| | | | Index Performance | | Index | Sensex | Nifty | | Open | 16,781.97 | 4,999.15 | | High | 17,150.92 | 5,117.70 | | Low | 16,781.97 | 4,999.15 | | Today's Cls | 17,125.98 | 5,111.70 | | Prev Cls | 16,721.08 | 4,999.85 | | Change | 404.90 | 111.85 | | % Change | 2.42 | 2.24 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Bharti Airtel | 925.30 | 9.61 | | Chambal Fertilisers | 72.05 | 8.35 | | Reliance Comm | 577.05 | 8.31 | | Welspun Gujarat | 541.60 | 6.84 | | Nagarjuna Fertilizers | 51.05 | 6.69 | | Losers | | Gujarat NRE Coke | 152.50 | -6.38 | | Dish TV | 57.75 | -5.87 | | Moser Baer | 178.35 | -5.21 | | Hindustan Construction | 125.30 | -4.53 | | United Spirits | 1,684.20 | -3.87 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,251 | 538 | | Declines | 1,455 | 643 | | Unchanged | 57 | 26 | | Volume(Nos) | 35.40cr | 61.27cr | | | | | | Market Commentary | | | Late buying propels Sensex past 17,100 | | Action in heavyweights, Bankex and Teck stocks helped the Sensex end firm at 17,126. | | Lack of clarity and weak Asian indices saw the Sensex gyrate over 61 points in early trades. After a positive, the Sensex eased on profit-taking and touched the | | | | day's low of 16,782. The market thereafter moved in a range with a mixed bias before buying in select heavyweights and up move in Bankex and Teck stocks lifted the index to an intra-day high of 17,151. The Sensex ended the session with gains of 17,126, up 405 points and the Nifty added 112 points to close at 5,112. | | | Movers & Shakers | - Bharti Airtel scaled up on report that the company has announced Q4 AND FY2008 results.
- i-flex Solutions edged lower as Korea Exchange Bank completes implementation of Oracle Mantas.
- Zensar Technologies, whose Board of Directors has proposed a dividend, inched marginally higher.
- Hindustan Construction Company moved down despite a 37% rise in the net profit in FY2008 results.
| | | |
However, the market breadth was negative. Of the 2,763 stocks traded on the BSE, 1,455 stocks declined, 1,251 stocks declined and 57 stocks ended unchanged. Out of 11 sectoral indices, all the indices ended in green. The BSE Bankex index led the gainers pack and rose 3.33% at 8,868.08 and the BSE Teck index gained 3.16% at Rs3,396. Other indices ended with modest gains.
Buying action was seen in select blue chip stocks. Bharti Airtel advanced 9.61% at Rs925.30, Reliance Communications jumped 8.31% at Rs577.05, ICICI Bank added 4.54% at Rs916.15, HDFC gained 4.04% at Rs2,694, Reliance Energy climbed 4.01% at Rs1,358 and SBI moved up by 4.01% at Rs1,750. However, ACC dropped 1.92% at Rs782.75, Maruti shed 1.17% at Rs737.25 and DLF was down 1% at Rs666.15.
Bankex stocks were in the lime light. ICICI Bank vaulted 4.54% at Rs916.15, SBI flared up 4.01% at Rs1,750.10, HDFC Bank jumped 3.59% at Rs1,498, Bank of Baroda advanced 2.85% at Rs309.85 and Canara Bank added 2.56% at Rs238.40. Centurion Bank of Punjab, PNB, Yes Bank, Axis Bank and Allahabad Bank were up over 1-2% each.
Over 2.94 crore RNRL shares changed hands on the BSE followed by IFCI (1.56 crore shares), Ispat Industries (1.42 crore shares), Nagarjuna Fertilisers (1.40 crore shares) and Tata Teleservices (1.18 crore shares).
| | | | | | | | European Indices at 16:24 IST on 25-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6064.40 | 13.70 | 0.23 | | CAC 40 Index | 4988.75 | 59.20 | 1.20 | | DAX Index | 6896.53 | 75.21 | 1.10 | | | | | | | | | | | Asian Indices at close on 25-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13863.47 | 322.60 | 2.38 | | Hang Seng Index | 25516.78 | -164.00 | -0.64 | | Kospi Index | 1824.68 | 25.34 | 1.41 | | Straits Times Index | 3344.53 | - | - | | Jakarta Composite Index | 2240.58 | -29.40 | -1.30 | | | | | | | | 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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