| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,932.53 | 4,359.20 | | High | 14,963.26 | 4,378.55 | | Low | 14,731.22 | 4,311.80 | | Today's Cls | 14,861.89 | 4,353.95 | | Prev Cls | 14,880.24 | 4,359.30 | | Change | -18.35 | -5.35 | | % Change | -0.12 | -0.12 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Indian Bank | 141.35 | 7.53 | | Britannia Industries | 1,703.90 | 4.97 | | Castrol India | 275.50 | 3.47 | | TVS Motor | 62.60 | 3.39 | | Cummins India | 350.65 | 3.27 | | Losers | | Arvind Mills | 46.15 | -5.04 | | Bombay Dyeing | 589.50 | -4.92 | | HTMT Global | 505.50 | -4.42 | | Lanco Infra | 211.00 | -4.40 | | Parsvnath Developers | 361.90 | -4.35 | | | Market Statistics | | - | BSE | NSE | | Advances | 951 | 325 | | Declines | 1,627 | 760 | | Unchanged | 62 | 27 | | Volume(Nos) | 29.74cr | 43.06cr | | | | | | Market Commentary | | | Market overcomes early blues but drops 18 points | | The Sensex touched an all-time high of 14963 during the early morning session but slipped on profit bookings in heavyweights and IT stocks. | | Despite opening at record high level of 14933 the Sensex gave up its gains as selling across the board assured that the index remained in the red. | | | | The market opened firm tracking positive Asian markets and touched its new all-time high for the third consecutive session at 14963. However, strong bouts of selling in front-line and cement stocks dragged the Sensex to the negative territory by mid-morning trades. The index slipped further in the afternoon and touched the day's low of 14731. While the market remained subdued thereafter, the buying at lower levels helped the Sensex to pare most of its losses towards the close and wrap up the session at 14862, down 18 points. The broad based Nifty closed the session at 4354, down five points. | | | Movers & Shakers | - Sadbhav Engineering gained on the reports that the company and JMC Projects have received a project worth of Rs327.70 crore.
- Indus Fila surged on acquiring a 51% stake in Indus Garments for a consideration of Rs9.35 crore.
- Patels Airtemp tumbled despite securing orders worth Rs10.86 crore from Dreesser Rand (India) Ltd.
| | | |
The breadth of the market was negative, with the losers outpacing the gainers in the ratio of nearly 1.71:1 on the BSE. Of the 2,640 stocks traded on the BSE, 1,627 stocks declined, 951 stocks advanced and 62 stocks remained unchanged. The sectoral indices closed in the mix. The BSE IT index slipped 1.03% at 4792 followed by the BSE Teck index (down 0.78% at 3725) and the BSE HC index (down 0.66% at 3839). However, the BSE Auto index gained 0.92% at 4882, the BSE CD index added 0.52% at 4214 and the BSE CG index moved up by 0.37% at 12619.
Most of the index stocks slipped on heavy selling. Reliance Energy led the slump and fell 3.27% at Rs591. Among the other major laggards Ranbaxy tumbled by 2.07% at Rs360, HDFC dropped 1.93% at Rs1942, HDFC Bank slumped 1.65% at Rs1130, NTPC fell 1.64% at Rs153, Satyam Computers declined by 1.49% at Rs468 and Hindalco lost 1.15% at Rs155. The other major front-line stocks shed 1% each. However, few bucked the downtrend. ICICI bank surged 2.03% at Rs1005, Maruti Udyog added 1.77% at Rs805, Tata Steel moved up 1.74% at Rs627, L&T gained 1.73% at Rs2331 and Dr Reddy's Lab rose 1.46% at Rs673.
IT stocks lost significantly on relentless selling. Four Soft dropped 4.43% at Rs56, Teledata Informatics shed 4.07% at Rs64, Aptech tumbled by 3.76% at Rs306, Accel Frontline declined by 3.29% at Rs60 and Patni Computer slipped by 3.27% at Rs493.
Over 3.42 crore DLF shares changed hands on the BSE followed by IFCI (2.57 crore shares), Reliance Natural Resources (97.63 lakh shares), NTPC (45.65 lakh shares) and Bellary Steel (44.33 lakh shares).
Value-wise DLF registered a turnover of Rs1,905 crore on the BSE followed by Vishal Retail (Rs251 crore), Indiabulls Real Estate (Rs160 crore), IFCI (Rs155 crore) and ICICI Bank (Rs117crore).
| | | | | | | | European Indices at 16:30 IST on 05-07-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6665.90 | 7.20 | -0.11 | | CAC 40 Index | 6079.23 | -18.85 | -0.31 | | DAX Index | 8037.75 | -37.51 | -0.46 | | | | | | | | | | | Asian Indices at close on 05-07-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 18221.48 | 52.76 | 0.29 | | Hang Seng | 22252.99 | 34.44 | 0.16 | | Kospi Index | 1847.79 | 9.38 | 0.51 | | Straits Times | 3551.68 | -3.17 | -0.09 | | Jakarta Composite Index | 2220.93 | 24.83 | 1.13 | | | | | | | | 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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