| | | | Index Performance | | Index | Sensex | Nifty | | Open | 20,903.00 | 6,287.55 | | High | 21,113.13 | 6,338.30 | | Low | 20,701.49 | 6,231.25 | | Today's Cls | 20,869.78 | 6,272.00 | | Prev Cls | 20,873.33 | 6,287.85 | | Change | -3.55 | -15.85 | | % Change | -0.02 | -0.25 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | HDIL | 1,357.75 | 12.19 | | Aditya Birla Nuvo | 2,314.30 | 8.56 | | i-flex | 1,585.40 | 8.18 | | BOI | 400.45 | 7.42 | | Punjab Tractors | 338.30 | 6.28 | | Losers | | Parsvnath Developers | 505.75 | -8.08 | | RPL | 232.05 | -5.90 | | BPCL | 463.50 | -5.63 | | HCL Infosys | 251.30 | -5.19 | | RCF | 128.30 | -5.00 | | | Market Statistics | | - | BSE | NSE | | Advances | 763 | 337 | | Declines | 2,129 | 856 | | Unchanged | 20 | 8 | | Volume(Nos) | 62.16cr | 75.17cr | | | | | | Market Commentary | | | Market trips on volatile moves | | The market ended in the red after witnessing an intra-day swing of 412 points. | | The market remained under the grip of strong volatile moves as key indices kept swinging between positive and negative zones through the session. | | | | After resuming slightly above its last close at 20,903, the market snapped gains in early trades before frenzied buying propelled the index to an intra-day high of 21,113. While the market failed to make any further impact thereafter, the index drifted into the red once again in noon trades to touch the day's low of 20,701. The Sensex, after witnessing an intra-day swing of 412 points, ended 4 points down at 20,870, while the Nifty declined 16 points to close at 6,272. | | | Movers & Shakers | - Sterlite Technologies dropped despite announcing that Sterlite Power Conductors has commissioned India's first 765kV power transmission line.
- ICRA Ltd failed to gain despite entering in MoU with State Bank of Mysore to rate bank loans under RBI's New Capital Adequacy Framework for Basel-Il.
- Taneja Aerospace & Aviation moved up on a report that the Company entered into MRO facility agreement with AWACS.
- iGate Global Solutions Ltd, which announced a net profit of Rs27.48 lakh in Q3 results, moved up marginally.
| | | |
The market breadth ended weak. Of the 2,912 stocks traded on the BSE, 2,129 stocks declined, 763 stocks advanced and 20 stocks ended unchanged. In a volatile market, the BSE Realty index rose 0.61% while the BSE CD index, the BSE Teck index, the BSE Power index and the BSE IT index ended with steady gains. Other sectoral indices, however, ended at lower levels.
Dragging the Sensex, M&M shed 2.67% at Rs807.90, BHEL dipped 2.02% at Rs2,443.80, ONGC lost 1.76% at Rs1,298.65 and ICICI Bank was down 1.73% at Rs1,310.45. Ranbaxy, ACC, Maruti, ITC, RIL and Tata Motors were down 1% each. NTPC, however, advanced 4.49% at Rs277.15, HDFC moved up 3.59% at Rs3,174.25 and Reliance Communications moved up 2.05% at Rs820.80. Hindalco, HDFC Bank and DLF ended with steady gains.
Among the Realty stocks HDIL led the momentum with 12.19% at Rs1,357.75, Mahindra Life, Anant Raj, DLF, Sobha Developers, Indiabulls Realty, Peninsula Land and Puravankara Projects gained 0.13-3.84% each. Power stocks CESC, Siemens, Torrent Power and REL rose over 2-4% each.
Over 1.81 Crore Ispat Industries shares changed hands on the BSE followed by RPL (1.39 Crore shares), Ashok Leyland (75.30 lakh shares), NTPC (57.85 lakh shares) and Spice Tele (37.83 lakh shares).
Reliance Capital was the most actively traded counter on the BSE with a turnover of Rs369 crore followed by RPL (Rs331 crore), Reliance Communications (Rs308 crore), REL (Rs222 crore) and RIL (Rs160 crore).
| | | | | | | | European Indices at 16:28 IST on 09-01-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6295.80 | -60.70 | -0.95 | | DAX Index | 7804.21 | -45.78 | -0.58 | | | | | | | | | | | Asian Indices at close on 09-01-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 14599.16 | 70.49 | 0.49 | | Hang Seng Index | 27615.85 | 502.95 | 1.86 | | Kospi Index | 1844.47 | 18.24 | 1.00 | | Straits Times Index | 3344.53 | 6.26 | 0.19 | | Jakarta Composite Index | 2830.26 | 44.64 | 1.60 | | | | | | | | 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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