Sector summary for weekend 4th June.

We have the FINANCIAL sector leading the pack with a 2.64% gain on its index closely followed by CONSUMER SERVICES at 2.56% and TECHNOLOGY with a 2.54% gains.

Public sector Banks, Leasing and Hire purchase along with Investment banking Industries were leaders in the FINANCIAL Sector. SBIN, RELCAPITAL & IDFC had strong performances to lift up this Index to the top with a 5% jump in their prices.

CONSUMER SERVICES Sector had the Food Produce and the Media Industry doing well with an above 4% gain on their Index values. JAGRAN & TV-18 gave above 10% gains followed by ZEEL with a 5% gain on its value. Hotels Industry group was weak this week.

On the TECHNOLOGY sector it was the stunning performance of the Computer software training Industry's 10.80% gain on its index that gave the real push to this Index. EDUCOMP had an above 14% gain followed by APTECH with a gain of above 8%. On the computer software Industry segment PATNI has given a robust performance with a 8% gain on its value. Apart from PATNI which is bullish yet, both the education stocks are moving up to value zone, which will offer a good opportunity to short.

The weakest sector this week was the BASIC MATERIALS Sector, whole of the metals pack is dragging this index down. A serious point to note here: Monday session is going to register further high level volatility on the bearish side in the Metal segment. Steel is the weakest here followed by Aluminum. Pig and Sponge Iron stocks have been belted out badly.

A brightly shining star in the BASIC
MATERIAL sector is the Fertilizer industry which has recorded 5% gain on its index. With monsoon thunders roaring all around in the right time, agri-businesses will witness tremendous growth potential. The prominent stocks here like COROMANDEL, ZUARI etc., are sky rocketing into a strong bullish trend. Good monsoon means more agricultural produces will hit the markets in the future; this in turn is a relief to our wallets. The zooming vegetable prices will drop down to a considerable extent.

World Environment day is being celebrated by the UN today let us all make oath that we will make the planet which we live in shall be made more green in whatever way possible. There are various ways in which each person can contribute. One simple way is 'PLANT A TREE'.