| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,343.57 | 3,876.75 | | High | 13,386.95 | 3,901.75 | | Low | 13,196.90 | 3,850.80 | | Today's Cls | 13,285.93 | 3,861.05 | | Prev Cls | 13,308.03 | 3,875.90 | | Change | -22.10 | -14.85 | | % Change | -0.17 | -0.38 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Corporation Bank | 292.25 | 6.56 | | UTI Bank | 531.70 | 6.22 | | Power Finance | 111.10 | 5.66 | | Century Textiles | 557.85 | 5.51 | | Crompton Greaves | 200.85 | 5.35 | | Losers | | Jet Airways | 631.80 | -5.29 | | Syndicate Bank | 68.80 | -4.31 | | Zee Entertainment | 238.05 | -4.13 | | VSNL | 406.80 | -4.02 | | ING Vysya Bank | 169.20 | -3.59 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,035 | 572 | | Declines | 1,513 | 721 | | Unchanged | 93 | 35 | | Volume(Nos) | 24.85cr | 44.72cr | | | | | | Market Commentary | | | Sensex slips after a four-session rally | | The Sensex recovered from an early sluggish trend but slipped towards the close and shed 22 points for the day. | | The Sensex paused after a strong four-day rally. The Securities and Exchange Board of India allowing foreign institutional investors | | | | and mutual funds to short sell in the spot market had little or no impact on the market sentiment. The market opened with a positive gap of 36 points but soon slipped into negative territory on profit booking in banking and fast moving consumer goods counters that saw the Sensex touch an intra-day low of 13197. The Sensex witnessed some momentum in the afternoon on value buying at lower levels and touched the day's high of 13387. The index faltered towards the close on a fresh bout of selling and closed with losses of 22 points at 13286. The Nifty closed at 3861, down 15 points. The breadth of the market was negative. Of the 2,641 stocks traded on the BSE, 1,513 stocks declined, 1,035 stocks advanced and 93 stocks ended unchanged. Most of the sectoral indices ended in the red. The BSE FMCG Index was the biggest loser and slipped by 1.20% at 1689 followed by the BSE IT Index (down 0.54% at 5068) and the BSE Teck Index (down 0.46% at 3625). However, the BSE CG Index rallied sharply and gained 1.75% at 9129 followed by the BSE Metal Index (up 0.27% at 8454). Among the laggards ITC was down 3.42% at Rs144, Gujarat Ambuja declined 2.27% at Rs105, Tata Motors shed 1.99% at Rs789, Bajaj Auto dropped 1.32% at Rs2,534 and Reliance Energy lost 1.19% at Rs486. TCS at Rs1,289 and HDFC Bank at Rs1,012 fell around 1.11% each. However, select heavyweights attracted decent buying support. L&T surged 3.79% at Rs1,632, Cipla rose 2.79% at Rs242, BHEL jumped 2.22% at Rs2,280, HDFC added 1.37% at Rs1,594 and Maruti Udyog gained 1.04% at Rs840. Capital Goods stocks, however, were in the limelight. Crompton Greaves surged 5.35% at Rs201, Gammon India jumped 3.69% at Rs310, Bharat Electrical soared 2.22% at Rs1,547 and Carborundum Universal gained 1.81% at Rs143. Over 48.50 lakh Reliance Petroleum shares changed hands on the BSE followed by IDBI (33.40 lakh shares), SAIL (26.71 lakh shares), Idea Cellular (26.29 lakh shares) and Century Textiles (24.27 lakh shares). Century Textiles topped the value list with a turnover of Rs133 crore on the BSE followed by Reliance Industries (Rs85 crore), L&T (Rs78 crore), Reliance Communications (Rs68 crore) and Tata Motors (Rs68 crore). | | | | | | | | European Indices at 16:20 IST on 23-03-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6332.30 | 14.30 | 0.23 | | CAC 40 Index | 5598.36 | -0.01 | 0.00 | | DAX Index | 6854.63 | -2.33 | -0.03 | | | | | | | | | | | Asian Indices at close on 23-03-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17480.61 | 61.41 | 0.35 | | Hang Seng Index | 19692.64 | 2.39 | 0.01 | | Kospi Index | 1447.38 | -1.15 | -0.08 | | Straits Times Index | 3205.82 | -13.69 | -0.43 | | Jakarta Composite Index | 1805.96 | 3.11 | -0.17 | | | | | | | | | | | | “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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