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Post-market: Volatility ruled the day with markets in red for fifth day

The Indian equities remained highly volatile throughout the day and closed today's trading session in the red zone. The Sensex fell 95 points while the Nifty slipped 35 points in trade today

Major headlines
  • M&M Q3 net profit up 26% (YoY) 
  • Idea Cellular moves Delhi HC to oppose 3G roaming pacts 
  • MCX rises over 2% ahead of equity launch 
  • Sun Pharma posts 32% rise in Q3 consolidated net profit (YoY)  
  • Indian indices
    The Indian markets rang the opening bell admist lacklustre trades, traded in a tight range throughout the day and shut shop on a negative note. The Sensex swung between gains and losses to close the session on a negative note. Adding further, the Sensex fell for the seventh consecutive session to the lowest close this year
     
  • Movement of the Indian indices for the day:
  •  Indian shares started today's trading session in the negative zone but the pendulum kept swinging between the green and red zone. The sectors like IT, TECk, Capital Goods and Consumer Durables provided some support, while Metal, PSU, Realty, Auto, Oil & Gas and Healthcare added pressure. The major heavyweight gainers were L&T, HDFC Bank and TCS. The positive opening of the Europen indices does not have a major impact on the market sentiment.

    Following are the stocks/sectors which were in news
    Ambuja Cements fell after after company's net profit dropped 29.90% to Rs211.97 crore for the quarter ended December 31, 2012 (Q4). The stock closed 5.10% lower in trade

    Indiabulls Financial Services dipped after the company said that it plans to raise upto Rs450 crore via share sale. The stock closed 4.53% lower in tradeMulti Commodity Exchange of India (MCX) rose ahead of launch of its equity trading platform. The stock closed 0.82% higher in trade

    Market sentiment
    The market breadth stood in favor of advances. Of the 2959 stocks traded on the BSE, 763 (25.79%) rose, 1397 (47.21%) fell and 799 (27%) stocks remained unchanged.

    Sectoral & stock screening
    Among the 13 sectoral indices, nine sectors closed in red zone while remaining four sectors closed in green zone. Top Gainers: BSE IT up by 0.86%, BSE TECk rose by 0.69% and BSE Capital Goods surged by 0.48% and BSE Consumer Durables surged by 0.12%. Top Losers: BSE Metal down by 1.70%, BSE PSU fell by 1.23%, BSE Realty declined by 1.19% and BSE Auto slipped by 1.18%.

    Among 'A' group stocks, top three gainers were- Exide Industries rose by 6.01%, Essar Oil up by 5.35% and Strides Arcolab surged by 4.18%. Top three losers were- Ambuja Cements declined by 5.10%, Ashok Leyland down by 4.82% and Indiabulls Financial Services fell by 4.53
     
  • Global signals
    Asian stock markets were trading mostly higher on Friday with Australia gaining after an upbeat quarterly policy statement by the Reserve Bank of Australia.
    European shares rose on Friday, taking inspiration from overnight gains in Asia where an upbeat reading on Chinese trade numbers lifted sentiment.
    US stock index futures signaled a slightly higher opening at the Wall Street on Friday ahead of the Bureau of Economic Analysis' trade deficit report

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