| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,950.29 | 4,828.80 | | High | 16,111.44 | 4,863.75 | | Low | 15,869.09 | 4,769.60 | | Today's Cls | 16,015.56 | 4,830.25 | | Prev Cls | 16,086.83 | 4,828.85 | | Change | -71.27 | 1.40 | | % Change | -0.44 | 0.03 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Edelweiss Capital | 850.55 | 15.45 | | GTL Infra | 46.25 | 8.70 | | ABG Shipyard | 678.35 | 8.40 | | Godrej Industries | 280.10 | 7.96 | | Gujarat NRE Coke | 146.60 | 6.93 | | Losers | | India Infoline | 811.65 | -5.76 | | Lanco Infra | 374.95 | -5.29 | | BEL | 1,115.95 | -5.05 | | Indusind Bank | 81.80 | -5.05 | | Essar Shipping | 137.85 | -4.93 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,493 | 646 | | Declines | 1,223 | 535 | | Unchanged | 59 | 22 | | Volume(Nos) | 33.65cr | 61.20cr | | | | | | Market Commentary | | | Sensex sheds 71 points | | Market finds stability at the end of a volatile trading session as heavyweights stage a late-session recovery. | | A day after the Sensex slipped over 131 points on an all-round selling, the market opened on a negative note. The market was gloomy amid a range-bound trend during | | | | intra-day trades influenced by subdued international markets. The Sensex saw strong optimism vanish after adding 61 points to touch the day's high of 16,111. The market thereafter zigzagged between its positives and negatives, but eased in the afternoon on sustained selling in information technology (IT), banking and auto stocks to touch the intra-day low of 15,869. Heavy buying in most of the index pivotal stocks helped the Sensex trim most of its losses towards the close and end the session at 16,016, down 71 points. The Nifty closed with gain of a point at 4,830. | | | Movers & Shakers | - Power Finance Corporation surged on signing an agreement with RITES to import coal from Africa.
- Satyam moved down in spite of the report that the company and Pegasystems have expanded their partnership by establishing first of its kind Pega BPM Center of Excellence in Malaysia.
- I-Flex slipped despite the report that Lien Viet Bank, Vietnam has chosen FLEXCUBE® as the core banking solution for its banking operations.
| | | |
However, the market breadth was in favour of gainers as 1,493 stocks advanced, 1,223 stocks declined and 59 stocks remained unchanged on the Bombay Stock Exchange (BSE). Most of the sectoral indices closed with losses. BSE IT, Bankex and BSE Auto index were the major losers and slipped over 1-3% each. However, BSE Realty index soared 2.23% followed by BSE FMCG, HC, Power index and BSE Metal index all of which soared.
Among the 30 Sensex stocks, 16 ended in green. Attracting strong buying support, Hindalco Industries surged by 6.61% to Rs172.50, Hindustan Unilever shot up by 4.10% at Rs244, Cipla jumped by 2.89% at Rs211.60, Bharti Airtel advanced by 2.68% at Rs824.65, ITC scaled up by 2.54% at Rs200.05, DLF zoomed 2.47% at Rs674.05, Jaiprakash Associates added 2.30% at Rs231.25 and Reliance Communications gained 2.27% at Rs538.05. Among the laggards, Satyam tumbled 4.35% at Rs395.05, SBI slipped 3.69% at Rs1,650.45, Infosys fell 3.66% at Rs1,440.80, Tata Motors was down 3.56% at Rs655.20, TCS lost 2.97% at Rs853.15, Ranbaxy moved up 2.78% at Rs435.65 and L&T moved down 2.71% at Rs2,963.
Over 1.22 crore RNRL shares changed hands on the BSE followed by Ispat Industries (1.16 crore shares), IFCI (0.93 crore shares), Nagarjuna Constructions (0.68 crore shares) and RPL (0.59 crore shares).
| | | | | | | | European Indices at 16:00 IST on 27-03-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5720.10 | 59.70 | 1.05 | | CAC 40 Index | 4723.43 | 46.75 | 1.00 | | DAX Index | 6570.36 | 81.10 | 1.25 | | | | | | | | | | | Asian Indices at close on 27-03-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 12604.58 | -102.05 | -0.80 | | Hang Seng Index | 22664.22 | 47.21 | 0.21 | | Kospi Index | 1676.24 | -3.43 | -0.20 | | Straits Times Index | 3025.20 | 29.98 | 1.00 | | Jakarta Composite Index | 2451.35 | 10.71 | 0.44 | | | | | | | | 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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