Terrific Tuesday: Great Tuesday Rally sees January 2012 off to a great Start

February 1st, 2012 Comments Off on Terrific Tuesday: Great Tuesday Rally sees January 2012 off to a great Start

Tuesday the 31st of January was a great day in the Tuesday specials. The BSESENSEX gained a staggering 330.25 points while the NSENIFTY gained 111.95 points. The markets had lost considerable ground on Monday on global weakness and this kind of recovery the very next day seems a little unusual. However it upholds the theory of Terrific Tuesday. The SENSEX in 20 trading days had gained 1,779.06 points while on the four Tuesdays it had gained 1,292.54 points. Monday we saw a fall of 370 points and on Terrific Tuesday a rise of 330 points. Very clearly even God wanted to show that Tuesday is terrific. The net gain now on 5 Tuesdays is a staggering 1,622.79 points or 93.94% of the monthly gain of 1,738.63 points. The Nifty has gained 521.75 points or 90.75% of the monthly gain of 574.95 points.

SENSEX NIFTY
Close Prv day Gain Close Prv day Gain
3rd Jan 15939.36 15517.92 421.44 3rd Jan 4765.3 4636.75 128.55
10th Jan 16165.09 15814.72 350.37 10th Jan 4849.55 4742.8 106.75
17th Jan 16466.05 16189.36 276.69 17th Jan 4967.3 4873.9 93.4
24th Jan 16995.77 16751.73 244.04 24th Jan 5127.35 5046.25 81.1
31st Jan 17193.55 16863.3 330.25 31st Jan 5199.25 5087.3 111.95
Total Gain 1622.79 Total 521.75
Monthly 17193.55 15454.92 1738.63 Monthly 5199.25 4624.3 574.95
Tuesday gain as % of monthly 93.34 90.75

What next would be the question on everyone’s mind? There are three more occasions in the current calendar year 2012 where there would be 5 Tuesdays in a month. These are May, July and October. The theory is that in any month where there are five trading Tuesdays, that month is extremely volatile and the Tuesdays contribute significantly to the events during the month.

January has been a great month and “TERRIFIC TUESDAY” has been significant as demonstrated. Let us hope 2012 is a great year going forward and Tuesdays an investor delight.

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TUESDAY FACTOR: Great Day for markets

January 30th, 2012 Comments Off on TUESDAY FACTOR: Great Day for markets

It appears of the five days of the week that markets trade on. Tuesday seems to be a really special day. The current month of January 2011 would have 5 Tuesdays of which four have been traded. The net result is an amazing finding where 72.65% of the monthly gains were recorded on the four Tuesday’s put together. The month has seen trading for twenty days. Yet another way of looking at these numbers is 25% of the days contributed to 72.65% or 75% of the days contributed to 27.35% of the gains.

The NSENIFTY also played out similarly with 70.6% of the monthly gains coming on the 4 Tuesdays.

SENSEX NIFTY
Close Prv day Gain Close Prv day Gain
3rd Jan 15939.36 15517.92 421.44 3rd Jan 4765.3 4636.75 128.55
10th Jan 16165.09 15814.72 350.37 10th Jan 4849.55 4742.8 106.75
17th Jan 16466.05 16189.36 276.69 17th Jan 4967.3 4873.9 93.4
24th Jan 16995.77 16751.73 244.04 24th Jan 5127.35 5046.25 81.1
Total Gain   1292.54 Total 409.8
Monthly 17233.98 15454.92 1779.06 Monthly 5204.7 4624.3 580.4
Tuesday gain as % of monthly 72.65 70.61

The month of January 2012 has been really special as suddenly it appears all the problems of the country on fundamentals; economic and political have been resolved with the change of the year. India was the worst performing market in the year 2011 losing 24.64% on the SENSEX and 24.62% on thee NIFTY. With barely a month in the present year having been completed India is the best performing market of the world having gained 11.51% on the SENSEX and 12.55% on the NIFTY. If one were to look at it in another way the recovery in absolute numbers is 1779 points against a loss of 5054 points or 35.20% on the SENSEX, and 580 points of 1510 on the NIFTY or 38.43%.

The important thing to watch is whether Tuesday the 31st of January would be like a Super Tuesday or any other day. It sure would be interesting to watch how the remaining two days of the month play out.

Clearly it’s a great way to start the new year but whether the momentum is sustainable or not is a million dollar question.

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Performance of Newly Listed Shares as on 27th January 2012

January 30th, 2012 Comments Off on Performance of Newly Listed Shares as on 27th January 2012

These IPO’s were listed during the January March 2011 quarter

Name Date of Listing Issue Price closing  price closing price % gain loss  change over Lifetime   Fall from  Fall as % from
27th Jan 20th Jan over week  lssue price High high in Rs lifetime high
MOIL 15th Dec 2010 375.00 262.40 250.10 4.92 -30.03 591.05 -328.65 -87.64
SCI FPO 15th Dec 2010 140.00 68.35 59.30 15.26 -51.18 138.00 -69.65 -49.75
Claris Lifesciences 20th Dec 2010 228.00 125.10 114.50 9.26 -45.13 232.00 -106.90 -46.89
A2Z Maintenance Engg 23rd Dec 2010 400.00 127.35 108.85 17.00 -68.16 398.80 -271.45 -67.86
Ravikumar Distilleries 27th Dec 2010 64.00 15.95 15.50 2.90 -75.08 93.95 -78.00 -121.88
Punjab & Sind Bank 30th Dec 2010 120.00 71.70 67.80 5.75 -40.25 149.70 -78.00 -65.00
Shekawati Poly-yarn 12th Jan 2011 30.00 24.75 23.15 6.91 -17.50 69.00 -44.25 -147.50
C.Mahendra Exports 20th Jan 2011 110.00 146.45 142.00 3.13 33.14 342.00 -195.55 -177.77
Mid-valley Entertainment 27th Jan 2011 70.00 30.55 44.05 -30.65 -56.36 153.40 -122.85 -175.50
Tata Steel FPO 2nd Feb 2011 610.00 458.75 436.60 5.07 -24.80 661.00 -202.25 -33.16
Omkar Speciality Chemicals 10th Feb 2011 98.00 54.50 55.45 -1.71 -44.39 101.00 -46.50 -47.45
Acropetal Technologies 10th Mar 2011 90.00 14.13 13.59 3.97 -84.30 156.00 -141.87 -157.63
Sudar Garments 11th Mar 2011 77.00 66.60 66.85 -0.37 -13.51 138.50 -71.90 -93.38
Fineotex Chemicals 11th Mar 2011 72.00 57.65 55.00 4.82 -19.93 353.00 -295.35 -410.21
Lovable Lingerie 24th Mar 2011 205.00 382.95 376.10 1.82 86.80 636.50 -253.55 -123.68
PTC India Financial Services 30th Mar 2011 28.00 16.64 11.17 48.97 -40.57 28.00 -11.36   *  -40.57

* I have received lot of queries about the last column “fall as % from lifetime high” and the fact that it is more than 100%. The fact is that many of these poor fundamental shares have gone up sharply on the day of listing or for a brief period and then have fallen sharply. The base of all issues is the issue price and because a share cannot trade at negative value it can never fall more than 99%.

This column highlights the extent of fall from the lifetime high and depicts the same as a percentage of the issue price.

For example in the case of Birla Medspa the high is Rs 30.70 which is a gain of 307% on the issue price and the share has fallen below the issue price of Rs 10 to now trade at Rs 6.78. This translates into the loss of 239.20% from the lifetime high.

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