SNAPSHOT of IIP DATA
APR INDUSTRIAL GROWTH REVISED TO 6.2% Vs 7% EARLIER
APR-MAY IIP GROWTH AT 5% Vs 10.9% (YoY)
MAY IIP GROWTH AT 3.8% VS 10.6% (YoY)
MAY MANUFACTURING GROWTH AT 3.9% Vs 11.3% (YoY)
MAY MINING GROWTH AT 5.2% Vs 3.8% (YoY)
MAY ELECTRICITY GROWTH AT 2% Vs 9.4%
MAY BASIC GOODS (UP) 3% Vs 10.3% (YoY)
MAY CAP GOODS AT 2.5% Vs 22.4% (YOY)
MAY INTERMEDIATE GOODS GROWTH AT 1.2% Vs 8.8% (YoY)
MAY CONSUMER GOODS GROWTH AT 7.2% Vs 8.7% (YoY)
MAY CONS DURABLES GROWTH AT 4.4% Vs -0.7% (YoY)
MAY CONS NON DURABLES GROWTH AT 8.1% Vs 12.1% (YoY)
MAY FOOD PRODUCTS GROWTH AT -8.6% (YoY)
MAY WOOD & WOOD PRODUCTS GROWTH AT -30.7% (YoY)
MAY PETROLEUM & COAL PDTS GROWTH AT -10.4% (YoY)
MAY TEXTILES PRODUCTS GROWTH AT 4.8%; JUTE DOWN -9%
MAY TRANSPORT EQUIPMENT GROWTH (UP) 12.3% (YoY)
MAY LEATHER & LEATHER PRODUCTS GROWTH (UP) 7.6%
May TOBACCO & PRODUCTS (UP) 31.1%
INFLATION INTERNALS
PRIMARY ARTICLES (UP) 0.9%,VEGETABLE PRICES (UP) 3.7% (WoW)
ALL COMMODITIES (UP) 0.1% (WoW)
FUEL UNCHANGED, MFG PRODUCTS (UP) 0.4%
FOOD PRODUCTS UP 0.3%, TEXTILES UP 2.5%
CHEMICALS & CHEMICAL PDTS UP 1.2%, NON METALLIC PDTS UP 0.8%
MACHINERY & MACHINE TOOLS UP 0.1%
FOOD PDTS: COCONUT OIL UP 11%, RAPE & MUSTARD OIL UP 5%
FOOD PDTS: SOYABEAN OIL UP 4%, EDIBLE OIL UP 1%
PULSES (UP) 0.8%, FRUITS & VEGETABLES (UP) 2.4%
BASIC METALS, ALLOYS & METALPRODUCTS (DN) 0.8%, FERT (UP) 4.5%
IRON & STEEL (DN) 1.4%, PIPES & WIRES (DN) 0.8%
NON FERROUS METALS (DN) 0.1%
Market Snapshot
Markets slide post IIP nos; May IIP growth at 3.8% Vs 10.6% (YoY)
Sensex ends down 456 pts at 13470; Nifty down 113 pts at 4049
CNX Midcap Index down 2.3%; BSE Small Cap Index down 1.4%
IT Index down 6.5% post Infy results, Cap Goods down 5% post IIP Data
Infy down 7%%; BT revenues has fallen from 10.3% in 4Q to 7.9% of revenues, a decline of 18% QoQ
BSE IT Sector Index down 6.7%; TCS down 8%;Satyam down 7%; Infosys down 7%; Wipro down 4.5%; i-Flex Soln down 9.1%
BSE Cap goods Index down 5%; L&T down 7%, Punj Llyod down 6.4%; ABB down 6%; BHEL down 2.7%
Crude oil back above $145/bbl; BSE Oil and Gas Index down 2.1%;
ONGC down 3.8%; Reliance down 1.5%
OMCs: BPCL down 8.4%; IOC down 4.7%; HPCL 3.1%;
Index Losers: Reliance Infra down 6.4%; Tata Power down 6.4%; HDFC down 5.6%; Power Grid down 4.8%; Tata Steel down 4.7%
Metals Gain: Nalco up 5.5%; Sterlite up 1.5%; Hindalco up 1.3%
NSE Advance Decline at 1 : 3
Total F&O turnover at Rs 50150 cr Vs Rs 35645 cr
Total Market Turnover at Rs 67781 cr Vs Rs 51884 cr on Thursday
New Listing: Lotus Eye Care Lists At Rs 36 Vs Issue Price Of Rs 38; closes at Rs 35.65
F&O Snapshot
Nifty Futures discount ends at 20 pts; discount widens to 50 pts post IIP nos
Nifty futures add 48.5 lakh shares Vs 22 lakh shares pre IIP
Nifty Mini witness hectic activity; 4th highest turnover seen at Rs 6656 cr after RIL, Infy, Rel Cap
Unwidnig seen in momentum stocks like IFCI, Ispat, TTML, RNRL, JP Ass, IndusInd, Deccan Aviation
Fresh shorts seen in tech, cap goods
Nifty Put option sees unwinding; Nifty call option sees aggressive writing
Option Activity:Nifty 4100 call adds 6.1 lakh sharesNifty 4300 call adds 3.1 lakh sharesNifty 4000 put sheds 3.2 lakh sharesNifty 3900 put sheds 2.5 lakh shares
Short Build up:Infosys dn 7.6%; adds 8.6 lakh shares (witness 2nd highest turnover in F&O)
Satyam dn 6.5%; adds 5.4 lakh shares
L&T dn 7.5%; adds 3.8 lakh shares
BHEL dn 3.6%; adds 3.2 lakh shares
Punj Lloyd dn 7%; adds 8.3 lakh shares
Long Unwinding: Ispat dn 6.6%; sheds 15.3 lakh shares Indus Ind dn 6.3%; sheds 3.6 lakh shares
Source: moneycontrol.com
