| | | | Index Performance | | Index | Sensex | Nifty | | Open | 19,547.09 | 5,765.45 | | High | 19,619.44 | 5,878.80 | | Low | 19,446.68 | 5,754.60 | | Today's Cls | 19,603.41 | 5,865.00 | | Prev Cls | 19,363.19 | 5,762.75 | | Change | 240.22 | 102.25 | | % Change | 1.24 | 1.77 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Chambal Fertilisers | 69.70 | 11.52 | | Reliance Energy | 1,900.15 | 9.32 | | Tata Power | 1,262.85 | 7.72 | | RCF | 80.55 | 7.40 | | Wipro | 493.40 | 7.19 | | Losers | | HCL Tech | 310.20 | -3.14 | | GSK Consumers | 698.70 | -2.71 | | ICI India | 562.85 | -2.49 | | Hero Honda | 705.30 | -2.41 | | Wyeth | 467.45 | -2.09 | | | Market Statistics | | - | BSE | NSE | | Advances | 2,087 | 798 | | Declines | 709 | 316 | | Unchanged | 58 | 70 | | Volume(Nos) | 54.98cr | 86.06cr | | | | | | Market Commentary | | | Sensex rallies, despite mixed global cues | | The Sensex continued its upward bias for the third straight session and gained 243 points to close above 19,607. | | Despite getting mixed signals from Asian markets, the Sensex resumed on a positive note at 19,547, up 184 points. The undertone remained bullish for the | | | | entire trading session, with the Sensex crossing 19,550 mark in early trades and maintaining its upward bias thereafter. While market remained upbeat on strong buying in consumer durables, metal, oil and power stocks, the rally gathered momentum in the afternoon and the Sensex touched the day's high of 19,619. The Sensex finally ended the session with a gain of 240 points or 1.24% at 19,603. The Nifty rose 102 points or 1.77% to close at 5,865.
Among the sectoral indices, the CD index led the upsurge with a gain of 6.83% at 5,732 followed by the BSE Oil & Gas index (up 3.45% at 12,786), the BSE Power index (up 3.22% at 4,484) and the BSE Metal index (up 3.11% at 18,281). The market breadth was extremely positive with gainers outpacing the losers in the ratio of 2.85:1. Of the 2,854 stocks traded on the Bombay Stock Exchange (BSE) 2,087 stocks advanced, 709 stocks declined and 58 stocks ended unchanged. | | | Movers & Shakers | - Sintex Industries slipped despite acquiring Nero Plastics Inc, USA through its US subsidiary Wausaukee Composites mc.
- Patel Engineering gained on bagging an order worth Rs118.85 crore for double lake tapping and other civil works of Koyna Dam foot power house.
- Gujarat NRE Coke jumped on announcing an investment of Rs175 crore to install 20 windmills of 1500 kW each in Gujarat.
- Shakti Pumps closed in the red despite entering into an agreement with the Andhra Pradesh Government to supply energy efficient pumps.
- Sundram Fasteners closed marginally down despite starting commercial production its new manufacturing facility at Pantnagar, Uttarakhand.
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Out of the 30 Sensex stocks, 24 managed to end with gains while six stocks ended with losses. Reliance Energy was the leading gainer and soared 9.32% at Rs1,900. Wipro jumped 7.19% at Rs493, Reliance Communication shot up by 5.48% at Rs712, TCS advanced 3.85% at Rs1,053, Hindalco moved up by 3.37% at Rs192, BHEL added 3.02% at Rs2,761 and Reliance Industries gained 2.86% at Rs2,932. Among the laggards ICICI Bank dropped 1.64% at Rs1,165, Bharti Airtel shed 1.61% at Rs924, HDFC declined by 1.37% at Rs2,746, HDFC Bank fell 1.04% at Rs1,701, while HLL and Infosys slipped marginally at Rs206 and Rs1,600 respectively.
Over 5.88 crore IDFC shares changed hands on the BSE followed by IFCI (4.38 crore shares), Tata Teleservices (2.42 crore shares), Ispat Industries (2.41 crore shares) and Essar Oil (2.33 crore shares).
IDFC registered a turnover of Rs1,215 crore on the BSE followed by Essar Oil (Rs660 crore), IFCI (Rs459 crore), Reliance Petroleum (Rs371 crore) and Reliance Energy (Rs315 crore).
| | | | | | | | European Indices at 16:00 IST on 03-12-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6394.60 | -37.90 | -0.59 | | CAC 40 Index | 5648.49 | -22.08 | -0.39 | | DAX Index | 7867.89 | -2.63 | -0.03 | | | | | | | | Asian Indices at close on 03-12-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei | 15628.97 | -51.70 | -0.33 | | Hang Seng | 28658.42 | 14.81 | 0.05 | | Kospi Index | 1902.43 | -3.57 | -0.19 | | Straits Times | 3521.56 | 0.29 | 0.01 | | Jakarta Composite Index | 2726.93 | 38.59 | 1.44 | | | | | | | | 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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