| | | Index Performance | | Index | Sensex | Nifty | | Open | 12,484.64 | 3,611.30 | | High | 12,655.00 | 3,683.35 | | Low | 12,426.66 | 3,602.85 | | Today's Cls | 12,644.99 | 3,678.90 | | Prev Cls | 12,430.40 | 3,608.55 | | Change | 214.59 | 70.35 | | % Change | 1.73 | 1.95 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Nicholas Piramal | 248.10 | 7.22 | | Century Enka | 130.10 | 6.33 | | BHEL | 2,079.25 | 6.31 | | I-Flex | 1,983.35 | 6.05 | | Titan | 832.00 | 5.91 | | Losers | | Abbott India | 535.10 | -2.35 | | GSK Consumer | 522.00 | -2.22 | | Gujarat Gas | 1,302.65 | -2.21 | | ITC | 142.00 | -2.07 | | Hero Honda | 640.25 | -1.85 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,419 | 777 | | Declines | 1,110 | 539 | | Unchanged | 79 | 36 | | Volume(Nos) | 19.40cr | 25.69cr | | | | | | Market Commentary | | | Sensex ends buoyant above 12600 | | Buoyancy in heavyweight, technology, capital goods and energy stocks lifted the Sensex past the 12600 mark. | | The market sentiment remained upbeat for the entire session. Firm Asian indices saw the Sensex open with a positive gap of 55 points at 12485. | | | | However the market witnessed a bout of selling and the Sensex touched the day's low of 12427 in early trades. Steady to firm buying in communication, energy and technology stocks once again lifted the Sensex past the 12600 mark to an intra-day high of 12655. The Sensex ended the trading session at 12645, up 215 points. The Nifty gained 70 points and closed at 3679. | | | Movers & Shakers | - Diamond Cables rallied sharply after receiving orders for 1,400 kilometre of transmission conductors worth Rs44 crore.
- Parsvnath Developers moved up on launching Parsvnath City, a high-end residential township in Dharuhera, Haryana.
- ABG Shipyard gained on launching a pollution control vessel (PCV) for the Indian Coast Guard.
- Cadila Healthcare moved up on receiving three product approvals from the US FDA in quick succession.
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The breadth of the market was positive. Of the 2,608 stocks traded on the BSE, 1,419 stocks advanced, 1,110 stocks declined and 79 stocks ended unchanged. Among the sectoral indices the BSE PSU Index notched up gains of 2.62% at 5586 followed by the BSE Teck Index (up 2.23% at 3508), the BSE CG Index (up 2.09% at 8509) and the BSE CD Index (up 2% at 4546).
Barring a few counters, most of the heavyweights ended at higher levels. In the technology space i-flex Solutions soared 6% at Rs1,983, Reliance Communications rose 5.36% at Rs397 and Mphasis was up 1.07% at Rs292. Among the Sensex gainers BHEL surged 6.31% at Rs2,079, ONGC jumped 4.05% at Rs793, Gujarat Ambuja Cements added 3.52% at Rs107, Tata Motors gained 2.86% at Rs771, NTPC advanced 2.71% at Rs144 and HDFC Bank was up 2.48% at Rs927. ACC, Wipro, Bharti Airtel and HDFC gained over 2% each. However, ITC at Rs142, Hero Honda at Rs640, Hindalco at Rs129, Dr Reddy's at Rs678 and Tata Steel at Rs430 inched marginally lower. PSU stocks notched up significant gains during the day. Gail India surged 4.68% at Rs272, Bank of India added 4.34% at Rs143, Balmar Lawrie rose 4.28% at Rs430, MTNL jumped 3.90% at Rs148, Bharat Electricals advanced 3.45% at Rs1,460, HMT gained 2.68% at Rs73 and RCF was up 2.46% at Rs35. Over 44.97 lakh Idea Cellular shares changed hands on the BSE followed by Reliance Communications (25.88 lakh shares), ITC (24.87 lakh shares), Orchid Chemicals (10.83 lakh shares) and Parsvanath Developers (10.53 lakh shares). Value-wise Reliance Communications registered a turnover of Rs100 crore on the BSE followed by Reliance Industries (Rs53 crore), Idea Cellular (Rs42 crore), SBI (Rs40 crore) and Infosys (Rs35 crore). | | | | | | | | European Indices at 17:12 IST on 19-03-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6162.20 | 31.60 | 0.52 | | CAC 40 Index | 5419.23 | 37.07 | 0.69 | | DAX Index | 6639.25 | 59.38 | 0.90 | | | | | | | | | | | Asian Indices at close on 19-03-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17009.55 | 265.40 | 1.59 | | Hang Seng Index | 19266.74 | 313.24 | 1.65 | | Kospi Index | 1443.39 | 15.51 | 1.09 | | Straits Times Index | 3113.39 | 44.64 | 1.45 | | Jakarta Composite Index | 1777.89 | 1.53 | 0.09 | | | | | | | | | | | | “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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