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Tata Coffee June Analysis

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Submitted By alok1992
Words 1431
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1st June:
The Sensex closed below psychological mark of 16000 at 15965.16 down 253.37 points or 1.53%. The Nifty ends at 4841.60 down 82.65 points or 1.68%. The breadth of the market was negative with Advance Decline ratio at 1:2. About 836 shares advanced, 1820 shares declined, and 768 shares remain unchanged.
A slew of bad economic cues from across the globe didn't help Indian equities either. Reports of monsoon rains over India's mainland will be delayed by about four days also weighed on sentiment. A whole host of disappointing macro economic data including weak PMI data from many countries across the globe dragged the bourses down.
BSE FMCG was almost flat with a gain of 0.13%.
TATA Coffee closed at 839.85 losing 1.53% along with market sentiments. Volume of TATA Coffee was just 7978 as compared to the average volume of 61877.

8th June: Today, the BSE benchmark recovered 234 points from intraday low of 16,485.02, before closed up 69.82 points at 16,668.87. Meanwhile, the NSE benchmark rebounded from intraday low of 4,994.80, which ended up 18.70 points at 5,068.35. The BSE Sensex and NSE Nifty rebounded quite smartly in late trade on Friday that helped them to close higher in all sessions of the week. The market saw highest ever weekly absolute gains in 2012, with the Nifty rising 4.7% and the Sensex 5%.
Recovery in European markets and Indian rupee, and short covering helped the market to bounce back today. Looking at the sharp recovery, it seems that the market is closely watching big events that will happen next week: Industrial output data for April on June 12, inflation for May on June 14 while globally the Greece election on June 17.
BSE FMCG gained 6.65% along with market cues. FMCG majors ITC and HUL moved up over 1%.
TATA Coffee gained 6% closing at 2 months high of 901.3. Volume of TATA Coffee was 397572 as against average of 61877.There was a large amount of buying in TATA Coffee on this day which pulled the price up to 6%.

11th June:
Bulls were brought back to earth with a thud after rating agency Standard & Poor’s cautioned that India could lose its investment grade status because of its worsening economic fundamentals. If India does get downgraded, it would become the first BRIC nation to suffer this humiliation. Benchmark indices snapped a five-day winning streak, with the 30-share Sensex crashing 226 points from the day’s high to close at 16,668, down 50.86 points over its previous close. The 50-share Nifty closed at 5054.10, down 14.25 points over its previous close.
FIIs are betting on FMCG stocks because of defensive appeal and these stocks are performing well on earnings front. Another major reason for hike in FIIs ownership FMCG stocks was that these stocks are available at good price.BSE FMCG was seen flat with a nominal gain of 0.19%.
TATA Coffee saw a lot of profit booking making the price go down by 1.56% to 887.45.Also there was a bumper coffee produce in brazil making the price of coffee low in Futures. This also contributed to the fall in the price along with market cues.

14th June:
The BSE Sensex and NSE Nifty tanked more than 1% on Thursday as rising inflation for May diminished hopes of aggressive monetary easing, and weak European markets also added fuel to the fire. The BSE benchmark fell as much as 221 points intraday, before closing down 202.63 points at 16,677.88, which shot up more than 900 points in previous seven out of eight sessions. Meanwhile, the NSE benchmark slipped 66.70 points or 1.3% to 5,054.75.
Inflation for May rose to 7.55% as against 7.23% in previous month that certainly dampened hopes of aggressive rate-cut by the Reserve Bank of India in its mid-quarter policy review on June 18, say experts. However, experts still feel the RBI may surprise on Monday.
BSE FMCG index was down by 0.19%.FMCG stocks are holding on against the overall fall in the market.
TATA Coffee was down by a percent to 884.Volumes were seen at 41479 as against 61877. TATA Coffee is holding on the 880 mark. The price went down to 881 today but closed at 884.

20th June:
The BSE Sensex and NSE Nifty closed marginally higher amid consolidation on Wednesday, supported somewhat by positive Asian cues. But the broader markets outperformed benchmarks throughout the session. Indian equities stayed higher for the second consecutive session after a disappointment by the RBI in first session of this week. The BSE benchmark rose 36.83 points, to close at 16,896.63. The NSE benchmark gained 16.70 points at 5,120.55 after trading in a range of 5100-5140.
There was a fall in crude prices which will trigger FIIs buying.BSE FMCG index was down by 0.21% due to bad market sentiments.
TATA Coffee gained 2.55% even though BSE FMCG and SENSEX were almost trading flat mainly because of heavy buying of this stock.The volumes of TATA Coffee were as high as 458875 as against the average of 61877.

29th June:
Indian equity benchmarks closed at a two-month high on Friday as global markets rallied quite sharply after European leaders, on first day at European Summit, have agreed to take emergency action to bring down Italy's and Spain's spiraling borrowing.
Key benchmarks outperformed to global peers on hopes of some reforms or policy decision coming by in near term as Prime Minister Manmohan Singh took charge of Finance Ministry. he BSE benchmark gained 439.22 points (biggest closing gains in the year 2012) or 2.59% to close at 17,429.98 led by buying across sectors. Meanwhile, the NSE benchmark rose 129.75 points or 2.52% to 5,278.90.
BSE FMCG index also showed a gain of 2.08% due to strong fundamentals in the market.FMCG major ITC & HUL gained about 3.5% today.
TATA Coffee also gained a percent closing at months high of 936.20.In this month TATA Coffee has almost risen by 11.56% from 839.85 to 936.20.The company is performing good & the quarterly earnings are meeting the expectations most of the times.The company is on a bull rally since the past 10 days gaining almost 5%.

19th June:
The BSE Sensex and NSE Nifty closed higher amid rangebound trade on Tuesday, led by short covering and somewhat build up in long positions for ITC and Reliance Industries.The market rebounded quite nicely after a day of 244 points cut on the Sensex due to RBI's rate status quo. The NSE benchmark ended above the 5100 level at 5,103.85, a gain of 39.60 points over previous close. Meanwhile the BSE benchmark climbed 154 points to 16,859.80.
Shares of cigarettes to FMCG and hotels major ITC jumped 2.5% after reports that the company increased prices of select Sunfeast biscuits by 10%.BSE FMCG index rose by 1.55% because of these news.
TATA Coffee also performed well because of increase of prices by 10%.Also there was a lot of buying seen today due to which the shares rose by 1.88% to close at 906.After a long time TATA Coffee crossed the 900 mark today.

12th June:
The 30-share BSE Sensex gained as much as 226 points on Tuesday on expectations of further monetary easing by the Reserve Bank of India after a flat industrial output in April.The BSE benchmark rose 194.79 points or 1.17%, to close at 16,862.80, supported by 25 components. Meanwhile, the NSE benchmark ended above the 5,100 for the first time since May 7, 2012 that moved up 61.80 points or 1.22% to 5,115.90.
BSE FMCG index also rose up by 0.82% because of FMCG major HUL which performed very well today. Also market sentiments of expectation of rate cut contributed to the rise in the index.
TATA Coffee also performed well & rose up by 1.57% closing at 901.65. The reason for this rise in the share prices was due to the bullish market rally today. Also there was a large volume seen today as close to 356454 as against the average 61877.

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