| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,520.19 | 4,286.20 | | High | 14,520.19 | 4,294.20 | | Low | 14,407.12 | 4,255.25 | | Today's Cls | 14,431.06 | 4,263.95 | | Prev Cls | 14,501.08 | 4,285.70 | | Change | -70.02 | -21.75 | | % Change | -0.48 | -0.51 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Suzlon Energy | 1532.70 | 6.72 | | IndusInd Bank | 51.65 | 6.06 | | Sobha Developers | 913.15 | 4.68 | | Engineers India | 508.55 | 4.34 | | Titan Industries | 1,329.40 | 3.92 | | Losers | | FDC | 32.70 | -4.80 | | MICO | 4,485.65 | -4.27 | | Cadila Healthcare | 380.45 | -3.67 | | Mirc Electronics | 18.10 | -3.21 | | PFC | 142.20 | -3.00 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,245 | 455 | | Declines | 1,338 | 617 | | Unchanged | 64 | 26 | | Volume(Nos) | 24.64cr | 36.65cr | | | | | | Market Commentary | | | Profit booking takes its toll | | The Sensex slips 70 points on profit booking in PSU, metal and auto stocks. | | Weak global cues and choppy trading ahead of the expiry of the June F&O series ensured that the market remained in the red today. | | | | Despite weak Asian markets the Sensex opened on a positive note but soon slipped into the red on selling pressure in heavyweights and metal stocks. The Sensex fell sharply as investors sold for profits and touched the early low of 14433. However, buying at lower levels by the afternoon saw the Sensex pare most of its losses, but the benchmark index again tumbled on unabated selling in public sector, metal and auto stocks, touching the day's low of 14407. The Sensex finally closed the session at 14431, down 70 points. The Nifty ended the session down 21 points at 4264. | | | Movers & Shakers | - United Phosphorus fell despite acquiring DuPont's global triphenyltin hydroxide contact fungicide and fenbutatin-oxide miticide businesses.
- MSK Projects gained on receiving orders worth Rs23.12 crore from Bharat Oman Refineries.
- Sun TV Network tumbled despite launching FM Radio Station in Bhubaneshwar under the brand "S FM".
- Nagarjuna Construction moved up on receiving a contract worth Rs333.77 crore from the public works department, Government of Karnataka.
- Precision Containers slipped even after deciding to expand its manufacturing facilities at Daman with existing surplus land available with the company.
- Jain Irrigation closed in the red despite receiving an order worth Rs84 crore from Hindustan Coca Cola Company for supply of mango pulp.
| | | |
The breadth of the market was weak, with the losers outnumbering the gainers in a ratio of 1.06:1. Of the 2,647 stocks traded on the BSE, 1,338 stocks declined, 1,245 stocks advanced and 64 stocks ended unchanged. Most of the sectoral indices ended weak. The BSE PSU index slipped by 1.04% followed by the BSE Auto index (down 0.87%), the BSE Metal index (down 0.79%) and the BSE Bankex (down 0.64%).
Among the major losers, Tata Motors slipped 2.40% at Rs668, NTPC tumbled by 2.09% at Rs150, Reliance Communication declined by 2.05% at Rs515, Reliance Energy plunged by 1.97% at Rs578, ACC dropped 1.93% at Rs829, Bharti Airtel crumbled by 1.81% at Rs835, ONGC slumped 1.57% at Rs921 and Ranbaxy fell by 1.41% at Rs343. However, Satyam Computer gained 2.55% at Rs468 and Hero Honda moved up by 1.07% at Rs677 while TCS, Grasim, Infosys, Dr Reddy's Lab, HLL, Gujarat Ambuja, Wipro and Bajaj Auto ended with modest gains.
PSU stocks took a beating on the bourses. Bank of Baroda slipped by 2.92% at Rs259, Union Bank crashed by 2.36% at Rs128, SAIL shed 2.28% at Rs131, Mangalore Refineries lost 2.17% at Rs41 and Bharat Petroleum dropped 2.14% at Rs331.
Over 1.80 crore IFCI shares changed hands on the BSE followed by IKF Technologies (82.45 lakh shares), Reliance Petroleum (79.42 lakh shares), GV Films (62.22 lakh shares) and Nelcast (60.95 lakh shares).
Value-wise GMR Infrastructure clocked a turnover of Rs297 crore on the BSE followed by Indiainfoline (Rs138 crore), Nelcast (Rs131 crore), Suzlon Energy (Rs124 crore) and Entertainment Network (Rs116 crore).
| | | | | | | | European Indices at 16:15 IST on 27-06-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6537.10 | -22.20 | -0.34 | | CAC 40 Index | 5934.19 | -19.17 | -0.32 | | DAX Index | 7805.94 | -54.58 | -0.69 | | | | | | | | | | | Asian Indices at close on 27-06-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17849.28 | -216.83 | -1.20 | | Hang Seng | 21705.56 | -98.01 | -0.45 | | Kospi Index | 1733.10 | -16.45 | -0.94 | | Straits Times | 3505.50 | -19.60 | -0.56 | | Jakarta Composite Index | 2125.34 | -28.20 | -1.31 | | | | | | | | 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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