Markets at a glance

Return (%) 1 week1 month1 year BSE Sensex7423.252.094.2646.32 S&P CNX Nifty2265.62.43.7441.46 BSE-1003984.562.465.4847.18 BSE-200966.52.585.4846 BSE-5003095.32.776.3951.04 CNX Nifty Junior4889.653.269.8656.26 FII Net inflows (Rs cr)*299.11374.2761747509 MF Net inflows (Rs cr)*36.61142.05-1282.862687.11 BSE turnover (Rs cr)@2977.663139.943093.142165.64 NSE turnover (Rs cr)@5816.356033.046021.514572.81 Sensex P/E@16.1815.9515.7615.11   BSE-Auto3112.261.376.939.8 BSE-Bankex4315.812.98.667.75 BSE-Cap. Goods4050.163.0312.4283.86 BSE-Cons Durable2377.130.3221.06134.95 BSE-FMCG1291.24-2.035.3652.4 BSE-Healthcare2964.571.846.6332.96 BSE-IT Sector2828.73.52-1.5947.42 BSE-TECk1916.353.642.8250.01 CNX IT2984.953.15-1.5136.6 BSE-Metal5875.64.364.8543.02 BSE-Oil & Gas3493.783.022.6234.62 BSE-PSU4531.692.974.7539.81   Nasdaq2179.741.065.2717.88 Dow Jones10651.180.12.26.92 MSCI World1182.140.711.4715.03 MSCI Emgerging Markets596.122.284.1740.68 MSCI Emerging Asia255.432.543.2535.58 Rs/$43.48-0.09-0.18-6.13 Brent Crude (spot)$/Bbl56.02-1.990.242.33 * Figures for week, month and year are cumulative flows. @ Daily average turnover/Sensex P/E as on date, week-, month- and year-ago.  This translated to a 28.96 point addition to the overall index. IT stock, Satyam Stock was another big winner as it posted a 52-week high at Rs 532.79, up 10.79 per cent for the week.  The stock's gains translated to a 24.49 point addition to the index. ITC was the biggest loser last week. The stock lost 7.06 per cent to close at Rs 1643.50, shaving off 35.65 points from the Sensex. The only other Sensex declines were Hero Honda, Bajaj Auto, L&T and Tata Power.  The positive market sentiment reflected on the performance of sectoral indices, with most of them ending the week with gains. The BSE Metal Index (up 4.36 per cent) was the biggest gainer last week, backed up by gains in leading stocks like Tata Steel, Hindalco and SAIL.  The BSE TECk Index (up 3.64 per cent) was the next biggest gainer. The good performance of IT stocks, most notably Satyam along with Infosys, TCS and Wipro boosted the index's performance. The BSE FMCG Index (down 2.03 per cent) was the only one to end in negative territory. This was mainly due to the downsides in ITC.  US indices ended last week modest gains, despite disappointing earning forecast from Microsoft and Google. The Dow Jones ended the week up 10.35 points at 10,651.18, while the Nasdaq rose 22.96 points, to close at 2,179.74. The sentiment was kept in check by a surge in crude oil futures.  However, investor optimism remained high, buoyed by strong earnings reported by leading companies for the June quarter. This is the fourth consecutive week that the major US indices have closed higher. 
 

BULK DEALS
Date	Stock	Client	Deal Type	Quantity	Price (Rs)
18-Jul-05	Kajaria Ceramics	Birla Mutual Fund	Buy	77,600	219.5
18-Jul-05	Reliance Capital	Merrill Lynch Capital Markets	Sell	700000	406.35
18-Jul-05	Television 18	Fidelity	Buy	60000	379.41
19-Jul-05	Aban Lloyd Chiles Offshore	Citigroup	Sell	250000	450.01
19-Jul-05	Amtek India	Merrill Lynch Capital Markets	Buy	200000	383
19-Jul-05	Aptech Ltd.	Morgan Stanley & Co International	Buy	403000	92.7
19-Jul-05	Escorts India	UBS Securities Asia	Buy	384000	106.84
20-Jul-05	Deepak Fertilizers	Templeton Mutual Fund	Buy	687278	75.97
20-Jul-05	Kesoram Industries	Citigroup	Sell	245844	130.14
21-Jul-05	TASC Pharmaceuticals	Morgan Stanley & Co International	Buy	150000	261.5

 What to expect this week  Though markets continue to be optimistic about further upsides, some players are advocating caution, considering the big run-up in the past few sessions. Volatility is likely to set in ahead of the expiry of July 2005 derivatives contract this week.  Markets will be keenly watching the RBI's first quarterly review of monetary policy on Tuesday (July 26, 2005), which is expected to provide clarity on the interest rate direction.  The companies scheduled to announce their results this week include Reliance Industries, Maruti, Bharti Tele, Tata Steel, ONGC, SBI, Gujarat Ambuja and L&T.