| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,508.63 | 4,267.55 | | High | 14,560.32 | 4,278.85 | | Low | 14,441.76 | 4,242.50 | | Today's Cls | 14,467.36 | 4,252.05 | | Prev Cls | 14,499.24 | 4,267.40 | | Change | -31.88 | -15.35 | | % Change | -0.22 | -0.36 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | FDC | 34.25 | 7.87 | | GE Shipping | 342.05 | 5.69 | | Sun TV | 1,649.00 | 5.48 | | IDFC | 126.05 | 5.44 | | Reliance Energy | 590.20 | 5.32 | | Losers | | Chennai Petroleum | 263.55 | -7.69 | | HCL Infosys | 194.85 | -6.50 | | Rolta India | 461.45 | -6.17 | | HTMT Global | 559.80 | -5.15 | | Birla Corporation | 244.15 | -4.44 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,274 | 478 | | Declines | 1,280 | 578 | | Unchanged | 86 | 39 | | Volume(Nos) | 23.67cr | 33.73cr | | | | | | Market Commentary | | | Sensex slips despite record fall in inflation | | After a mild recovery, stocks continued to slide despite inflation rate hitting a 58-week low. | | The market remained choppy as investors continued to book profits on every rise. | | | | Stocks had rebounded yesterday, helped by good volumes and strong Asian markets. However, the inflation rate, which hit a record low at 4.28%, could not rescue the sliding index and the Sensex touched the day's low of 14442. Except consumer durable and pharma stocks most of the stocks witnessed selling pressure. The lack of buying interest kept the market subdued and the Sensex closed the session by shedding 32 points at 14467. The Nifty closed the session down 15 points at 4252.
The market breadth was neutral. Of the 2,640 stocks that traded on the BSE, 1,280 stocks declined, 1,274 stocks advanced and 86 stocks ended unchanged. Most of the sectoral indices closed with a little change. The BSE Oil & Gas index dropped 0.97% at 7594 followed by the BSE Metal index (down 0.69% at 10745) and the BSE IT index (down 0.59% at 4858).
Among the Sensex stocks, Reliance Energy was the leading gainer and soared 5.32% at Rs590, Hindalco advanced 1.89% at Rs170, NTPC jumped 1.73% at Rs153, HDFC shot up by 1.65% at Rs1,870, Hero Honda moved up 1.28% at Rs670 and HLL gained 1.24% at Rs192, while Dr Reddy's Lab, SBI, Barti Airtel and ICICI Bank closed with marginal gains. Among the laggards BHEL tumbled 2.80% at Rs1,440, Gujarat Ambuja shed 2.64% at Rs116, Reliance Industries declined by 1.68% at Rs1,704 and Tata Steel lost 1.55% at Rs599.
Over 1.09 crore Reliance Natural Resources shares changed hands on the BSE followed by IKF Technologies (99.55 lakh shares), IDBI (80.08 lakh shares), TCS (49.30 lakh shares) and IFCI (47.90 lakh shares).
TCS registered a turnover of Rs562 crore on the BSE followed by Time Technologies (Rs163 crore), Reliance Industries (Rs147 crore), Educomp (Rs144 crore) and SBI (Rs135 crore). | | | | | | | | European Indices at 16:20 IST on 22-06-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6575.40 | -20.60 | -0.31 | | CAC 40 Index | 6024.58 | -5.21 | -0.09 | | DAX Index | 7937.85 | -26.86 | -0.34 | | | | | | | | | | | Asian Indices at close on 22-06-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 18188.63 | -51.67 | -0.28 | | Hang Seng | 21999.91 | 45.21 | 0.21 | | Kospi Index | 1770.98 | -23.26 | -1.30 | | Straits Times | 3615.38 | -24.11 | -0.66 | | Jakarta Composite Index | 2152.32 | -0.02 | 0.00 | | | | | | | | 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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