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Sensex now The S&P BSE Healthcare index (up 1.

1%), the S&P BSE Consumer Durables index (down 0.54%), the S&P BSE Capital Goods index (down 0.87%), the S&P BSE FMCG index (down 0.93%), the S&P BSE Oil & Gas index (down 1.21%), the S&P BSE Power index (down 1.34%) and the S&P BSE Bankex index (down 1.35%) outperformed the Sensex. The BSE PSU (down 1.58%), the S&P BSE IT index (down 1.64%), the S&P BSE Teck index (down 1.69%), the S&P BSE Auto index (down 1.88%), the S&P BSE Realty index (down 2.09%) and the S&P BSE Metal index (down 3.06%) underperformed the Sensex. The total turnover on BSE amounted to Rs 1629 crore, lower than Rs 2685.58 crore on Friday, 31 January 2014. The market breadth, indicating the overall health of the market was negative. On BSE, 1,433 dropped and 1,097 shares rose. A total of 145 shares were unchanged. Among the 30-share Sensex pack, 25 stocks declined and rest of them rose. Index heavyweight and cigarette major ITC lost 1.26% to Rs 321. The stock hit a high of Rs 324.80 and low of Rs 320. Index heavyweight Reliance Industries fell 1.25% to Rs 820.50. The stock hit a high of Rs 829.40 and low of Rs 820. Metal stocks edged lower as China's Purchasing Managers' Index fell to a six-month low in January. China is the world's largest consumer of copper and aluminum. Sesa Sterlite (down 1.86%), Steel Authority of India (Sail) (down 3.67%), JSW Steel (down 7.43%), Hindustan Copper (down 1.62%), NMDC (down 2.83%), Bhushan Steel (down 1.33%), Hindustan Zinc (down 3.36%), National Aluminium Company (Nalco) (down 0.6%), Tata Steel (down 3.83%), and Hindalco Industries (down 5.86%) edged lower. Jindal Steel & Power shed 3.16%. The company after trading hours on Friday, 31 January 2014, said that the company has utilized more than 50% of the amount earmarked for share buyback as specified in the resolution passed by the Board of Directors at its meeting held on 30 August 2013, i.e., the minimum buy-back size of Rs 500 crore. Accordingly, a meeting of the duly authorized subcommittee of directors of the company is being convened on Tuesday, 4 February 2014, in order to consider, inter alia, determining the closing date of the buy-back offer of the company's equity shares, being a date earlier than the last date for the completion of buy-back offer mentioned in the announcement, i.e. 15 March 2014, Jindal Steel & Power said. Mahindra & Mahindra (M&M) declined 0.45% after the company reported weak auto sales in January 2014. M&M on Saturday, 1 February 2014, said its total auto sales declined 13.77% to 42,685 units in January 2014 over January 2013. Domestic sales declined 15.71% to 40,324 units in January 2014 over January 2013. Exports surged 42.05% to 2,361 units in January 2014 over January 2013.

The sales of Passenger Vehicles segment declined 25.46% to 19,792 units in January 2014 over January 2013. The four-wheeler commercial vehicle sales rose 4.49% to 15,100 units in January 2014 over January 2013. Three-wheeler sales declined 18.94% to 4,710 units in January 2014 over January 2013. Commenting on the monthly performance, Pravin Shah, Chief Executive, Automotive Division, M&M said, "The first month of 2014 did not witness any improvement in the overall industry performance and the situation remains subdued. The recent repo rate hike will in coming months escalate the rate of interest on car loans impacting consumer sentiment. We hope the upcoming Auto Expo which will showcase new products and technology, will provide a trigger in giving a much needed boost to the auto industry and overall sentiment". Separately, the company on Saturday, 1 February 2014, said its total tractor sales rose 15% to 20,109 units in January 2014 over January 2013. Domestic tractor sales rose 18% to 19,389 units in January 2014 over January 2013. Exports declined 33% to 720 units in January 2014 over January 2013. Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Tractor and Farm Mechanization, M&M said, "We have achieved a cumulative domestic growth till January 2014 of 23%. This is primarily due to a bumper Kharif crop and the anticipation of a good Rabi crop. We expect the good run to continue for the rest of the quarter". Maruti Suzuki India (MSIL) fell 1.43%. The company reported 10.3% decline in total sales at 102,416 vehicles in January 2014 over January 2013. Domestic sales declined 6.3% to 96,569 units in January 2014 over January 2013. Export sales declined 47.7% to 5,847 units in January 2014 over January 2013. The company unveiled January sales numbers on Saturday, 1 February 2014. Tata Motors lost 3.57%. The company on Saturday, 1 February 2014 said its total sales (including exports) in January 2014 stood at 40,481 vehicles. The company's domestic sales of Tata commercial and passenger vehicles for January 2014 were 36,657 units. The company's sales from exports were 3,824 units in January 2014. Ashok Leyland lost 3.04% after the company said its total sales declined 26% to 7,847 units in January 2014 over January 2013. The sales numbers were announced during trading hours today, 3 February 2014. Ashok Leyland's sales of medium & heavy commercial vehicles (M&HCV) declined 19% to 5,530 units in January 2014 over January 2013. Sales of light commercial vehicles (LCVs) dropped 37% to 2,317 units in January 2014 over January 2013. Bajaj Auto lost 3.8%. The company said during market hours that its total sales fell 8% to 3.18 lakh units in January 2014 over January 2013. Exports rose 7% to 1.37 lakh units in January 2014 over January 2013. Motorcycle sales declined 7% to 2.81 lakh units in January 2014 over January 2013. Commercial vehicles sales dropped 20% to 36,781 units in January 2014 over January 2013.

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