| | | | Index Performance | | Index | Sensex | Nifty | | Open | 17,831.68 | 5,208.15 | | High | 17,979.18 | 5,248.55 | | Low | 17,708.80 | 5,164.50 | | Today's Cls | 17,773.36 | 5,185.85 | | Prev Cls | 17,777.14 | 5,208.65 | | Change | -3.78 | -22.80 | | % Change | -0.02 | -0.44 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | iGate Global | 240.75 | 10.01 | | Adani Enterprises | 705.90 | 9.26 | | L&T | 3,089.25 | 6.66 | | Ispat Industries | 31.90 | 6.33 | | Purvankara | 460.40 | 3.58 | | Losers | | JSW Steel | 851.75 | -6.58 | | Neyveli Lignite | 108.80 | -6.00 | | IDBI | 141.45 | -5.89 | | PFC | 207.90 | -5.82 | | NTPC | 214.45 | -5.28 | | | Market Statistics | | - | BSE | NSE | | Advances | 940 | 338 | | Declines | 1,825 | 801 | | Unchanged | 56 | 20 | | Volume(Nos) | 55.29cr | 64.84cr | | | | | | Market Commentary | | | Sensex ends flat amid sharp volatility | | The Sensex witnessed wild intra-day swings during the entire trading session and shed four points towards the close. | | After slipping around 70 points in yesterday's session, the market witnessed a strong relief rally in early trades led by across-the-board buying. | | | | However, the Sensex witnessed widespread selling as traders tried to book profits by mid morning trades, and the index touched the early low of 17,731. While the market fluctuated sharply thereafter, a firm bullish sentiment came in noon trades as strong buying in heavyweights, capital goods, oil and tech stocks spurred the index to an all-time high of 17,979. But, another round of selling towards the close in capital goods, banking and metal stocks saw the Sensex touch the day's low of 17,709. The Sensex gyrated 270 points during intra-day trades and finally ended the session with a marginal loss of four points at 17,773, whereas the Nifty slipped by 23 points at 5,186.
The market breadth was extremely negative. Of the 2,821 stocks traded on the Bombay Stock Exchange (BSE) 1,825 stocks declined, 940 stocks advanced and 56 stocks ended unchanged. With the exception of the BSE CG Index, the BSE Oil & Gas Index and the BSE Teck Index, all the other sectoral indices were down around 0.5-2% each. The BSE Bankex Index, the BSE CD Index and the BSE PSU Index lost over 2% each while the BSE FMCG Index, the BSE Metal Index and the BSE Realty Index declined by more than 1% each. | | | Movers & Shakers | - Aurobindo Pharma slipped despite receiving a certificate of GMP Clearance from the UK-MHRA for its Unit-XI at Andhra Pradesh.
- Hind Rectifiers jumped on signing an agreement with Infineon Technologies AG, Germany for manufacturing IGBT based primeSTACK.
- Aurionpro Solutions closed in the red despite signing a long-term offshore development contract with US based payment management solutions provider PaySimple.
- Micro Technologies closed with moderate gains on launching their new and innovative product, Micro SSS a security solution to retailers and shop owners.
| | | |
Selling was rampant in several index heavyweight stocks. NTPC triggered a major sell-off in the market and tumbled by 5.28% at Rs214. Among the other major losers, Hindalco dropped 3.70% at Rs169, Tata Steel declined by3.68% at Rs833, ITC lost 3.27% at Rs179, ACC shed 3.11% at Rs1,177, Tata Motors slumped by 2.85% at Rs776, ICICI Bank slipped by 2.31% at Rs1,037 and Reliance Energy dipped by 2.08% at Rs1,447. However, L&T managed to report gains and jumped by 6.66% at Rs3,089, Bharti Airtel advanced 3.32% at Rs993, BHEL added 2.96% at Rs2,154 and Reliance Industries gained 2.53% at Rs2,484.
Over 9.97 crore Power Grid Corporation shares changed hands on the BSE followed by Ispat Industries (5.29 crore shares), Himachal Futuristic communication (1.61 crore shares), IFCI (1.49 crore shares) and Nagarjuna Fertilisers (1.49 crore shares).
Power Grid Corporation was the most actively traded counter on the BSE with a turnover of Rs1,030 crore followed by Reliance Industries (Rs308 crore), Reliance Communication (Rs247 crore), Reliance Energy (Rs213 crore) and L&T (Rs208 crore).
| | | | | | | | European Indices at 16:15 IST on 05-10-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6565.10 | 17.20 | 0.26 | | CAC 40 Index | 2806.34 | 1.95 | 0.03 | | DAX Index | 7958.47 | 13.48 | 0.17 | | | | | | | | | | | Asian Indices at close on 05-10-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17065.04 | -27.45 | -0.16 | | Hang Seng | 27831.52 | 857.54 | 3.18 | | Kospi Index | 1996.03 | -7.57 | -0.38 | | Straits Times | 3822.62 | 38.81 | 1.03 | | Jakarta Composite Index | 2500.58 | 27.43 | 1.11 | | | | | | | | 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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