| | | | Index Performance | | Index | Sensex | Nifty | | Open | 20,009.35 | 5,931.90 | | High | 20,009.35 | 5,948.55 | | Low | 19,502.45 | 5,819.60 | | Today's Cls | 19,590.78 | 5,847.30 | | Prev Cls | 19,976.23 | 5,932.40 | | Change | -385.45 | -85.10 | | % Change | -1.93 | -1.43 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Fertilizers & Chemicals | 34.25 | 19.96 | | HMT | 70.00 | 14.94 | | Dredging Corporation | 1,054.95 | 10.00 | | National Fertilizers | 73.45 | 9.96 | | Engineers India | 988.60 | 9.35 | | Losers | | Finolex Cables | 75.05 | -6.07 | | Spice Tele | 49.95 | -5.75 | | Birla Corporation | 305.45 | -5.08 | | ONGC | 1299.05 | -4.91 | | Exide Industries | 70.20 | -4.81 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,433 | 565 | | Declines | 1,321 | 577 | | Unchanged | 58 | 27 | | Volume(Nos) | 48.40cr | 87.06cr | | | | | | Market Commentary | | | Market slumps on weak global cues | | Weakness in international markets coupled with profit bookings triggered a major sell-off and saw the Sensex shed 1.93% for the day. | | The market went into a correction mode and remained in the negative territory all through the session. Weak global markets | | | | and rising crude prices weighed on the sentiment. Despite resuming 33 points above its previous close, the Sensex went into a major correction mode on account of selling in heavyweights, banks, information technology, and oil stocks. The index slipped below 19,600 mark by afternoon and a strong bout of selling towards the close saw the Sensex touch the day's low of 19,502. However, select buying towards the close saw the Sensex pare some losses and end the session at 19,591, down 1.93% or 385 points, while the Nifty shed 85 points or 1.43% and closed at 5,847. | | | Movers & Shakers | - Punj Lloyd's surged after its subsidiary Sembawang Engineers and Constructors Pte Ltd received a major turnkey contract worth Rs1,770 crore.
- Larsen & Toubro slipped despite signing an agreement with Mitsubishi Heavy Industries for the manufacture of super-critical turbine and generator in India.
- Parsvnath Developers' closed in the red despite the subsidiary of the company signing a memorandum of Understanding (MoU) with the Madhya Pradesh government to provide facilities and incentives at the special economic zone (SEZ) being developed at Indore.
- Kilburn Engineering gained on receiving orders worth Rs15.26 crore from Aditya Birla Group.
- Apar Industries closed marginally down despite receiving an export order worth Rs122.50 crore from Ethiopian Electric Power Corporation.
| | | |
The market breadth was positive. Of the 2,812 stocks traded on the Bombay Stock Exchange (BSE), 1,433 stocks advanced, 1,321 stocks declined, and 58 stocks ended unchanged. Among the sectoral indices the BSE Bankex index shed 2.08% at 11,008, while the BSE Oil & Gas index declined 1.97% at 11,506. The BSE CD index and the BSE Realty were only gainers and moved up around 0.5%.
Select heavyweights declined sharply on strong selling pressure. ONGC tanked 4.91% at Rs1,299, ICICI Bank dropped 4.49% at Rs1,271, L&T fell 3.89% at Rs4,287, Infosys shed 2.72% at Rs1,856, Maruti Suzuki lost 2.53% at Rs995, ACC declined 2.36% at Rs1,008, ITC dipped 2.34% at Rs171 and HDFC Bank slumped by 2.32% at Rs1,718. Among the select gainers Bharti Airtel advanced by 5.29% at Rs942, Cipla added 1.84% at Rs177, while NTPC and Satyam Computer closed with marginal gains.
Over 7.96 crore Reliance Natural Resources shares changed hands on the BSE followed by Reliance Petroleum (3.17 crore shares), JP Hydro (1.69 crore shares), Tata Teleservices (1.54 crore shares) and NOCIL (1.10 crore shares).
Value-wise Reliance Natural Resources registered a turnover of Rs1,345 crore on the BSE followed by Reliance Petroleum (Rs868 crore), Reliance Industries (Rs440 crore), Reliance Energy (Rs299 crore) and L&T (Rs213 crore).
| | | | | | | | European Indices at 16:15 IST on 05-11-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6463.30 | -67.30 | -1.03 | | CAC 40 Index | 5669.67 | -50.75 | -0.89 | | DAX Index | 7793.27 | -56.22 | -0.72 | | | | | | | | | | | Asian Indices at close on 05-11-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16268.92 | -248.56 | -1.50 | | Hang Seng | 28942.32 | -1526.02 | -5.01 | | Kospi Index | 2015.76 | -3.58 | -0.18 | | Straits Times | 3670.18 | -45.14 | -1.21 | | Jakarta Composite Index | 2652.48 | -58.14 | -2.14 | | | | | | | | 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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