| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,827.77 | 3,966.25 | | High | 13,980.54 | 4,016.65 | | Low | 13,797.44 | 3,964.95 | | Today's Cls | 13,942.24 | 4,007.40 | | Prev Cls | 13,786.91 | 3,966.40 | | Change | 155.33 | 41.00 | | % Change | 1.13 | 1.03 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | JB Chemicals | 97.45 | 8.28 | | GE Shipping | 212.75 | 6.27 | | M&M | 956.10 | 5.55 | | BEML | 1,071.15 | 5.44 | | Satyam Computer | 508.35 | 5.04 | | Losers | | D-Link India | 90.50 | -2.64 | | TVS Motors | 85.15 | -2.46 | | Micro Inks | 327.00 | -2.43 | | Hexaware | 195.05 | -2.30 | | Castrol India | 223.00 | -2.15 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,927 | 990 | | Declines | 656 | 376 | | Unchanged | 56 | 34 | | Volume(Nos) | 22.78cr | 27.66cr | | | | | | Market Commentary | | | Sensex inches closer to 14000 | | Extensive buying in heavyweight, auto and information technology stocks saw the Sensex close on a firm note at 13942. | The market showed no signs of cooling off and remained extremely bullish on
across-the-board buying support through the day. Spearheaded by the robust | | | gains in several heavyweights, the Sensex commenced firm above the 13900 mark and soon surpassed 13950. Maintaining its upward bias the Sensex notched up gains as buying in auto, information technology and consumer goods stocks lifted the index to an intra-day high of 13980. The Sensex finally signed off at 13942, up 155 points, while the Nifty rose 41 points to close at 4007.
The breadth of the market was extremely positive. Of the 2,634 stocks traded on the BSE, 1,927 stocks advanced, 656 stocks declined and 56 stocks ended unchanged. On the sectoral front, the BSE Auto index advanced 3.22% at 5696 followed by the BSE IT index (up 1.83% at 5369), the BSE Teck index (up 1.38% at 3701), the BSE CG index (up 1.16% at 9196) and the BSE CD index (up 1% at 3608). | | | Movers & Shakers | - Heritage Foods India hit the upper circuit on reports that the company has opened eight more Fresh@ stores in southern India with five stores in Hyderabad and three stores in Secunderabad.
- Praj Industries notched up significant gains on receipt of orders from Cilion, Missouri Valley Energy and Louisiana Green Fuels LLC, USA.
- McNally Bharat Engineering Company gained after receiving an order for the supply, erection and commissioning of two units from Utkal Alumina International.
- Maruti gained on a 40% rise in the December sales numbers of its Omni and Versa models.
- Thomas Cook India moved up on reports that the company has decided to divest its wholly-owned subsidiary Hindustan Cargo Ltd.
- Lupin slipped despite receiving a tentative approval from the US FDA for the abbreviated new drug application for Sertraline Hydrochloride tablets.
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Among the gainers Satyam surged 5.04% at Rs508, Bajaj Auto soared 4.58% at Rs2,739, Maruti advanced 4.52% at Rs969, Tata Motors jumped 3.29% at Rs929, Hero Honda added 2.86% at Rs784, TCS was up 2.46% at Rs1,249, Hindalco advanced 2.18% at Rs178 and Gujarat Ambuja added 2.05% at Rs144. Ranbaxy Laboratories, Grasim, Infosys , NTPC, Wipro, and L&T also ended with strong gains. However, Tata Steel, Dr Reddy’s, HDFC, Reliance Communication, HDFC Bank and HLL inched marginally lower.
Several auto and auto ancillary stocks clocked significant gains. Mahindra & Mahindra zoomed 5.55% at Rs956, Hind Motors added 1.91% at Rs35, Ashok Leyland advanced 1.76% at Rs46, Cummins gained 1.75% at Rs282, Escorts was up 1.30% at Rs113 and Bharat Forge added 1.12% at Rs367.
Over 1.95 crore Nissan Copper shares changed hands on the BSE followed by Silver Line (1.22 crore shares), IFCI (1.18 crore shares), Pentium (76.05 lakh shares) and India Bulls (51.28 lakh shares).
Bihar Caustic at Rs54.40, Flex Industries at Rs144.30, Wartsila India at Rs371.15, Hanil Era at Rs19.55, Carol Info at Rs56.65, Shaw Wallace at Rs150.40 and Orient Paper at Rs511.75 hit their upper circuits during the day.
| | | | | | | | European Indices at 16:51 IST on 02-01-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6288.80 | 68.00 | 1.09 | | CAC 40 Index | 5603.70 | 61.94 | 1.12 | | DAX Index | 6656.92 | 60.00 | 0.91 | | | | | | | | | | | Asian Indices at close on 02-01-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17225.83 | 0.00 | 0.00 | | Hang Seng Index | 20310.18 | 345.46 | 1.73 | | Kospi Index | 1435.26 | 0.80 | 0.06 | | Straits Times Index | 2985.83 | 0.00 | 0.00 | | Jakarta Composite Index | 1836.52 | 31.00 | 1.72 | | | | | | | | | | | | “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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