| | Index Performance | Index | Sensex | Nifty | Open | 16,890.75 | 4,939.10 | High | 16,928.02 | 4,953.90 | Low | 16,676.98 | 4,878.15 | Today's Cls | 16,899.54 | 4,938.85 | Prev Cls | 16,845.83 | 4,932.20 | Change | 53.71 | 6.65 | % Change | 0.32 | 0.13 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | MRPL | 65.25 | 12.02 | Indian Oil | 436.20 | 7.89 | BPCL | 348.50 | 7.31 | Fertilisers & Chemicals | 27.25 | 4.81 | Ispat Industries | 28.05 | 4.66 | Losers | ING Vysya Bank | 247.00 | -5.65 | United Phosphorus | 361.45 | -4.83 | RPL | 159.50 | -4.72 | Ingorsoll Rand | 319.60 | -4.54 | HDIL | 608.80 | -4.27 | | Market Statistics | - | BSE | NSE | Advances | 1,111 | 452 | Declines | 1,653 | 693 | Unchanged | 52 | 18 | Volume(Nos) | 66.43cr | 109.22cr | | | | | Market Commentary | | Sensex ends flat | After an intra-day swing of 155 points, the Sensex ended on a flat note | In a spiritless trading session, the market displayed a range-bound trend with a select bout of buying and selling activities. | | | After opening 45 points higher over its previous close of 18,646, the Sensex scaled higher to touch an intra-day high of 18,928. In mid session the market remained steady, however the sentiment turned bearish at the end of the session, and the index dipped to the day's low of 16,676. However, the Sensex on the back of selective pivotals in stocks ended on a flat note at 16,900, up by 54 points. The Nifty, however, advanced by seven points to close at 4,939. Market breadth on the BSE was negative. Of the 2,816 stocks traded, 1,653 stocks declined, 1,111 stocks advanced and the remaining stocks ended unchanged. | | Movers & Shakers | - Gremach rallied sharply on the report that the company has acquired 75% controlling stake in 11 coal mines in Mozambique.
- Panacea Biotec gained on inaugurating a Vaccine Formulation Plant (VFP) on their annual day at Baddi, unveiling its new corporate identity.
- Gayatri Projects moved up on the report that the company has secured new order valued at Rs154.01 crores.
- Cinemax India declined despite a report that the company is launching a three-screen multiplex at Panipat in Haryana.
| | | Sectoral indices showed a mixed result. The BSE CD, the BSE FMCG index, the BSE HC index, the BSE Metal index, the BSE Oil & Gas index, the BSE PSU index and the BSE Teck index ended in the green, However, the BSE Bankex index, the BSE Auto index, the BSE CG index, the BSE IT index and the BSE Reality index exhibited weakness. Among the gainers, HDFC Bank flared up 3.82% at Rs1,398, Hindalco moved up 2.86% at Rs168, Bharti Airtel jumped 2.11% at Rs965, Reliance gained 1.82% at Rs2,400, Ranbaxy scaled up by 1.73% at Rs424, Hindustan Utility was up 1.57% at Rs227 and Cipla advanced up 1.17% at Rs169. Maruti, ACC, Satyam Computer, HDFC, Infosys, ONGC and Grasim reported steady gains. However, M&M dropped 2.64% at Rs763, Bajaj Auto shed 2.16% at Rs2,518 and SBI dipped 1.60% at Rs1,803. Wipro, L&T, and Ambuja Cement were marginally down. Over 4.72 crore RNRL shares changed hands on the BSE followed by IFCI (4.41 crore shares), Ispat (4.33 crore shares) and JP Hydro (3.69 crore shares). | | | | | | | | European Indices at 16:50 IST on 25-09-2007 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 Index | 6393.80 | -72.10 | -1.12 | CAC 40 Index | 5629.78 | -62.71 | -1.10 | DAX Index | 7734.51 | -53.41 | -0.69 | | | | | | | | | | | Asian Indices at close on 25-09-2007 | | | Index | Level | Change (pts) | Change (%) | Nikkei 225 | 16401.73 | 89.12 | 0.55 | Hang Seng Index | 26382.08 | -169.86 | -0.64 | Kospi Index | 1919.26 | 10.29 | 0.54 | Straits Times Index | 3624.82 | -14.20 | -0.39 | Jakarta Composite Index | 2330.36 | -23.27 | -0.99 | | | | | | | | 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. Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report. The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |