| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,805.63 | 4,753.90 | | High | 16,002.73 | 4,833.25 | | Low | 15,699.21 | 4,738.20 | | Today's Cls | 15,832.55 | 4,771.60 | | Prev Cls | 15,750.40 | 4,754.20 | | Change | 82.15 | 17.40 | | % Change | 0.52 | 0.37 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | GVK Power | 40.25 | 7.33 | | Rolta India | 289.45 | 6.89 | | Essar Shipping | 180.95 | 6.47 | | Alstom Projects | 615.00 | 5.17 | | Satyam Computer | 428.05 | 5.11 | | Losers | | Yes Bank | 150.30 | -6.33 | | Nagarjuna Construction | 199.40 | -5.99 | | Jindal Saw | 619.60 | -5.73 | | BHEL | 1754.95 | -5.27 | | Shree Precoated Steels | 183.90 | -4.99 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,215 | 457 | | Declines | 1,409 | 717 | | Unchanged | 63 | 19 | | Volume(Nos) | 26.66cr | 42.38cr | | | | | | Market Commentary | | | Market ends flat amid volatility | | After an intra-day swing of 303 points, the Sensex ended on a flat note. | | The market was highly volatile as stocks gyrated between zones throughout the trading session, with the index witnessing an intra-day swing of 303 points. | | | | In initial trades, on the back of a firm global indices, the Sensex began on a positive note at 15,806, 56 points above its previous close and rallied sharply above the 16,000 level to touch an intra-day high of 16,003. Steady to firm selling pressure thereafter saw the index plunge deep in red to slip below the 15,700 mark and touch a low of 15,699. Although the Sensex managed to erase most of its losses on buying in most of the heavyweights, it still ended 82 points up at 15,833. The Nifty nearly ended flat at 4,772. | | | Movers & Shakers | - Ranbaxy advanced on reports that the company is launching world’s first bio-generic recombinant injectible for the treatment of Osteoporosis in India.
- i-flex Solutions gained after the company signed an agreement with Wipro under which Wipro will market, implement and support i-flex's products in the Middle East and Egypt.
| | | |
The breadth of the market was negative. Of the 2,687 stocks traded on the BSE 1,409 stocks declined, 1,215 stocks advanced and 63 stocks ended unchanged.
Among the sectoral indices, the BSE IT index rose 3.31% at 3,765, while the BSE Oil & Gas index, the BSE FMCG index, the BSE HC index, the BSE Metal index and the BSE Realty index ended with modest gains. The BSE CG & Power were the biggest losers and dropped by 2% each.
Selective buying helped the index overcome its losses. Satyam Computer flared up 5.11% at Rs428, Wipro advanced 5.04% at Rs435, TCS rose 4.13% at Rs885.95 and HUL added 3.20% at Rs243.35. Infosys, Reliance Industries, Tata Steel, Ambuja Cement, ACC and ONGC performed with steady gains.
Selling was evident in select heavyweight counters. BHEL dropped 5.27% at Rs1,754.95, Mahindra & Mahindra declined 3.38% at Rs643.75, Reliance Energy tumbled 3.32% at Rs1,189.45, Maruti Suzuki shed 2.95% at Rs788.30, Grasim dipped 2.15% at Rs2,560, Tata Motors moved down by 1.43% at Rs628.70, HDFC moved down by 1.11% at Rs513.40 and Reliance Communications 1.09% at Rs510.
BSE Power stocks dropped sharply. Suzlon Energy dipped 4.68% at Rs272.10, ABB dropped 4.36% at Rs1,138.55, Areva declined by 3.57% at Rs1,463 and GMR infra lost 2.95% at Rs143. Torrent Pharma, Crompton and Tata power scaled down 2% each.
Over 1.80 crore IB Securties shares changed hands on the BSE followed by RNRL (1.40 crore shares), Ispat Industries (1.33 crore shares), RPL (1.17 crore shares) and Gammon Infra (1.05 crore shares).
| | | | | | | | European Indices at 16:10 IST on 03-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5904.60 | -11.30 | -0.19 | | CAC 40 Index | 4884.58 | -27.39 | -0.56 | | DAX Index | 6754.00 | -23.44 | -0.35 | | | | | | | | | | | Asian Indices at close on 03-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13389.90 | 200.54 | 1.52 | | Hang Seng Index | 24264.63 | 392.20 | 1.64 | | Kospi Index | 1763.63 | 21.44 | 1.23 | | Straits Times Index | 3171.55 | 46.94 | 1.50 | | Jakarta Composite Index | 2237.97 | -104.22 | -4.45 | | | | | | | | 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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