The benchmark BSE Sensex fell over 159 points in early trade on Monday on continued capital

outflows by foreign funds and selling by retail investors after industrial production growth slowed
to five-month low in August amid a weak trend overseas.
The 30-share barometer declined by 159.35 points, or 0.61%, to 26,138.03 with realty, metal,
auto, capital goods and banking stocks, leading the fall.
The index had plunged 339.90 points in the previous session on Friday.
On similar lines, the National Stock Exchange index Nifty moved down by 52.00 points, or
0.66%, to trade at 7,807.95.
Brokers said selling activity gathered momentum on disappointing economic data as the
country's industrial production growth slowed to five-month low of 0.4% in August.
Besides, a cautious approach by participants ahead of quarterly earnings of bluechip company
RIL, to be announced after market hours on Monday and a weak trend in other Asian markets,
influenced trading sentiments in Mumbai. Stocks of RIL were down 0.72% to Rs 953.40.
Among other Asian markets, Hong Kong's Hang Seng index was down by 0.89%, while Japan's
financial markets are closed today for a public holiday.
The US Dow Jones Industrial Average ended 0.69% lower in Friday's trade.
wo-wheeler maker Bajaj Auto will declare its second quarter (July-September) earnings on Tuesday. According to CNBC-
TV18 poll estimates, analysts expect profit after tax to increase 4 percent to Rs 870 crore during the quarter compared to Rs
837.1 crore in the year-ago period. Revenues are expected to jump 12 percent on yearly basis to Rs 5,790 crore from Rs
5,175 crore on higher volume growth. Operating profit during the same period may increase by 1.7 percent to Rs 1,150 crore
but margin may decline by 200 basis points to 19.8 percent in the quarter ended September 2014. Sales volumes surged
9.4 percent in July-September quarter to 10.5 lakh units Y-o-Y due to strong exports and Discover 150 launch. Analysts
believe superior product mix, currency benefits and operating leverage may aid margins during the quarter. Domestic sales
during the quarter declined 5 percent on yearly basis to 5.31 lakh units while exports grew by 29 percent to 5.19 lakh units.
Its 3-wheeler sales volumes rose 40 percent in September quarter and this segment's volume share in total volume has
risen to 14.8 percent in Q2 from 11.6 percent in the year-ago period while export share has gone up to 49 percent in Q2
from 41 percent during the same period. Thus, average selling price is expected to increase 5 percent sequentially due to
better product mix and better forex realisations. Analysts expect dollar realisation of 60.5 a dollar in Q2 versus 59.9 in
Q1FY15.

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