| Return (%) | | 1 week | 1 month | 1 year |
| BSE Sensex | 6853.73 | 0.06 | 3.32 | 20.23 |
| S&P CNX Nifty | 2154.00 | 0.27 | 3.46 | 18.86 |
| BSE-100 | 3697.88 | 0.26 | 3.14 | 23.08 |
| BSE-200 | 922.03 | 0.40 | 3.41 | 24.07 |
| BSE-500 | 2906.85 | 0.49 | 3.39 | 27.69 |
| CNX Mid-cap 200 | 2917.15 | 1.55 | 4.79 | 77.19 |
| CNX Nifty Junior | 4621.55 | 1.58 | 5.45 | 36.88 |
| S&P CNX 500 | 1880.85 | 0.48 | 3.49 | 27.48 |
| FII Net inflows(Rs cr)* | 1310.00 | 3063.20 | 9232.30 | 45575.60 |
| MF Net inflows(Rs cr)* | -38.56 | 108.51 | 478.52 | -351.63 |
| BSE turnover(Rs cr)@ | 2690.85 | 2937.28 | 2560.91 | 2028.55 |
| NSE turnover(Rs cr)@ | 5370.87 | 5703.40 | 5159.36 | 4487.88 |
| Sensex P/E@ | 16.49 | 16.48 | 15.84 | 18.72 |
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| BSE-Auto | 2816.46 | -2.37 | -2.48 | 12.45 |
| BSE-Bankex | 4146.64 | 3.07 | 9.94 | 44.07 |
| BSE-Cap. Goods | 3416.45 | -2.40 | 7.15 | 49.59 |
| BSE-Cons Durable | 1587.35 | 2.89 | -1.44 | 62.14 |
| BSE-FMCG | 1084.89 | -2.57 | -2.03 | 10.31 |
| BSE-Healthcare | 2722.33 | 2.27 | 1.77 | 15.88 |
| BSE-IT Sector | 2702.63 | 0.02 | 3.31 | 50.1 |
| BSE-TECk | 1769.48 | -0.56 | 3.07 | 48.51 |
| CNX IT | 2945.85 | 0.11 | 2.58 | -85.64 |
| BSE-Metal | 6904.02 | 1.98 | 7.79 | 45.71 |
| BSE-Oil & Gas | 3288.7 | 1.68 | 3.92 | 2.83 |
| BSE-PSU | 4600.21 | 1.35 | 4.78 | 18.2 |
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| Nasdaq | 2041.6 | -1.25 | -1.69 | 2.87 |
| Dow Jones | 10774.36 | -0.35 | -0.2 | 5.22 |
| MSCI World | - | - | - | - |
| MSCI Emgerging Markets | - | - | - | - |
| MSCI Emerging Asia | - | - | - | - |
| Rs/$ | 43.57 | -0.3 | -0.55 | -3.73 |
| Brent Crude (spot)$/Bbl | 53.37 | 2.05 | 20.37 | 59.22 |
| * Figures for week, month and year are cumulative flows. @ Daily average turnover/Sensex P/E as on date, week-, month- and year-ago. |
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| Pharma scrip Ranbaxy contributed 10.21 points, followed by banking scrips SBI and HDFC Bank. FMCG major HLL proved to be the biggest drag on the index, declining 4.27 per cent to close at Rs 143.30. The stock shaved 11.76 points from the index. Tata Motors, Bharti Tele, ICICI Bank and Infosys were the other main losers. |
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| Banking stocks provided the fillip for much of last week with the BSE Bankex recording the maximum gains. The index rose 3.07 per cent to close at a life-time high of 4146.64. The rally in the sector was mostly led by PSU bank scrips. |
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| The stocks were up on positive sentiment following the Budget which allowed banks to issue preference shares to raise Tier 1 capital for meeting their capital adequacy norms. The BSE Consumer Durables Index and the BSE Healthcare Index were the other major gainers. Major pharma scrips also ended with gains. |
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| Inflation fears, high oil prices and a bigger-than-expected trade deficit weighed down the sentiment at Wall Street. The January trade deficit ballooned from a revised $55.7 billion in December to $58.3 billion, showing record highs for both exports and imports. |
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| As a result, the dollar fell against most major currencies. The Dow Jones industrials ended the week down 166.19 points at 10,774.36. The Nasdaq fell 29.01 during the week, closing Friday at 2,041.60. Even a bullish sales outlook from tech major Intel failed to lift the spirits at the bourses. |
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| What to expect this week |
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| Market players expect the Sensex to cross the 7,000 mark sooner than later. However, some profit-taking is expected at counters which have run up in the past few weeks. Analysts are advising caution this week with bulls showing signs of fatigue at higher levels. |
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| Shrinking trading volumes are also causing some apprehension among market watchers. With US interest showing signs of moving up, inflows into emerging markets are likely to drop off slightly. Stock of the week | Oriental Bank of Commerce | | Last week's close (Rs) | 365.80 | | Prev. week's close (Rs) | 328.30 | | Week's high (Rs) | 381.63 | | Week's low (Rs) | 330.00 | | Last week's ave. daily turnover (Rs cr) | 108.42 | | Prev. week's ave. daily turnover (Rs cr) | 29.07 | | Futures close | NT | | Number of up/down move | 4/1 |
| | | | Following the news of a public issue that Oriental Bank of Commerce is scheduled to announce, the stock ran up superbly at the bourses. The scrip registered a rise of 11.42 per cent amidst heavy buying at the counter. | | | | This is because of an arbitrage opportunity that exists since the issue is supposed to be much lower than the current market price - a discount of almost 21.6 per cent on the higher end of the price band (Rs 300). | | | | Volumes, too, surged a handsome 272 per cent at the bourses as players rushed in to buy the stock. Apart from this, the bank is also known for its sound fundamentals and clean balance sheet. And given the growth expected in the sector, OBC is all set to see further upsides. |
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