| | | | Index Performance | | Index | Sensex | Nifty | | Open | 18,215.26 | 5,278.40 | | High | 18,314.10 | 5,368.45 | | Low | 18,018.48 | 5,262.00 | | Today's Cls | 18,075.66 | 5,280.80 | | Prev Cls | 18,048.05 | 5,276.90 | | Change | 27.61 | 3.90 | | % Change | 0.15 | 0.07 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Polaris Lab | 90.90 | 6.75 | | Tata Tea | 822.90 | 6.34 | | i-flex | 1,100.55 | 6.18 | | Vijaya Bank | 70.80 | 5.59 | | Bajaj Auto | 2,322.60 | 5.58 | | Losers | | Jaiprakash Associates | 265.25 | -7.07 | | BOB | 405.75 | -5.14 | | LIC Housing Finance | 289.50 | -4.53 | | Reliance Energy | 1,622.15 | -4.41 | | Puravankara Projects | 322.75 | -4.29 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,513 | 643 | | Declines | 1,238 | 541 | | Unchanged | 57 | 24 | | Volume(Nos) | 30.82cr | 50.61cr | | | | | | Market Commentary | | | Sensex posts modest gains | | Profit bookings in late trades saw the Sensex shed 238 points form the day's high to close at 18,076, up 28 points. | | The Sensex opened 167 points above its previous close, tracking firm Asian cues. It was a good opening with good volumes and positive market breadth. | | | | Buoyancy in heavyweights, consumer durable, auto and pharma stocks in the afternoon helped the Sensex touch the day's high of 18,314. However, as the trading progressed the Sensex lost its momentum and gave up its early gains on across-the-board selling and entered negative territory. The market appeared to be heading towards a negative close, but select buying at lower levels helped the Sensex wrap-up the session with a gain of 28 points at 18,076, and the Nifty closed the session by adding four points at 5,281. | | | Movers & Shakers | - 3i Infotech jumped on making a foray into Chinese Banking, Financial Services and Insurance (BFSI) market by forming joint venture with Chinese partner, Yucheng Technologies.
- Bharat Electronics slipped despite forming a joint venture in missile technology with arms developer Rafael Advanced Defense Systems, Israel.
- Polaris Software rallied sharply on entering into a strategic partnership with City Networks to provide ongoing product development and support services.
- NIIT fell despite entering into an agreement with Wuxi provincial government, China to set up IT training centers and offer training programs.
| | | |
The market breadth was positive. Of the 2,808 stocks traded on the Bombay Stock Exchange (BSE) 1,513 stocks advanced, 1,238 stocks declined and 57 stocks ended unchanged. Among the sectoral indices the BSE CD Index flared up by 2.85%, the BSE Auto Index rose 1.62%, the BSE HC Index moved up by 1.33% and the BSE IT Index was up 0.54%.
Barring few, all the other Sensex stocks ended at higher levels. Bajaj Auto flared up 5.58% at Rs2,323, Ranbaxy shot up by 4.81% at Rs415, ACC zoomed 4.42% at Rs789, TCS moved up by 2.69% at Rs875, Grasim scaled up 2.67% at Rs2,862, M&M surged by 2.24% at Rs658, HLL jumped by 2.08% at Rs221 and Cipla gained 1.73% at Rs188.
Over 2.07 crore RNRL shares changed hands on the BSE followed by On mobile (1.97 crore shares), Ispat Industries (1.60 crore shares), Reliance Petroleum (1.02 crore shares) and Nagarjuna Fertilisers (8.69 crore shares).
Valuewise, OnMobile clocked a turnover of Rs1,042 crore followed by RNRL (Rs298 crore), Reliance Capital (Rs265 crore), Reliance Power (Rs259 crore) and Reliance Energy (Rs181 crore).
| | | | | | | | European Indices at 17:00 IST on 19-02-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 5950.90 | 4.30 | 0.07 | | CAC 40 Index | 4848.12 | -13.68 | -0.28 | | Dax Index | 6964.11 | -3.44 | -0.05 | | | | | | | | | | | Asian Indices at close on 19-02-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei | 13757.91 | 122.51 | 0.90 | | Hang Seng | 24123.17 | 363.92 | 1.53 | | Kospi Index | 1720.52 | 24.28 | 1.43 | | Straits Times | 3098.06 | 14.72 | 0.48 | | Jakarta Composite | 2711.87 | 27.17 | 1.01 | | | | | | | | 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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