| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,969.45 | 4,007.70 | | High | 14,035.67 | 4,029.80 | | Low | 13,897.42 | 3,985.00 | | Today's Cls | 14,014.92 | 4,024.05 | | Prev Cls | 13,942.24 | 4,007.40 | | Change | 72.68 | 16.65 | | % Change | 0.52 | 0.42 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | IndusInd Bank | 55.70 | 14.85 | | Polaris Lab | 195.65 | 12.31 | | Pfizer | 828.75 | 7.83 | | iGate Global | 376.65 | 7.03 | | GTL | 157.15 | 6.61 | | Losers | | Ramco System | 214.40 | -3.42 | | MIRC Electronic | 19.50 | -3.23 | | Hindustan Zinc | 809.30 | -2.74 | | M&M | 933.95 | -2.32 | | HLL | 212.20 | -1.96 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,695 | 841 | | Declines | 947 | 558 | | Unchanged | 58 | 23 | | Volume(Nos) | 26.95cr | 33.55cr | | | | | | Market Commentary | | | Market surpasses 14000 | | The appreciation in several information technology counters propelled the index above the 14000 level. | | The Sensex touched an intra-day high of 14036 on the back of the gains of over 94 points in early trades. However the market lost some momentum and was range-bound with a | | | positive bias for the rest of the session. Profit taking in mid-session saw the index touch a low of 13898, down 44 points. The Sensex witnessed an intra-day swing of 138 points and closed with gains of 73 points at 14015. The Nifty advanced 17 points to close at 4024.
The breadth of the market was positive. Of the 2,700 stocks traded on the BSE, 1,697 stocks advanced, 944 stocks declined and 59 stocks ended unchanged. Barring the BSE FMCG index and the BSE Oil & Gas index, the remaining sectoral indices finished with gains. The BSE CD index gained 1.61% followed by the BSE IT index (up 1.52%), the BSE HC index (up 1.42%), the BSE Teck index (up 1.30%) and the BSE Auto index (up 0.46%).
Leading the rally Bajaj Auto surged 3.79% at Rs2,843, Ranbaxy soared 3.48% at Rs412, TCS advanced 2.62% at Rs1,281, Cipla added 2.50% at Rs258 and Infosys was up 1.77% at Rs2,313. Among the other gainers IndusInd Bank surged 14.85% at Rs56, Polaris soared 12.31% at Rs196, IGate Global advanced 7.03% at Rs377 and Pfizer rose 7.03% at Rs829. Welspun Gujarat, Sterlite Optical, Dabur India, Balaji Telefilms and Moser Bear advanced by 3-6% each. | | | Movers & Shakers | - Diamond Cables gained on receiving three orders worth Rs21.67 crore.
- IOL Broadband surged on reports that the company has tied up with BSNL for IPTV on its broadband network in Bangalore.
- MSK Projects India moved up on receiving orders worth Rs100.62 crore from HPCL and Kribhco.
- Flawless Diamond notched up gains on receipt of a repeat export order worth Rs35 crore from Brilliant Gems Inc, USA.
- GEI Hamon Industries zoomed on bagging an order worth Rs23 crore from Jaypee Associates.
- Larsen & Toubro gained marginally on securing an order valued at Rs418 crore from the Abu Dhabi Water & Electricity Authority.
- ORG Informatics registered substantial gains on acquiring a 100% stake in DGIT Solutions, Singapore, and announcing that two more acquisitions are in the pipeline.
- Zicom Consumer Service, the latest venture from Zicom Electronic Security Systems Ltd, slipped despite opening two outlets in Kolkata.
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Development Credit Bank was the most actively traded counter on the BSE with trades of over 1.04 crore shares followed by Pentium Infotech (87.46 lakh shares), Bellary Steel & Alloys (81.37 lakh shares), IFCI (45.75 lakh shares) and IndusInd Bank (39.21 lakh shares).
Several FMCG stocks rallied sharply on sustained buying support. Rajesh Exports soared 4.98% at Rs373, Goldiam surged 4.98% at Rs113, Titan Industries advanced 2.05% at Rs895, Blue Star added 1.33% at Rs194 and Videocon Industries gained 0.91% at Rs461.
Value-wise Satyam Computers registered a turnover of Rs103.56 crore on the BSE followed by HDFC (Rs67.71 crore), Reliance Industries (Rs62.55 crore) and Infosys (Rs52.21 crore).
| | | | | | | | European Indices at 16:18 IST on 03-01-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6303.90 | -7.00 | -0.11 | | CAC 40 Index | 5606.79 | -10.92 | -0.19 | | DAX Index | 6675.10 | -6.03 | -0.09 | | | | | | | | | | | Asian Indices at close on 03-01-2007 | | | | Index | Level | Change (pts) | Change (%) | | Hang Seng Index | 20413.39 | 103.21 | 0.51 | | Kospi Index | 1409.35 | -25.91 | -1.81 | | Straits Times Index | 3037.74 | 51.91 | 1.74 | | Jakarta Composite Index | 1834.71 | -1.81 | -0.10 | | | | | | | | | | | | “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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