|
| | Index Performance | | Index | Sensex | Nifty | | Open | 13,695.60 | 3,888.20 | | High | 13,744.17 | 3,934.00 | | Low | 13,416.40 | 3,828.15 | | Today's Cls | 13,731.09 | 3,928.75 | | Prev Cls | 13,614.52 | 3,888.65 | | Change | 116.57 | 40.10 | | % Change | 0.86 | 1.03 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Polaris Lab | 159.10 | 8.12 | | J&K Bank | 619.00 | 7.72 | | Lanco Infra | 261.70 | 6.82 | | Tata Power | 591.00 | 5.97 | | ONGC | 854.60 | 4.69 | | Losers | | Hinduja TMT | 564.15 | -4.45 | | Hindustan Zinc | 854.65 | -4.39 | | BHEL | 2,391.25 | -4.21 | | GMDC | 352.20 | -3.80 | | Parsvnath Developers | 444.65 | -3.56 |
| | Market Statistics | | - | BSE | NSE | | Advances | 1,320 | 595 | | Declines | 1,223 | 766 | | Unchanged | 74 | 22 | | Volume(Nos) | 18.71cr | 26.06cr | | | |
| | Market Commentary |
| | Market recoups lost ground in late buying | | Buying in oil & gas, pharma, banking and auto stocks saw the Sensex bounce back from lower levels and end on a higher note. | | The Sensex witnessed a steep fall of about 200 points in early trades and plunged to the day's low of 13416. The market trimmed its losses as the trading progressed and |
| | forayed for some time into positive territory in late morning trades before taking a dip on renewed selling pressure. However, the index shrugged off the bearish trend towards the close and surged to an intra-day high of 13744 on healthy buying in oil & gas, pharma, banking and auto stocks. The Sensex finally closed with gains of 117 points at 13731, while the Nifty gained 40 points to close at 3929.
The market breadth was positive. Of the 2,617 stocks traded on the BSE 1,320 stocks advanced, 1,223 stocks declined and 74 stocks ended unchanged. Among the sectorial indices the BSE Oil & Gas index surged 2.97% at 6151, the BSE Auto index jumped 1.03% at 5137, the BSE Health Care index added 1.01% at 3739 and the BSE Bankex was up 0.89% at 7057. However, the BSE CD index shed over 1%. | |
Several index heavyweights logged significant gains on fresh buying support. Among the major gainers ONGC soared 4.69% at Rs855, Ranbaxy surged 4.28% at Rs391, Tata Motors jumped 3.61% at Rs889, Wipro added 3.12% at Rs582, RIL gained 2.84% at Rs1,289, Hero Honda advanced 2.70% at Rs750 and TCS was up 2.22% at Rs1,182. Tata Steel at Rs467, ICICI Bank at Rs885, and Maruti at Rs920 were up 1% each. L&T, Grasim, HDFC Bank, Satyam, HDFC, SBI, Reliance Communication, Bharti Airtel and Dr Reddy's ended the day in positive territory. However, select counters came under selling pressure and ended in the red. BHEL tanked 4.21% at Rs2,391, NTPC declined 1.68% at Rs141, REL dropped 1.25% at Rs533, and Hindalco was down 1% at Rs176. Bajaj Auto, ACC, Infosys, Gujarat Ambuja Cements, ITC and Cipla ended with marginal losses.
Among the non-Sensex stocks oil & gas counters rallied sharply. GAIL soared 4.21% at Rs257 and Aban Offshore jumped 2.61% at Rs1,107. Essar Oil, IOC and BPCL were up around 1% each.
Over 54.50 lakh Tele Data shares changed hands on the BSE followed by LT Overseas (54.13 lakh shares), Zee Telefilms (34.47 lakh shares), Sterling Biotech (26.69 lakh shares) and Lanco Infra (26.55 lakh shares).
Value-wise i-flex registered a turnover of Rs128.66 crore on the BSE followed by Reliance Communication (Rs119.75 crore), SBI (Rs105.88 crore), RIL (Rs102.81 crore) and Tech Mahindra (Rs92.11 crore).
| | |
|
|
|
|
| European Indices at 16:08 IST on 18-12-2006 |
|
| | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6261.00 | 1.00 | 0.02 | | CAC 40 Index | 5539.43 | -2.19 | -0.04 | | DAX Index | 6604.41 | 15.58 | 0.24 | | |
|
|
|
|
|
|
|
| Asian Indices at close on 18-12-2006 |
|
| | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16962.11 | 47.80 | 0.28 | | Hang Seng Index | 19192.91 | 82.26 | 0.43 | | Kospi Index | 1433.23 | 11.36 | 0.80 | | Straits Times Index | 2963.44 | 32.15 | 1.10 | | Jakarta Composite Index | 1787.62 | -4.54 | -0.25 | | |
|
|
|
|
|
|
|
| | “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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com
| |
