| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,296.06 | 4,498.65 | | High | 15,325.78 | 4,510.80 | | Low | 15,160.27 | 4,452.85 | | Today's Cls | 15,301.17 | 4,499.55 | | Prev Cls | 15,289.82 | 4,496.75 | | Change | 11.35 | 2.80 | | % Change | 0.07 | 0.06 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Finolex Cables | 98.80 | 6.98 | | DLF | 645.40 | 5.78 | | CESC | 500.00 | 4.80 | | Pidilite Industries | 155.35 | 4.72 | | Kotak Bank | 707.45 | 3.54 | | Losers | | Hexaware | 142.75 | -12.32 | | Polaris Lab | 140.30 | -6.03 | | Geometric Software | 111.05 | -5.73 | | Tata Tea | 782.45 | -4.72 | | LIC Housing Finance | 204.75 | -4.30 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,141 | 442 | | Declines | 1,490 | 656 | | Unchanged | 75 | 20 | | Volume(Nos) | 33.22cr | 48.31cr | | | | | | Market Commentary | | | Last minute buying lifts market | | After witnessing intra-day volatile moves, the markets finally ended at higher levels. | | While majority of the Asian markets took a sharp dip today, the domestic indices shrugged off the intra-day volatile moves and registered decent gains at close. | | | | Earlier, the Asian market’s fall was led by the Japanese Nikkei 225, which crashed by 1.14% or 207 points at 18,010, followed by the Hang Seng Index (down 0.42% or 97 points at 22,960) and the Jakarta Index (down 0.32% or 7.46 points at 2,293). | | | Movers & Shakers | - Lupin moved up on reports that the company has received the DCGI’s approval to conduct combined phase IIb/III clinical trials for its herbal Psoriasis NCE.
- Rajesh Export flared up on reports that the company has secured an export order worth Rs272 crore.
- DLF zoomed on reports that the company has bagged the Rs6,000-crore International Convention & Exhibition Center, Hotels & Allied Commercial Services Project at Dwarka, New Delhi.
- Videsh Sanchar Nigam, which announced that the company is launching Tata Indicom "Web Protect", ended higher.
- Nagarjuna Construction closed in the red despite securing two projects valued at Rs236 crore.
| | | |
Back in the domestic market, the Sensex moved six points up, above its previous close to open at 15,296 and advanced further to touch an intra-day high of 15,326 in the early trades. After displaying sideways movement for a while the Sensex drifted into the red. It tumbled sharply in the early noon trades to touch the day's low of 15,160, down 130 points from its last close.
The last hour of the trading session witnessed hectic activity, before selective buying saw the Sensex end in the green with a gain of 11 points at 15,301. The Nifty, too, after a mixed outing, moved up three points to close at 4,500.
However, the broader market was positive. Of the 2,706 stocks traded on the BSE, 1,490 stocks declined, 1,141 stocks advanced and 75 stocks ended unchanged.
The BSE Reality index led the surge in the sectoral indices and rose 1.62% at 8,078. The BSE CD index, the BSE Auto index, the BSE Teck index and the BSE Metal index were the other notable gainers while the BSE CG, the BSE FMCG index and the BSE Oil & Gas index ended weak.
Buying was led by Hindalco, which notched up gains of 3.22% at Rs184. Among the other gainers Bajaj Auto advanced 2.85% at Rs2,282, Bharti Airtel added 2.29% at Rs883, Grasim Industries moved up 2.09% at Rs2,915, ACC jumped by 2.03% at Rs1,133, RCOM gained 1.14% at Rs567 and TCS was up 1.09% at Rs1,164. However, L&T, ONGC, Reliance Energy, Satyam, ITC, Dr Reddy’s and HDFC were down 1% each.
A sharp rally was witnessed in realty stocks today. DLF soared 5.78% at Rs645, Akruti Nirman scaled up 4.34% at Rs539, Sobha Developers surged 2.71% at Rs930 and Mahindra Gesco moved up 2.50% at Rs558. Penland, Anant Rajin and Parsvanath also ended at a higher level.
Hectic buying was seen in pharma stocks as well. Zee News, Himachal Futuristic, Bharti Airtel, VSNL, HT Media, Idea Cell, Financial Technologies, IOL Broadband and Sasken Communication flared up 1-19% each.
Over 2 crore RNRL shares changed hands on the BSE followed by KS Oils (1.04 crore shares), Mangalore Chemical (90.30 lakh shares), IDBI (89.75 lakh shares) and IFCI (75.03 lakh shares).
Value-wise, DLF registered a turnover of Rs375 crore on the BSE followed by India Bulls Reality (Rs226 crore), GMR Infra (Rs165 crore), RIL (Rs126 crore) and Akruti Nirman (Rs125 crore). | | | | | | | | European Indices at 15:43 IST on 18-07-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6612.70 | -46.40 | -0.70 | | CAC 40 Index | 6042.66 | -56.55 | -0.93 | | DAX Index | 7924.75 | -113.46 | -1.41 | | | | | | | | | | | Asian Indices at close on 18-07-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 18015.58 | -206.69 | -1.11 | | Hang Seng Index | 22841.92 | -215.38 | -0.93 | | Kospi Index | 1930.70 | -18.81 | -0.96 | | Straits Times Index | 3583.97 | -67.08 | -1.84 | | Jakarta Composite Index | 2294.59 | -6.75 | -0.29 | | | | | | | | 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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