| | | | Index Performance | | Index | Sensex | Nifty | | Open | 18,727.90 | 5,477.60 | | High | 18,832.49 | 5,577.90 | | Low | 18,317.17 | 5,419.40 | | Today's Cls | 18,512.91 | 5,496.15 | | Prev Cls | 18,492.84 | 5,473.70 | | Change | 20.07 | 22.45 | | % Change | 0.11 | 0.41 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | IndusInd Bank | 84.75 | 12.77 | | Novartis | 327.40 | 12.66 | | Pidilite | 181.75 | 10.39 | | Rolta India | 650.35 | 9.76 | | Suzlon Energy | 1,908.75 | 9.63 | | Losers | | Bank of India | 300.05 | -4.69 | | Essel Propack | 52.80 | -3.83 | | Indian Bank | 145.55 | -3.67 | | EIH | 126.60 | -3.62 | | GAIL | 393.70 | -3.56 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,556 | 632 | | Declines | 1,176 | 499 | | Unchanged | 53 | 34 | | Volume(Nos) | 40.52cr | 69.19cr | | | | | | Market Commentary | | | Indices close flat | | The Sensex swung 515 points during intra-day trades and closed with a marginal gain of 20 points. | | The market had a flat close as traders continued to book profits ahead of the expiry of October derivative contracts. After a cautious start at 18,728, above 235 points its | | | | previous close, the Sensex came under selling pressure and slipped into the red below the 18,300 mark amid weakness in several Asian indices to touch the day's low of 18,315, down 176 points. The market stabilised by afternoon and continued its northwards journey on healthy buying in heavyweights, consumer durables and metal stocks. The market remained choppy thereafter and moved in a range with a mixed bias. The strong optimism in frontline, metal, consumer durables, and capital good stocks saw the index breach the 18,800 mark and touch an intra-day high of 18,832, up 515 points from the day's low. However, profit bookings at the close saw the Sensex end the session with a marginal gain of 20 points at 18,513, while the Nifty added 22 points to close at 5,496.
The market breadth was positive. Of the 2,785 stocks traded on the Bombay Stock Exchange (BSE), 1,556 stocks advanced, 1,176 stocks declined and 53 stocks ended unchanged. Among the sectoral indices, the CD gained 2.98% while the BSE Metal index, the BSE Realty index and the BSE CG index were up over 2% each. While, the BSE Auto index, the BSE IT index, the BSE Oil & Gas index and the BSE Teck index were marginally down.
Among the heavyweights, Reliance Energy gained 8.58% at Rs1,654, SBI soared 5.25% at Rs1,908, Tata Steel surged 2.23% at Rs915, Hindalco moved up by 2.22% at Rs189, HDFC Bank scaled up 2.20% at Rs1,506, L&T was up 2.16% at Rs3,403, NTPC advanced by 1.82% at Rs221 and Cipla gained 1.71% at Rs197. However, ONGC slipped 3.18% at Rs1,108, followed by Tata Motors, which was down 2.70% at Rs775. Infosys slumped by 2.07% at Rs1,845, Bharti Airtel shed 1.89% at Rs986 and M&M lost 1.85% at Rs760.
Over 2.75 crore Himachal Futuristic Communication shares changed hands on the BSE followed by Reliance Natural Resources (2.15 crore shares), Reliance Petroleum (1.98 crore shares), Power Grid Corporation (1.61 crore shares) and Tata Teleservices (1.38 crore shares).
Reliance Energy was the most actively traded counter with a turnover of Rs594 crore on the BSE followed by Reliance Petroleum (Rs369 crore), Reliance Industries (Rs287 crore), Reliance Communication (Rs284 crore) and Power Grid Corporation (Rs225 crore). | | | | | | | | European Indices at 16:15 IST on 24-10-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6532.40 | 18.40 | 0.28 | | CAC 40 Index | 5706.14 | 1.09 | 0.02 | | DAX Index | 7836.15 | -6.64 | -0.08 | | | | | | | | | | | Asian Indices at close on 24-10-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16358.39 | -92.19 | -0.56 | | Hang Seng | 29333.53 | -43.33 | -0.15 | | Kospi Index | 1933.36 | -14.62 | -0.75 | | Straits Times | 3649.12 | -46.18 | -1.25 | | Jakarta Composite Index | 2524.98 | -28.82 | -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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