BSE and NSE Down Today, Look BSE NSE Top Gainers and losers - 26 June 2014

BSE Down at 25,062.67, NSE Down at 7,493.20


NSE Nifty saw heavy selling pressure in late trade today on Thursday, the expiry day for June derivative contracts, closing tad below the 7500-mark weighed down by oil & gas and banks stocks. The market witnessed second highest turnover of Rs 6.83 lakh crore today with the NSE futures and options segment reporting turnover of Rs 4.28 lakh crore (second highest).
The index slipped 76.05 points or 1 percent to close at 7493.20 and the 30-share BSE Sensex was down 251.07 points or 0.99 percent to 25062.67 but the fall in broader markets was less compared to benchmarks.
The BSE Midcap and Smallcap indices declined 0.3 percent each.
It was a bad close for the market on expiry day, say experts, adding it may see further fall in near term.
However, they ruled out major correction ahead of Union Budget (on July 10).
Chris Roberts, MD, Asianomics finds this market quite stretched and feels a 5-10 percent correction will make it quite interesting.

BSE Top Gainers:

Wipro, Larsen, Dr Reddys Labs, Bharti Airtel, Axis Bank, BHEL, Sun Pharma, Maruti Suzuki, M&M, Bajaj Auto, 
Hero Motocorp, ITC

BSE Top Gainer Among All Stocks:

Wipro

Volume Traded : 120113 shares

BSE Top Losers:
ONGC, Reliance, NTPC, Coal India, HDFC, GAIL, HDFC Bank, SBI, Tata Motors, Tata Power, ICICI Bank, HUL, Tata Steel, Hindalco, Infosys, Sesa Sterlite, TCS, Cipla

BSE Top Loser Among All Stocks:

ONGC
Volume Traded : 1803297 shares

NSE Top Gainers:
Tech Mahindra, Larsen, Wipro, Dr Reddys Labs, HCL Tech, Axis Bank, Maruti Suzuki, 
Bajaj Auto, BHEL, Lupin, Bharti Airtel, Sun Pharma, Hero Motocorp, Power Grid Corp, ITC


NSE Top Gainer Among All Stocks:

Tech Mahindra

Volume Traded :  875510 shares

NSE Top Losers:
ONGC, Reliance, DLF, NTPC, Grasim, United Spirits, Coal India, Bank of Baroda,
BPCL, IndusInd Bank, Jindal Steel, Kotak Mahindra, HDFC, GAIL, IDFC, SBI, 
UltraTechCement, HDFC Bank, Cairn India, ACC, Ambuja Cements, Tata Power, ICICI Bank, Tata Motors, HUL, PNB, Tata Steel, Infosys, Hindalco, Sesa Sterlite, M&M, 
Asian Paints, Cipla, TCS, NMDC

NSE Top Loser Among All Stocks:

ONGC
Volume Traded : 17124120 shares

Film Star Aamir Khan Meeting with Our Prime Minister Mr. Narendra Modi on 23rd June 2013






Purpose of this meeting between Modi and Aamir Khan is not yet declared but it has been assumed that it was related to some polictical issues as Aamir Khan is also a part of politics through a television show "Satyamev Jayate"

Onion Price is Likely to Hit Rs.100/kg by Winter

Onion prices are poised to jump to Rs 100 per kg by October while potato rates may fall briefly but rise again despite government measures to boost supply by restricting exports, as hailstorms and unseasonal rain in the past, along with the weak start of the monsoon season has created scarcity and strong inflationary pressures.

















The onion price in Bangalore has gone up by nearly Rs. 10 a kilo in the wholesale market over the last fortnight and is likely to increase further, according to onion traders at the Agriculture Produce Marketing Committee (APMC). The retail price of good quality onion, which was in the range of Rs. 10 to Rs. 15 a kilo, is now above Rs. 25.

Onions, currently retailing for Rs 20-30 per kg in different parts of the country, are particularly vulnerable despite the imposition of a minimum export price (MEP) and official estimates that 2013-14 output would rise 14% to 192 lakh tonnes. This is because the rabi crop in Maharashtra and Madhya Pradesh has been extensively damaged by adverse weather, traders say, although there is no firm estimate of the loss. Further, the price of seeds has jumped 400% compared to the previous year as there is a big scarcity in the market. This will reduce the area under cultivation, traders said.

"The price can rise to Rs 100 per kg around October," said a leading industry official, who did not want to be quoted because of the political sensitivity of onion prices. Leading traders and an official of a government body agreed with the assessment.

