Tuesday, December 31, 2013
Sayonara to the last trading day of the year 2013. Today the Indian markets are expected to open on a strong note led by positive Asian cues. SGX Nifty is trading 26.50 points higher.
Adding further, Sensex and the Nifty are set to post their second consecutive annual gain this year, helped by continuous foreign investor buying
On Monday (December 30, 2013) Sensex closed at 21,143.01, down by 50.57 points, while the Nifty fell by 22.70 points to close at 6,291.10.
Asian shares edged higher on Tuesday (December 31, 2013), the last day of the year, with China on track to be Asia’s worst performing market in 2013.
US stocks ended mostly flat on Monday (December 30, 2013) following a strong rally over the past two-weeks, with weaker-than-forecast housing data and light trading volume keeping upward momentum in check.
European stocks took a breather on Monday (December 30, 2013) from the previous week’s rally, after closing at five-year highs on Friday.
Major Headlines of the day
SKS Micro securitises 4th tranche of loans worth Rs 55 cr.
Mallya buys more shares in UB Holdings.
Welspun sells stake in infra JV for $99 mn
Net inflow of Rs 404 crore on 27 December 2013
Foreign institutional investors (FIIs) bought shares worth a net Rs 404 crore on Friday, 27 December 2013, compared with net inflow of Rs 783.80 crore on Thursday, 26 December 2013.
The net inflow of Rs 404 crore on Friday, 27 December 2013, was a result of gross purchases Rs 1460.60 crore and gross sales Rs 1056.60 crore. There was a net inflow of Rs 295.10 crore into the secondary equity markets on Friday, 27 December 2013, which was a result of gross purchases of Rs 1351.60 crore and gross sales of Rs 1056.50 crore. The S&P BSE Sensex had garnered 118.99 points or 0.56% to settle at 21,193.58 on that day, its highest closing level since 10 December 2013.
There was a net inflow of Rs 108.90 crore into the category 'primary market others' on Friday, 27 December 2013, which was a result of gross purchases of Rs 109 crore and gross sales of Rs 0.10 crore.
FIIs have purchased shares worth a net Rs 15956.90 crore in this month so far (till 27 December 2013). FIIs purchased shares worth a net Rs 8116.10 crore in November 2013.
FIIs have purchased shares worth a net Rs 113006.90 crore in 2013 so far (till 27 December 2013). FIIs bought shares worth a net Rs 128359.80 crore in calendar 2012.
There are a total of 1,740 foreign funds registered with the Securities & Exchange Board of India.
Natural gas gains on cold weather
Crude oil futures settled below $100 a barrel on Monday, 30 December 2013 at Nymex but remained near a two-month high after data at the end of last week showed a further drop in U.S. crude supplies.
February crude oil fell $1.03, or 1%, to settle at $99.29 a barrel on the New York Mercantile Exchange.
Trading is likely to remain thin with many investors still on holiday. Monday's only piece of major economic data did little to shift prices.
Today's economic data at Wall Street was limited to November Pending Home Sales, which ticked up 0.2% while the consensus expected an increase of 1.5%.
Natural gas posted gains on colder weather. At the end of pit trading, February natural gas rose 7 cents to $4.43/MMBtu.
Among other energy products, January gasoline slipped nearly 3 cents, or 1%, to settle at just under $2.79 a gallon.