| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,737.36 | 3,928.85 | | High | 13,748.62 | 3,931.90 | | Low | 13,237.39 | 3,783.45 | | Today's Cls | 13,382.01 | 3,832.00 | | Prev Cls | 13,731.09 | 3,928.75 | | Change | -349.08 | -96.75 | | % Change | -2.54 | -2.46 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Ramco Systems | 191.60 | 4.16 | | J&K Bank | 636.45 | 3.54 | | Nestle | 1,070.00 | 2.66 | | iGate Global | 263.00 | 2.27 | | Fertilisers & Chemicals | 22.80 | 2.24 | | Losers | | Crompton Greaves | 193.05 | -6.29 | | Century Textiles | 633.85 | -4.91 | | Adani Enterprises | 226.00 | -4.72 | | NTPC | 134.25 | -4.58 | | BHEL | 2,286.55 | -4.38 | | | Market Statistics | | - | BSE | NSE | | Advances | 925 | 428 | | Declines | 1,632 | 856 | | Unchanged | 62 | 22 | | Volume(Nos) | 21.03cr | 29.75cr | | | | | | Market Commentary | | | Sensex plummets 349 points | | After crashing 493 points in intra-day trades, the market closed at 13382 and shed 2.54% for the day. | | The market took a sharp dip after a positive open and continued moving down, as shares across sectors witnessed substantial selling pressure amid fears | | | that the government may follow the footsteps of Thailand to restrict the volatility caused by foreign financial investors. The session opened with a positive gap of five points at 13737 and saw considerable volatility through the day. The selling pressure in front-line stocks kept the consumer durables, tech, information technology and FMCG stocks in the red that dragged down the index to an intra-day low of 13237. The Sensex finally ended the session with losses of 2.54% and was down 349 points at 13382, while the Nifty tumbled 2.46% and was down 97 points at 3832.
The breadth of the market was extremely negative. Of the 2,619 stocks traded on the BSE, 1,632 stocks declined, 925 stocks advanced and 62 stocks ended unchanged. Among the sectoral indices the BSE CG index shed 3.28% at 8894 followed by the BSE IT index (down 3.02% at 5047), the BSE Teck index (down 2.76% at 3489) and the BSE FMCG index (down 2.34% at 1904).
Among the Sensex stocks, only Hero Honda managed to close in positive territory. NTPC tumbled 4.58% at Rs134, BHEL plunged 4.38% at Rs2,287, L&T slumped 3.81% at Rs1,416, Reliance Communication dropped 3.58% at Rs451, Satyam Computers shed 3.39% at Rs464, TCS lost 3.39% at Rs1,142 and ACC declined 3.36% at Rs1,018. The other front-line stocks were also down 2-3% each. However, Hero Honda was marginally up at Rs753. | | | | | | | | European Indices at 16:30 IST on 19-12-2006 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6213.30 | -34.10 | -0.55 | | CAC 40 Index | 5485.67 | -44.65 | -0.81 | | DAX Index | 6545.15 | -52.10 | -0.79 | | | | | | | | | | | Asian Indices at close on 19-12-2006 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16776.88 | -185.23 | -1.09 | | Hang Seng Index | 18964.55 | -228.36 | -1.19 | | Kospi Index | 1427.76 | -5.47 | -0.38 | | Straits Times Index | 2897.30 | -66.14 | -2.23 | | Jakarta Composite Index | 1736.67 | -50.95 | -2.85 | | | | | | | | | | | | “This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction.
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