Sensex

Friday, April 13, 2007

$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated April 13, 2007

 


From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: Friday, April 13, 2007 5:08 PM
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 13, 2007

 
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April 13, 2007
Index Performance
Index

Sensex

Nifty
Open 13,163.02 3,830.35
High 13,421.05 3,924.55
Low 13,119.88 3,828.45
Today's Cls 13,384.08 3,917.35
Prev Cls 13,113.81 3,829.85
Change 270.27 87.50
% Change 2.06 2.28
 

Market Indicators
Top Movers (Group A)
Company Price 
(Rs)
%
chg

Gainers

Satyam Computers 481.55 7.95
Geometric Software 125.45 7.82
HCL Tech 308.05 7.30
Cummins India 290.15 7.01
Welspun Gujarat 124.40 6.78

Losers

iGate Global 360.20 -4.49
Micro Inks 337.25 -3.20
GMDC 475.70 -2.74
Apollo Hospitals 517.90 -2.71
National Fertilisers 28.10 -2.60
Market Statistics
- BSE NSE
Advances 1,560 948
Declines 988 458
Unchanged 86 38
Volume(Nos) 22.11cr

36.19cr

 Market Commentary 
Infosys numbers lift market
Strong quarterly numbers from Infosys and a drop in the inflation rate saw the Sensex notch up significant gains during the day.
Higher than expected growth numbers by Infosys and a significant drop in the inflation rate saw the market move up.    
The Sensex opened with a positive gap of 49 points at 13163. However, the market witnessed some profit taking and slipped to an intra-day low of 13120. The sustained buying in heavyweight, information technology and banking stocks pulled up the Sensex to the day's high of 13421. The mood remained buoyant throughout the entire session but selective profit booking at upper levels saw the market shed some gains in the afternoon. The Sensex ended the session at 13384, up 270 points. The Nifty closed at 3917, up 87 points.


The breadth of the market was positive. Of the 2,634 stocks traded on the BSE, 1,560 stocks advanced, 988 stocks declined and 86 stocks ended unchanged. Among the sectoral indices the BSE IT Index surged 3.94% at 5072 followed by the BSE Teck Index (up 3.19% at 3638), the BSE Auto Index (up 2.94% at 4818) and the BSE Bankex (up 2.62% at 6640).

Most of the Sensex stocks finished with gains. TCS surged 5.13% at Rs1,263, Wipro notched up gains of 5.11% at Rs568, Bajaj Auto added 4.03% at Rs2,444, SBI advanced 3.24% at Rs999, Hero Honda Motors gained 3.13% at Rs648, Tata Steel added 3.08% at Rs511, Reliance Communications advanced 3.08% at Rs422 and ACC was up 3.01% at Rs748. The other heavyweights were up 1-2% each. However, ITC shed 1.86% at Rs153 and NTPC slipped 1.56% at Rs157.

Among the information technology stocks HCL Technology surged 7.30% at Rs308, Tech Mahindra spurted 6.13% at Rs1,494, Patni Computers jumped 5.41% at Rs423, Financial Technologies added 3.34% at Rs1,991, Mphasis gained 2.09% at Rs289 and i-flex Solutions was up 1.87% at Rs2,240. 

Over 1.78 crore IFCI shares changed hands on the BSE followed by ICRA (1.24 crore shares), Petronet LNG (55.31 lakh shares), Idea Cellular (48.39 lakh shares) and Reliance Natural Resources (44.80 lakh shares).

ICRA registered a turnover of Rs875 crore on the BSE followed by Infosys (Rs283 crore), Tata Steel (Rs139 crore), Satyam Computers (Rs103 crore) and Tech Mahindra (Rs83 crore).

European Indices at 16:30 IST on 13-04-2007
Index Level Change (pts) Change (%)
FTSE 100 6434.50 18.10 0.28
CAC 40 Index 5761.99 13.05 0.23
DAX Index 7166.59 23.64 0.33
Asian Indices at close on 13-04-2007
Index Level Change (pts) Change (%)
Nikkei 225 17363.95 -176.47 -1.01
Hang Seng 20340.97 -39.24 -0.19
Kospi Index 1520.78 -4.83 -0.32
Straits Times Index 3373.59 0.90 0.03
Jakarta Composite Index 1941.15 10.76 0.56

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