Sensex

Thursday, August 07, 2008

DG - FW: Sharekhan Post-Market Report dated August 07, 2008

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 07 August 2008 16:31
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated August 07, 2008

 

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August 07, 2008

 

Index Performance

Index

Sensex

Nifty

Open

15,031.86

4,515.25

High

15,280.06

4,580.15

Low

14,992.97

4,493.70

Today's Cls

15,117.25

4,523.85

Prev Cls

15,073.54

4,517.55

Change

43.71

6.30

% Change

0.29

0.14

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Ansal Infra

104.70

14.87

Dish TV

37.55

11.59

Lakshmi Machine

1198.90

5.31

Adlabs Films

551.35

4.70

Deccan Chronicle

118.10

4.51

Losers

Chennai Petroleum

296.40

-4.66

Sintex Industries

353.40

-4.12

Sobha Developers

282.80

-3.79

Jai Corp

392.05

-3.63

Triveni Engineering

111.55

-3.50

Market Statistics

-

BSE

NSE

Advances

1,406

626

Declines

1,284

582

Unchanged

95

34

Volume(Nos)

33.65cr

58.93cr

 Market Commentary 

Sensex ends flat

After intra-day swing of 287 points the Sensex ends on a flat note

In a spiritless trading session, the market displayed a range-bound trend with select bouts of buying and selling activities.  

 

After opening 42 points lower over its previous close of 15,032, the Sensex scaled lower to touch an intra-day low of 14,993. In mid session, the market remained steady, however the sentiment turned bullish at the end of the session and the index rose to the day's high of 15,280. However, the Sensex on the back of selective pivotals in the stocks ended on a flat note at 15,074, up 44 points. The Nifty however advanced by six points to close at 4,524. The market breadth was positive. Of the 2,785 stocks, 1,406 stocks rose, 1,284 stocks fell and the remaining stocks ended unchanged. 

Sectoral indices showed a mixed result. The BSE CD, BSE Auto index, BSE IT index, BSE Realty index, BSE Bankex index, BSE FMCG index, BSE HC index and BSE Metal index ended with gains, whereas BSE CG index, BSE Power index, BSE PSU index, BSE Oil & Gas index and BSE Teck index ended with losses. 

Among gainers, Sterlite Industries flared up 4.43% at Rs614, Tata Motors moved up 4.10% at Rs444.20, HDFC jumped 3.37% at Rs2,476.60, HDFC Bank gained 3.03% at Rs1,253.70, Grasim Industries scaled up by 2.49% at Rs2,089.35, Mahindra & Mahindra was up 2.48% at Rs575.95, Maruti Suzuki India gained 2.41% at Rs668.55 and Satyam Computer Services advanced up 2.25% at Rs416.55. DLF, NTPC, Infosys, Relilance Infra, JPAssociates and ITC reported steady gains. However, BHEL dropped 2.88% at Rs1,774.65, Bharti Airtel shed 2.25% at Rs850.15 and Ranbaxy Laboratories dipped 1.78% at Rs438.55. Hindustan Unilever, Wipro, and Tata Power were marginally down. 

Over 2.91 crore Reliance Natural Resources shares changed hands followed by Ispat Industries (1.40 crore shares), Tata Teleservices Maharashtra Ltd (1.18 crore shares) and Kaashyap Technologies (0.88 crore shares).

European Indices at 16:00 IST on 07-08-2008

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

5515.80

29.70

0.54

CAC 40 Index

4496.35

48.02

1.08

DAX Index

6587.00

25.61

0.39

Asian Indices at close on 07-08-2008

Index

Level

Change (pts)

Change (%)

Nikkei 225

13124.99

-129.90

-0.98

Hang Seng Index

22104.20

154.45

0.70

Kospi Index

1564.00

-14.71

-0.93

Straits Times Index

2834.71

-52.07

-1.80

Jakarta Composite Index

2199.01

11.80

0.54

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