| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,388.36 | 4,572.50 | | High | 15,732.75 | 4,664.05 | | Low | 15,357.98 | 4,561.75 | | Today's Cls | 15,696.90 | 4,653.00 | | Prev Cls | 15,395.82 | 4,572.50 | | Change | 301.08 | 80.50 | | % Change | 1.96 | 1.76 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Essar Shipping | 129.90 | 9.48 | | UCO Bank | 42.20 | 9.47 | | Indiabulls Financial | 368.50 | 9.01 | | Shree Precoated | 146.25 | 8.90 | | Indian Overseas Bank | 114.35 | 8.49 | | Losers | | Gammon India | 336.45 | -4.35 | | GSPL | 61.00 | -3.17 | | Spice Tele | 62.20 | -3.04 | | TV18 | 256.00 | -1.99 | | NALCO | 475.80 | -1.98 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,802 | 874 | | Declines | 882 | 333 | | Unchanged | 80 | 29 | | Volume(Nos) | 28.45cr | 45.43cr | | | | | | Market Commentary | | | Upmove continues, Sensex sizzles past 15,650 | | Buyoed by strong gains in HDFC and Maruti, the market ended firm for the second straight session. | | Action continued on Dalal Street for the second straight session as the market brushed aside the flat Asian market trend. Overnight surge in global | 
| | | crude oil prices also failed to dampen the sentiment. The Sensex opened 8 points lower than its last close at 15,396 and touched the day’s low of 15,358 in early trades. However, the emergence of strong buying by mid-morning trades saw the index erase most of its loss and touch an intra-day high of 15,733, up 337 points from the yesterday's close of 15,396. Renewed buying, particularly, in the old economy heavyweights held the market firm thereafter and the Sensex ended the session with gains of 301 points at 15,697. The Nifty moved up 81 points to close at 4,653. | |
The market breadth was fairly positive. Of the 2,764 stocks traded on the BSE, 1,802 stocks advanced, 882 stocks declined and 80 stocks ended unchanged. All the sectoral indices ended in positive territory. The BSE Bankex index rose 4.29%, the BSE Realty gained 3.89%, the BSE Oil & Gas index added 2.25%, the BSE PSU was up 2.17%, the BSE CG was up 2.15% and the BSE CD was up 2.01%.
Leading the rally, HDFC zoomed 5.99% at Rs2,298.05. While Maruti Suzuki India soared nearly 5.22% at Rs755.60, HDFC Bank flared up 4.87% at Rs1,207.55. ONGC advanced 4.77% at Rs884.45, State Bank of India added 4.57% at Rs1,387.05, Jaiprakash Associates moved up 4.51% at Rs187.60 and Reliance Infrastructure was up 4.13% at Rs1,104.65.
Bankex stocks rallied sharply on strong buying support. Indian Overseas Bank raised 8.49% to close at Rs114.35. Axis Bank rose 7.89% at Rs794.20, Kotak Bank moved up 7.45 at Rs679. Federal Bank, Bank of India, Bank of Baroda, Oriental Bank, Canara Bank and Union Bank moved up 5-6% each.
Value wise, Anu’s Laboratories registered a turnover of Rs449 crore followed by Reliance Capital (Rs194 crore), Reliance Industries (Rs180 crore), Reliance Petroleum (Rs162 crore) and Larsen & Toubro (Rs127 crore).
| | | | | | | | European Indices at 16:22 IST on 17-06-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5887.00 | 92.40 | 0.17 | | CAC 40 Index | 4698.51 | 40.77 | 0.88 | | DAX Index | 6819.29 | 89.41 | 1.33 | | | | | | | | | | | Asian Indices at close on 17-06-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 14348.37 | -6.00 | -0.04 | | Hang Seng Index | 23057.99 | 28.30 | 0.12 | | Kospi Index | 1750.71 | -10.11 | -0.57 | | Straits Times Index | 3028.24 | -8.68 | -0.29 | | Jakarta Composite Index | 2377.97 | -20.06 | -0.84 | | | | | | | | 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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