    The rupee strengthened with the underlyi

    bullish on the back of growing rate cut ho

    upcoming annual monetary policy on May

    domestic share market following the bett

    also aided sentiment.

    Last weeks rally was led by the banking se

    market watchers will be interested in the

    private sector banksHDFC Bank, ICICI Ba

    The other companies to declare results wil

    Tech Cement.

    The country's exports fell 1.8 per cent in t

    they were up for the third straight month

    relief to the record current account deficit

    The rout in commodities continued last wbiggest item in the import basket, went be

    Gold too crashed, taking its price below th

    imports raised hopes of getting the curren

    control.

    Global Markets

    World stocks rebounded on Friday but re

    worst week in almost a year after a sell-of

    economic growth concerns.

    The US markets edged higher on Friday as

    other companies lifted tech shares. For th

    2.1 per cent and the Nasdaq lost 2.7 per c

    Surprisingly weak Chinese and U.S. econo

    International Monetary Fund's decision to

    forecast, has hit commodities from gold to

    the recent rally in equity markets to a halt

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    produced or redistributed to any other

    putes shall be subject to the exclusive

    6% mark was a major

    modities is expected tonths, implying that the RBI

    meeting on 3rd

    May. The

    enchmark indices to gain

    h straight session, with

    10, as improving trade data

    g the central bank more

    g sentiment remaining

    es from the central bank's

    3. Sharp gains in the

    r-than-expected trade data

    ctor and therefore, the

    esults of the top three

    nk, Axis Bank, this week.

    l be Cairn India and Ultra

    e 2012/13 fiscal year, but

    in March, offering some

    .

    ek as well. Crude oil, thelow the $100/barrel mark.

    e $1400/ounce. The fall in

    t account deficit under

    ained on course for their

    triggered by global

    earnings from Google and

    week, the Dow slipped

    nt.

    ic data, on top of the

    trim its global growth

    oil this week and brought

    .