| | | | Index Performance | | Index | Sensex | Nifty | | Open | 17,008.03 | 5,008.60 | | High | 17,085.63 | 5,066.00 | | Low | 16,697.47 | 4,943.75 | | Today's Cls | 16,752.86 | 4,957.80 | | Prev Cls | 16,860.90 | 5,012.65 | | Change | -108.04 | -54.85 | | % Change | -0.64 | -1.09 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | i-flex | 1,325.60 | 7.93 | | Titan Industries | 1,195.25 | 7.01 | | NALCO | 482.40 | 6.24 | | Moser Baer | 184.65 | 6.03 | | Educomp Solutions | 3,916.65 | 5.05 | | Losers | | Cairn India | 277.25 | -8.48 | | Godrej Industries | 280.90 | -4.78 | | PNB | 495.55 | -4.28 | | United Breweries | 741.00 | -4.12 | | Cummins India | 285.90 | -4.01 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,410 | 573 | | Declines | 1,305 | 609 | | Unchanged | 69 | 29 | | Volume(Nos) | 41.53cr | 60.43cr | | | | | | Market Commentary | | | Market maimed amid sharp volatility | | The Sensex witnessed a wild intra-day swing of 389 points and dropped 108 points at close on broad-based selling pressure. | | Fall in global crude oil prices and even positive international indices failed to lift market sentiment. The Sensex after gaining 225 points in early trades and | | | | touching the day's high of 17,086 drifted into negative territory in late morning trades. In noon trades, sentiment turned extremely bearish as sustained selling in heavyweights, oil & gas, teck and IT stocks dragged the index below the 16,700 mark to an intra-day low of 16,697. Finally the Sensex ended the session with losses of 108 points at 16,753, after gyrating 389 points during intra-day trades. Nifty dropped 55 points to close at 4,958. However, the market breadth was positive. Of the 2,784 stocks traded on the BSE, 1,410 stocks advanced, 1,305 stocks declined and the remaining 69 stocks ended unchanged. All the sectoral indices were down today. Among sectoral indices, BSE Oil & Gas index dropped 2.56%, BSE Teck index dipped 0.88%, BSE IT index lost 0.76%, BSE CG index declined 0.46% and BSE Auto index was down 0.39%. Dragging the index ONGC dropped 3.08% at Rs997.10, ACC slumped 2.66% at Rs683, Wipro lost 2.66% at Rs494.20, TCS declined 2.33% at Rs905.70, Reliance Industries moved down 2.08% at 2,501.45 and Bharti Airtel shed 2.03% at Rs821.25. Among other heavy losers, among oil & gas stocks, Cairn India lost 8.48% at Rs277.25, Essar Oil slumped 3.95% at Rs250.25, Aban Offshore tumbled 3.08% at Rs997.10, BPCL slipped by 2.68% at Rs348.50 and Reliance Petroleum dipped 2.06% at Rs178.20. IOC however bucked the downtrend and soared closing with marginal gains. Over 7.26 crore Aishwarya Telecom shares changed hands on the BSE followed by IFCI (3.50 crore shares), Ispat Industries (1.47 crore shares), Reliance Petroleum (1.18 crore shares) and Reliance Natural Resources Ltd (1.16 crore shares). | | | | | | | | European Indices at 17:00 IST on 13-05-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6174.30 | -46.30 | -0.74 | | CAC 40 Index | 4957.70 | -18.51 | -0.37 | | DAX Index | 7026.30 | -9.65 | -0.14 | | | | | | | | | | | Asian Indices at close on 13-05-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13953.73 | 210.37 | 1.53 | | Hang Seng Index | 25552.77 | 489.60 | 1.95 | | Kospi Index | 1842.80 | 19.10 | 1.81 | | Straits Times Index | 3344.53 | - | - | | Jakarta Composite Index | 2418.90 | 40.90 | 1.72 | | | | | | | | 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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