| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,581.35 | 4,193.60 | | High | 14,858.93 | 4,310.00 | | Low | 14,581.35 | 4,193.60 | | Today's Cls | 14,842.38 | 4,302.60 | | Prev Cls | 14,424.87 | 4,190.15 | | Change | 417.51 | 112.45 | | % Change | 2.89 | 2.68 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Indian Bank | 150.00 | 14.03 | | Corporation Bank | 322.45 | 10.28 | | Titan | 1,154.75 | 9.13 | | HTMT Global | 357.00 | 8.63 | | Jaiprakash Associates | 907.85 | 7.92 | | Losers | | P&G | 751.90 | -2.08 | | Ambuja Cement | 133.20 | -1.62 | | Novartis India | 286.15 | -0.90 | | Finolex Cable | 78.15 | -0.89 | | Wyeth | 499.00 | -0.83 | | | Market Statistics | | - | BSE | NSE | | Advances | 2,068 | 990 | | Declines | 604 | 139 | | Unchanged | 46 | 20 | | Volume(Nos) | 25.39cr | 36.06cr | | | | | | Market Commentary | | | Market rallies on banking and consumer durable stocks | | The buoyancy in heavyweights, banking and consumer durable stocks helped the Sensex gain 418 points for the day. | | The Sensex had a roaring start and the index continued its record rally after Friday's recovery. Strong economic numbers including the July new home sales and durable | | | | goods’ orders sent the US markets higher on Friday. Tracking the same, Asian markets rose over 1% in early trades and the Sensex too resumed with a positive gap of 156 points at 14,581. Ease in the domestic political worries also helped the Sensex to rally. The market gained momentum by mid-morning trades on gains in banking, realty and consumer durable stocks and rallied sharply to touch the day's high of 14,859. The index also received major support from ICICI Bank, SBI and Reliance Communication, which gained over 5-6% today. Finally, the Sensex closed the session at 14,842, up 418 points. The Nifty ended the session at 4,303 up 112 points. | | | Movers & Shakers | - McNally Bharat rallied sharply on receiving an order from Mazagaon Dock Ltd valued at Rs90 crore.
- Parsvnath Developers surged after winning another project from BEST, Mumbai to develop a plot of land at Mahim bus station.
- Subex Azure gained on receiving contracts from Global Vision Telecom (GVT) in Nigeria and the Democratic Republic of Congo (DRC).
- Ipca Lab moved up on entering into a collaborative-cum-license agreement with Central Drug Research Institute (CDRI).
- Venus Remedies gained marginally on signing an agreement with a Netherlands- based company for jointly preparing and marketing thea latest generation Carbapenem Injectible.
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Among the sectoral indices the BSE Realty index led the upsurge with gains of 5.37% at 7,147 followed by the BSE Bankex index (up 4.64% at 7,655), the BSE CD index (up 4.48% at 4,165) and the BSE CG (up 3.63% at 13,018). The market breadth was extremely positive. Of the 2,718 stocks traded on the BSE 2,068 stocks advanced, 604 stocks declined and 46 stocks ended unchanged.
Out of the 30 Sensex stocks, 28 managed to end in the green while two stocks ended with losses. SBI was the leading gainer and soared 6.17% at Rs1,557. ICICI Bank jumped 5.93% at Rs884, Maruti Udyog shot up by 5.13% at Rs831, Hindalco advanced 4.54% at Rs148, Reliance Communication moved up by 4.45% at Rs521, L&T added 3.75% at Rs2,536 and BHEL gained 3.72% at Rs1,816. Among the laggards, Ambuja Cement dropped 1.62% at Rs133 and Cipla slipped marginally at Rs170.
Over 1.45 crore Tata Tele Services shares changed hands on the BSE followed by SEL Manufacturing (1.34 crore shares), IFCI (76.64 lakh shares), UCO Bank (64.79 lakh shares) and IQMS Software (61.33 lakh shares).
Take Solutions registered a turnover of Rs505 crore on the BSE followed by SEL Manufacturing (Rs295 crore), Reliance Industries (Rs120 crore), SBI (Rs111 crore) and ICICI Bank (Rs105 crore).
| | | | | | | | European Indices at 16:15 IST on 27-08-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6220.10 | 23.20 | 0.37 | | CAC 40 Index | 5600.10 | 30.72 | 0.55 | | DAX Index | 7510.90 | 3.63 | 0.05 | | | | | | | | Asian Indices at close on 27-08-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16301.39 | 52.42 | 0.32 | | Hang Seng | 23577.73 | 655.84 | 2.86 | | Kospi Index | 1803.03 | 11.70 | 0.65 | | Straits Times | 3388.44 | 18.99 | 0.56 | | Jakarta Composite Index | 2175.35 | 32.24 | 1.50 | | | | | | | | 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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