| | Index Performance | Index | Sensex | Nifty | Open | 20,367.94 | 6,179.10 | High | 20,762.80 | 6,300.05 | Low | 20,367.94 | 6,179.10 | Today's Cls | 20,686.89 | 6,274.30 | Prev Cls | 20,345.20 | 6,178.55 | Change | 341.69 | 95.75 | % Change | 1.68 | 1.55 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | Punjab Tractors | 351.50 | 29.49 | Hinduja Venturs | 844.10 | 13.51 | Parsvnath Developers | 529.10 | 9.15 | EIH | 235.00 | 8.70 | Bombay Dyeing | 980.05 | 6.24 | Losers | FDC | 47.30 | -4.54 | D-Link India | 121.00 | -4.12 | Apollo Tyres | 57.10 | -4.11 | Ramco Systems | 229.85 | -3.85 | IVR Prime | 434.75 | -3.66 | | Market Statistics | - | BSE | NSE | Advances | 1,485 | 513 | Declines | 1,415 | 681 | Unchanged | 22 | 13 | Volume(Nos) | 76.00cr | 97.51cr | | | | | Market Commentary | | Sensex scales new peak | Sensex crossed 20,700 mark and touched life-time high on gains in oil, capital goods, and banking stocks. | The Sensex rose to an all-time high led by gains in oil, capital goods, and banking stocks. | | | The market resumed on a strong note despite mixed global cues, but investor’s strong appetite for heavyweights, power, banking, oil, and capital goods stocks saw the Sensex rally further. Strong participation from Reliance group companies also cheered investor sentiment. The Sensex breached the 20,700 level in the afternoon trades and held on its gains. Relentless buying thereafter in front-line stocks helped the index to touch the record high of 20,763 towards the close. However, the Sensex shed some gains at close to end the session at 20,687, up 342 points. The Nifty, too, touched its all-time high of 6,300 to close at 6,274, up 96 points. Market breadth was neutral. Of the 2,922 stocks traded on the Bombay Stock Exchange (BSE) 1,485 stocks advanced, 1,415 stocks declined and 22 stocks ended unchanged. Except the BSE HC index, BSE IT index and the BSE Auto index, all sectoral indices ended in a positive territory. The BSE CG ended firm with gains of 2.56% at 20,029 while the BSE Oil & Gas index rose 2.31% at 13,917 and the BSE Bankex index added 2.01% at 11,905. Action in several index heavyweights lifted the market. ICICI Bank led the pack and shot up by 4.67% at Rs1,285. L&T soared 4.50% at Rs4,244, HLL surged 3.77% at Rs231, Reliance Communication flared up by 3.63% at Rs760, Hindalco jumped by 3.41% at Rs220, ONGC added 2.90% at Rs1,344, Reliance Industries advanced by 2.86% at Rs2,986 and ITC moved up by 2.35% at Rs220. However, few index stocks came under sharp selling pressure. NTPC at Rs272, M&M at Rs823, Cipla at Rs213, Ambuja Cement at Rs144, TCS at Rs1,005, Tata Motors at Rs784, Maruti Suzuki at Rs964 and Infosys at Rs1,695 dropped over 1% each, while Satyam Computer and ACC dropped marginally. Over 1.75 crore Centurion Bank of Punjab shares changed hands on the BSE followed by Burnpur Cement (30.06 crore shares), Hindustan Motors (26.57 crore shares), Tata Teleservices (19.53 crore shares) and RNRL (19.15 crore shares). Valuewise, Reliance Petroleum registered a turnover of Rs431 crore on the BSE followed by RNRL (Rs398 crore), Reliance Industries (Rs272 crore), Centurion Bank of Punjab (Rs262 crore) and Reliance Energy (Rs248 crore). | | | | | | | | European Indices at 16:30 IST on 04-01-2008 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 | 6526.30 | 46.80 | 0.72 | CAC 40 Index | 5552.39 | 6.31 | 0.11 | Dax Index | 7898.01 | -10.24 | -0.13 | | | | | | | | | | | Asian Indices at close on 04-01-2008 | | | Index | Level | Change (pts) | Change (%) | Nikkei | 14691.41 | -616.37 | -4.03 | Hang Seng | 27519.69 | 632.41 | 2.35 | Kospi Composite | 1863.90 | 11.17 | 0.60 | Straits Times | 3437.79 | 40.73 | 1.20 | Jakarta Composite | 2765.19 | 50.13 | 1.85 | | | | | | | | 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 | |
No comments:
Post a Comment