| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,061.13 | 4,355.75 | | High | 15,235.51 | 4,428.10 | | Low | 15,061.13 | 4,355.75 | | Today's Cls | 15,138.40 | 4,401.55 | | Prev Cls | 14,985.70 | 4,356.35 | | Change | 152.70 | 45.20 | | % Change | 1.02 | 1.04 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Lanco Infra | 259.70 | 12.50 | | GMR Infra | 832.20 | 8.46 | | Aditya Birla Nuvo | 1,493.70 | 6.89 | | i-flex | 2,169.00 | 6.53 | | Exide Industries | 58.15 | 6.50 | | Losers | | iGate Global | 237.00 | -3.32 | | Sun TV | 378.50 | -2.41 | | JSW Steel | 679.80 | -2.02 | | CMC | 1,068.45 | -2.00 | | Jindal Steel | 3,990.00 | -1.69 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,538 | 719 | | Declines | 1,002 | 389 | | Unchanged | 68 | 30 | | Volume(Nos) | 24.52cr | 36.08cr | | | | | | Market Commentary | | | Sensex ends firm on lower inflation numbers | | After exhibiting considerable volatility during intra-day trades, the Sensex ended firm at 15,138, up 153 points. | | The market continued its winning trend for the second consecutive session. Today, the market opened 75 points higher tracking the positive global cues and remained | | | | above 15,200 level for the major part of the session. Sustained buying thereafter in capital goods, cement and banking stocks helped the Sensex touch the intra-day high of 15,236, up 250 points to its previous close. The index also received support from State Bank of India and ACC. The market remained firm in mid-session trades on lower inflation numbers as inflation declined to 4.36% during the week ended July 21 as compared with 4.41% for the previous week as some essential food items like pulses, fruits and eggs turned cheaper. However, the market slipped towards the close on profit bookings in select frontline stocks and ended the session at 15,138, up 153 points. The broad based Nifty closed the session at 4,402 by adding 45 points.
The market breadth was positive. Of the 2,608 stocks traded on the BSE, 1,538 stocks advanced, 1,002 stocks declined and 68 stocks ended unchanged. All the sectoral indices ended higher. The BSE Realty index gained 2.15%, followed by the BSE CD index (up 2.09%), the BSE PSU index (up 1.56%) and the BSE CG index (up 1.44%). | | | Movers & Shakers | - Era Constructions surged after bagging a contract from NTPC worth Rs136 crore.
- Steel Strips Wheels moved up on achieving highest ever production of 4.30 lakh wheel rims during July 2007.
- Apar Industries closed with marginal gains on bagging large export orders for aluminum conductors worth Rs111.50 crore.
- Punj Lloyd gained on signing a MoU with Ramprastha Group for the development of multi-storied residential housing in Ghaziabad.
- Accentia Technologies soared on receiving an order worth €2.1 million for its custom designed hospital process management suite.
| | | |
Among the heavyweights, SBI soared 2.72% at Rs1,636, NTPC advanced 2.34% at Rs166, HDFC added 2.24% at Rs1,989, ACC scaled up 2.06% at Rs1,003, Grasim rose 1.78% at Rs1,961 and Hindalco jumped 1.75% at Rs162. Tata Steel, Maruti Udyog, ICICI Bank and Bajaj Auto gained over 1% each. Among the laggards Ranbaxy dropped 1.40% at Rs366, Dr Reddy's Lab lost 1.28% at Rs623, Ambuja Cement, Bharti Airtel, Reiance Industries and HDFC Bank were marginally down.
Realty stocks registered strong gains. Indiabulls Real Estate surged 4.96% at Rs538, Peninsula Land advanced 3.94% at Rs441, Akruti Nirman gained 2.78% at Rs551 and DLF soared 2.66% at Rs602.
Over 2.66 crore IFCI shares changed hands on the BSE followed by Reliance Natural Resources (83.76 lakh shares), Simplex Projects (67.19 lakh shares), Reliance Petroleum (42.32 lakh shares) and Manglore Chemicals (38.30 lakh shares).
Reliance Industries was the most actively traded counter on the BSE with a turnover of Rs193 crore followed by Simplex Projects (Rs188 crore), IFCI (Rs158 crore), GMR Infrastructure (Rs154 crore) and Unitech (Rs146 crore).
| | | | | | | | European Indices at 16:20 IST on 03-08-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6276.00 | -24.30 | -0.39 | | CAC 40 Index | 5655.22 | -26.85 | -0.47 | | DAX Index | 7520.25 | -13.88 | -0.18 | | | | | | | | | | | Asian Indices at close on 03-08-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16979.86 | -4.25 | -0.03 | | Hang Seng | 22538.44 | 95.19 | 0.42 | | Kospi Index | 1876.80 | 23.73 | 1.28 | | Straits Times | 3436.04 | 0.58 | 0.02 | | Jakarta Composite Index | 2269.79 | -1.06 | -0.05 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees ("SHAREKHAN and affiliates") are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN." | To unsubscribe write to myaccount@sharekhan.com | |
No comments:
Post a Comment