| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,720.00 | 4,315.05 | | High | 14,828.39 | 4,363.35 | | Low | 14,720.00 | 4,313.55 | | Today's Cls | 14,806.51 | 4,357.55 | | Prev Cls | 14,664.26 | 4,313.75 | | Change | 142.25 | 43.80 | | % Change | 0.97 | 1.02 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Parsvnath Developers | 377.45 | 8.54 | | Escorts | 120.50 | 7.69 | | Moser Baer | 500.70 | 5.36 | | STR Optical | 257.70 | 5.12 | | VSNL | 497.65 | 4.98 | | Losers | | Ingersoll | 320.00 | -3.12 | | Nicholas Piramal | 306.20 | -2.89 | | Welspun Gujarat | 232.95 | -2.14 | | Torrent Pharma | 248.10 | -1.84 | | GMDC | 859.45 | -1.84 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,440 | 611 | | Declines | 1,200 | 470 | | Unchanged | 75 | 24 | | Volume(Nos) | 30.25cr | 48.71cr | | | | | | Market Commentary | | | Sensex scales new peak | | The Sensex closed above 14800 mark for the first time on strong gains in banking, cement and communication stocks. | | The Sensex rose to an all-time high for a second consecutive session today, led by gains in telecom major Bharti Airtel, banking and FMCG stocks. | | | | The market resumed on a strong note backed by positive global cues and strong investor's appetite for heavyweights, banking, cement and communication stocks. The Sensex quickly breached the 14800 level in early trades and held on its gains. The relentless buying in front-line stocks towards the close helped the index to close at a record high of 14807, up 0.97 % or 142 points, after touching the all-time high of 14828. It had hit its previous peak of 14746 on Monday. The Nifty closed with the gains of 44 points or 1.02% at 4358 after touching its all-time high of 4363. | | | Movers & Shakers | - Ashok Leyland gained on entering into a JV with the Alteams Group, Finland to manufacture High Pressure Die Casting aluminum products.
- Glenmark Pharmaceuticals moved up on receiving a final approval from USFDA for Terbinafine Hydrochloride tablets.
- Diamond Cables hit the upper circuit on entering into an agreement to acquire a strategic stake in Apex group companies.
- Patni Computer closed with marginal gains after acquiring Europe-based Logan-Orviss International, a telecommunications consulting services company.
- Himatsingka Seide surged after completing the acquisition of an 80% stake in Divatex Home Fashions Inc. New York.
| | | |
The breadth of the market was positive. Of the 2,715 stocks traded on the BSE 1,440 stocks advanced, 1,200 stocks declined and 75 stocks ended unchanged. Except the BSE CD index all the sectoral indices ended in positive territory. The BSE Bankex ended firm with gains of 1.88% at 8141 while the BSE FMCG index rose 1.34% at 1848 and the BSE Teck index added 1.04% at 3774.
Action in several index heavyweights lifted the market. Bharti Airtel led the pack and shot up by 3.49% at Rs867. SBI soared 3.37% at Rs1,582, Grasim surged 3.21% at Rs2,703, HLL flared up by 2.96% at Rs195, Cipla jumped by 1.67% at Rs214, Maruti Udyog added 1.65% at Rs784, ICICI Bank advanced by 1.63% at Rs966 and Gujarat Ambuja moved up by 1.59% at Rs124. However, few index stocks came under sharp selling pressure. Reliance Energy at Rs614, HDFC at Rs1,998 and Bajaj Auto at Rs2,098 dropped over 1% each, while ONGC, TCS, Hindalco, Hero Honda, Ranbaxy and NTPC dropped marginally.
Banking stocks rallied sharply. Centurian Bank of Punjab shot up by 5.48% at Rs42, Bank of Baroda soared 3.23% at Rs275, PNB flared up by 2.84% at Rs543, UTI Bank added 2.69% at Rs623 and Union Bank was up 1.98% at Rs134.
Over 1.58 crore IFCI shares changed hands on the BSE followed by Reliance Natural Resources (1.23 crore shares), Himachal Futuristic Communications (1.22 crore shares), Nagarjuna Fertilizers (91.86 lakh shares) and Meghmani Organics (79.79 lakh shares).
Value-wise Indiabulls Real Estate registered a turnover of Rs158 crore on the BSE followed by SBI (Rs157 crore), Reliance Industries (Rs114 crore), Parsvnath Developers (Rs99 crore) and IFCI (Rs98 crore).
| | | | | | | | European Indices at 16:15 IST on 03-07-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6627.90 | 37.30 | 0.57 | | CAC 40 Index | 6075.60 | 48.65 | 0.81 | | DAX Index | 8048.69 | 90.45 | 1.14 | | | | | | | | | | | Asian Indices at close on 03-07-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 18149.90 | 3.60 | 0.02 | | Hang Seng | 22151.14 | 378.41 | 1.74 | | Kospi Index | 1805.50 | 34.15 | 1.93 | | Straits Times | 3569.43 | 19.09 | 0.54 | | Jakarta Composite Index | 2189.12 | 21.30 | 0.98 | | | | | | | | To know more about our products and services, click here. | | | | | | | “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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