Stock Market is Looking Smarter than the Bond Market

The president of Yardeni Research Inc. said a common worry was that the drop in bond yields may be a harbinger of a U.S. economic slowdown. This year’s rally in Treasuries is signaling caution even as benchmark U.S. stock indexes repeatedly set records and the percentage of bulls in Investors Intelligence’s survey reaches the highest level since January 2005.
The conventional wisdom, at least among fixed-income traders, is that the bond market is always smarter than the stock market when it comes to reading the tea leaves that show where the economy is headed. The smartest of stock traders usually agree with this, and that’s why they always keep at least one eye, or at least a few lines of algo code, focused on the bond market.
But here’s the thing about conventional wisdom: you hear about it the most when it’s wrong. Now settle down bond traders. Before you fire off a nasty e-mail with an Ivy League-caliber CV attached to it, consider a few of the tea leaves the stock market is throwing off these days:

Trucks, Trash

•Trucking, railroad and airline stocks are on fire. The DowJones Transportation Average of companies that ship all our stuff and people around is up 9.2 percent this year through yesterday, more than twice the S&p;P 500’s gain. Cowen & Co. raised its earnings estimates for railroads today, citing “robust” traffic growth of 7.5 percent in the first two months of the quarter.

•Check your trash. A growing economy creates more garbage. Wunderlich Securities’ “Dumpster Dive” report today includes a chart showing how solid-waste volume and gross domestic product are usually in such sweet harmony it rivals Hall & Oates’ “She’s Gone.” Per-week hours among trash haulers are near records and well above historical averages even as the number of collection employees is up 1.7 percent, Wunderlich said. It’s hard to imagine when the 10-year Treasury yield is below 3 percent, the report says, “but persistent 2 percent plus wage inflation, rising fuel and food prices have to work its way into rising inflation eventually, no?”

•Maybe it’s not the economy, stupid. The same economic concerns that drive investors to the safety of U.S. Treasuries have driven them out of European nations with shaky finances in recent years. Yet, Spanish and Italian 10-year yields reached record lows in anticipation of today’s rate cuts by the European Central Bank. Money has flowed into Treasuries because of those low European yields as well as unusual declines in China’s currency, according to LPL Financial strategist Jeff Kleintop, who rejects that bond and stock markets are in disagreement.


Anyway, some people have trouble remembering which one is Hall and which one is Oates. Daryl Hall is the tall, handsome, blond dude who does most of the singing. Oates is the shorter, swarthier guy with the mustache. Conventional wisdom is that the tall blonde is the mastermind, so bond traders probably think of themselves as the Daryl Hall of the markets. But the little guy sure can sing too.

Stock Market Today Closed on Negative Zone, See Major Gainers and Losers of BSE/NSE - 04-June-2014

BSE Down at 24,805.83, NSE Down at 7,402.25

BSE Top Gainers:

Hero Motocorp, Hindalco, Tata Steel, HUL, 
Bajaj Auto, SBI, Maruti Suzuki, Larsen, 
Axis Bank, NTPC, ICICI Bank, Cipla, 
BHEL, Tata Motors, GAIL, Tata Power

BSE Top Gainer Among All Stocks:

Hero Motocorp

Volume Traded : 35852 shares

BSE Top Losers:
TCS, ONGC, Bharti Airtel, Reliance, HDFC, M&M, HDFC Bank, Sesa Sterlite, ITC, Coal India, Infosys, Sun Pharma, Dr Reddys Labs, Wipro, GAIL

BSE Top Loser Among All Stocks:

TCS
Volume Traded : 82179 shares

NSE Top Gainers:
NMDC, IDFC, Hindalco, Hero Motocorp, PNB, Bank of Baroda, Tata Steel, HUL, Jindal Steel, 
Bajaj Auto, Maruti Suzuki, SBI, Axis Bank, Larsen, Lupin, ICICI Bank, UltraTechCement, 
Grasim, NTPC, Cipla, ACC, BPCL, Tata Motors, Tata Power

NSE Top Gainer Among All Stocks:

NMDC

Volume Traded :  12107396 shares

NSE Top Losers:
HCL Tech, TCS, Bharti Airtel, Reliance, ONGC, Kotak Mahindra, HDFC, Sun Pharma, Infosys, HDFC Bank, Sesa Sterlite, M&M, Dr Reddys Labs, Cairn India, Power Grid Corp, Tech Mahindra, Coal India, ITC, Ambuja Cements, Wipro, IndusInd Bank, DLF, United Spirits, GAIL, Asian Paints

NSE Top Loser Among All Stocks:

HCL Tech
Volume Traded : 1421146 shares