Sectoral stock market indices zoom

With most of the news and attention being concentrated on the big daddies of stock market indices, namely Sensex and Nifty, the rest of the indices did not let that disappoint them and they did not falter at all, barring a few, and they moved positively into higher altitude territory. Check out their weekly movement and also how they moved from the year 2005.

Sectoral Index Movement

The week remained positive for the overall market. Most of the sectoral indexes are on gain. The largest gainer among the sectoral index is Oil & Gas which almost gained 3.73 percent, is followed by Metal and Teck indices. The worst performer is FMCG index, which lost almost 1.88 percent in the week. Hindustan Unilever, a major member of the FMCG index, is planning a buyback operation.

For the auto index, from date 24/10/2005, the movement has been from 3545.45 to the present day 5,110.54. For Capital Goods, the movement from 4,431.73 to the present 13,256.11. For FMCG the same date figures are 1,340.91 to the current 1,845.06. For Infotech the figures are 3,001.94 to 4,868.81. For the Teck index the journey at 2,014.75 on 24/10/05 to present has produced the figure of 3,867.02. For Metal index from 5,390.86 points then, it has moved to 12,294.54. The oil&gas index has moved from 3,668.57 to today’s 8,159.67. Healthcare index has moved from 2,658.02 to 3,803.45.

Now check the latest weekly movement (from July 13 to July 20, 2007:

Sectoral Index	13-Jul-07	16-Jul-07	17-Jul-07	18-Jul-07	19-Jul-07	20-Jul-07	%Gain
Auto	5058.45	5080.79	5017.93	5051.9	5147.58	5125.21	1.319772
Bankex	8281.75	8386.65	8351.82	8371.91	8453.97	8394.76	1.364567
Capital Goods	13059.18	13007.01	12802.88	12675.13	12876.18	13070.08	0.083466
Consumer Durables	4180.19	4216.75	4239.75	4273.53	4271.42	4209.81	0.70858
Fmcg	1864.18	1846.03	1846.82	1835.66	1841.49	1829.19	-1.87696
Healthcare	3848.65	3814.8	3824.91	3825.55	3840.85	3830.19	-0.47965
Information Technology	4897.95	4848.27	4879.84	4885.34	4956.31	4921.06	0.47183
Metal	12000.9	12090.98	11868.44	11948.44	12032.98	12211.1	1.751535
Oil & Gas	7819.67	7869.77	7984.91	7937.15	8168.35	8111.54	3.73251
Psu	7098.97	7192.03	7113.3	7087.66	7145.72	7104.79	0.081984
Teck	3817.82	3812.8	3801.72	3824.63	3882.2	3884.46	1.745499

BSE Index	13-Jul-07	16-Jul-07	17-Jul-07	18-Jul-07	19-Jul-07	20-Jul-07	% Gain
Sensex	15272.72	15311.22	15289.82	15301.17	15550.13	15565.55	1.91734
Mid-Cap	6795.3	6834.55	6789.57	6776.19	6827.74	6836.07	0.599974
Small-Cap	8216.14	8280.58	8207.77	8184.11	8258.52	8188.12	-0.34104

Change in the different index

The week remained dominated by bulls. They have surprised the whole market almost twice in the week, in making jumps of more than 200 points up. But, this could not prevent SmallCap from losing almost 0.34 percent, which shows investors are more inclined towards the large cap and mid cap stocks.

Inflation

Wholesale price index or inflation is increasing from its position in the last two weeks. The increase in inflation rate is due to price increase in various food articles. The inflation for the week is 4.27 percent.

Currency

Rupee against dollar has appreciated in this week. Though dollar started depreciating in the opening days of the week but eventually the rally reversed. Rupee have appreciated against dollar, Yen and Euro but depreciated against British Pound. Though as of now rupee against dollar is hovering around Rs 40 to 41, on the back of higher foreign flow as portfolio investment or foreign direct investment, rupee may appreciate further.

Date	USD	GBP	EURO	100 YEN
20/07/2007	40.3300	82.6300	55.6500	33.0100
19/07/2007	40.3900	82.9300	55.7500	33.1300
18/07/2007	40.4000	82.9300	55.8100	33.2000
17/07/2007	40.3600	82.2300	55.6500	33.1300
16/07/2007	40.3700	82.1800	55.6700	33.1300

Source: RBI