| | | | Index Performance | | Index | Sensex | Nifty | | Open | 13,856.07 | 4,189.60 | | High | 14,248.65 | 4,264.55 | | Low | 13,731.54 | 4,093.20 | | Today's Cls | 14,220.07 | 4,252.65 | | Prev Cls | 14,106.58 | 4,191.10 | | Change | 113.49 | 61.55 | | % Change | 0.80 | 1.47 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Spice Tele | 72.35 | 33.12 | | i-flex | 1,364.55 | 9.13 | | Bank of India | 236.30 | 9.10 | | Sun TV | 314.35 | 8.21 | | Areva T&D India | 1,324.90 | 7.69 | | Losers | | Indiabulls Real estate | 330.65 | -7.43 | | Oriental Bank | 136.15 | -6.17 | | Deccan Aviation | 79.15 | -5.72 | | Sintex Industries | 348.40 | -5.49 | | Asian Paints | 1,160.55 | -5.25 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,370 | 667 | | Declines | 1,264 | 519 | | Unchanged | 73 | 32 | | Volume(Nos) | 30.88cr | 54.36cr | | | | | | Market Commentary | | | Volatile market ends buoyant | | Led by buying in Reliance Communications and Tata Steel, the Sensex recovered smartly in afternoon to end firm at 14,220. | | The market wiped out loss of more than 350 points incurred in the first half, after a strong bout of buying led by Reliance Communications, Tata Steel | 
| | | and DLF triggered wide-spread buying thereafter. In a highly volatile trading session, the Sensex resumed 251 points lower at 13,856 following weakness in Asian indices and crashed to the day's low of 13,732 on relentless selling. While the market was on a recovery path thereafter, the Sensex witnessed a sharp turnaround in afternoon as gains in heavy weights, metal, oil and realty propelled it to an intra-day high of 14,249. After gyrating 517 points during the intra-day trades, the Sensex gained 113 points to close at 14,220, while the Nifty ended 62 points higher at 4,253. | | | Movers & Shakers | - ONGC gained ground on reports that the company has announced a final dividend of 140% (Rs14) per share.
| | | |
The market breadth ended positive. Of the 2,704 stocks traded on the BSE 1,370 stocks advanced, 1,264 stocks declined and 73 stocks ended unchanged. Except the BSE IT, BSE FMCG and BSE Bankex index, all other sectoral indices ended in positive territory. The BSE Metal index led the pack and gained 2.96% at 13,765 followed by the BSE Oil & Gas index (up 2.90% at 9,411.56) and the BSE Realty index (up 2.15% at 5,207.85).
Reliance Communications was the star performer among the heavyweights and the stock soared 7.20% at Rs509.05. Among the other major gainers, Tata Steel advanced 4.46% at Rs742.95, DLF jumped 4.19% at Rs458.30, Reliance Infrastructure rose 4.17% at Rs948.95, Tata Consultancy Services moved up by 4% at Rs877.75, Ranbaxy Laboratories advanced 3.92% at Rs545.40 and Bharti Airtel added 3.83% at Rs780. However, HDFC, Wipro, Cipla, Infosys and ITC inched lower.
Metal stocks were in demand and scaled higher. Gujarat NRE soared 7.62% at Rs136.30, JSW flared up 4.72% at Rs1,006.70, Tata Steel added 4.46% at Rs742.95, Welspun Gujarat gained 3.85% at Rs319.95 and SAIL was up 3.18% at Rs150.85. In the Oil pack, Aban Offshore zoomed 5% at Rs3,156.15, Essar Oil shot up by 4.98% at Rs214.85, HPCL rose 4.90% at Rs199.10 and Reliance Petroleum gained 4.03% at Rs199.10.
Over 4.88 crore Spice Telecom shares changed hands on the BSE followed by Reliance Natural Resources (1.39 crore shares), Reliance Petroleum (1.17 crore shares), Ispat Industries (1.08 crore shares) and IFCI (1.04 crore shares).
| | | | | | | | European Indices at 16:15 IST on 25-06-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5659.40 | 24.70 | 0.44 | | CAC 40 Index | 4518.62 | 44.86 | 1.00 | | DAX Index | 6586.48 | 50.42 | 0.77 | | | | | | | | | | | Asian Indices at close on 25-06-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13829.92 | -19.64 | -1.02 | | Hang Seng Index | 22635.16 | 179.14 | 0.80 | | Kospi Index | 1717.79 | 6.95 | 0.41 | | Straits Times Index | 2986.62 | 24.46 | 0.83 | | Jakarta Composite Index | 2341.36 | -24.01 | -1.02 | | | | | | | | 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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