Dhaval P Vyas Investment Research

Today, the market opened positive but lost 0.60% for the day. Today, being the expiry day for December 2012 series, the market saw some increased volatility for the day – especially in the noon time.

Buying flowed into some Banking stocks while selling pressure was quite visible in Media, Power and IT stocks.

Major gainers for today were: Tata Motors, Bank of Baroda, State Bank of India and ONGC.

Major losers for today were: GAIL, Jindal Steel & Power, Sun Pharma and HCL Tech.

Today, the Indian equity market opened flat but lost 0.37% for the day. Selling pressure was seen for major part of the day. Buyers seemed to have gave-up at least from the short-term perspective.

Buying was seen in Metal, Auto, Banking and Media stocks. Selling was visible in FMCG, IT, Infra and Power stocks

Major gainers for today were: Hindalco, Sesagoa, Ranbaxy, Cipla, Grasim and Bajaj-Auto.

Major losers for today were: TCS, Bharat Petro, Bharti Airtel, HDFC Bank, Wipro, J P Associate.