| | | | Index Performance | | Index | Sensex | Nifty | | Open | 11,781.43 | 3,494.10 | | High | 11,870.22 | 3,648.25 | | Low | 11,410.49 | 3,491.50 | | Today's Cls | 11,483.40 | 3,518.65 | | Prev Cls | 11,309.09 | 3,490.70 | | Change | 174.31 | 27.95 | | % Change | 1.54 | 0.80 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Spice Comm | 47.00 | 23.04 | | Rolta India | 198.45 | 20.24 | | Glenmark Pharma | 482.15 | 17.38 | | HDIL | 133.90 | 15.93 | | Educomp Solution | 2463.75 | 13.32 | | Losers | | Century Textiles | 226.50 | -9.44 | | Nagarjuna
Const | 54.95 | -8.19 | | India Infoline | 57.75 | -7.53 | | Sesa Goa | 86.80 | -7.26 | | IVRCL Infra | 157.35 | -6.95 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,656 | 845 | | Declines | 972 | 382 | | Unchanged | 55 | 22 | | Volume(Nos) | 30.22cr | 58.60cr | | | | | | Market Commentary | | | Markets lose steam midway | | Profit booking in late trades saw the Sensex shed 387 points from the day's high to close at 11,483, up 174 points. | | | The Sensex opened 472 points above its previous close, tracking firm leads from Asian markets. It was a good opening supported with good volumes and a positive market breadth. | 
| | | Buoyancy in heavyweights, information technology, health care and teck stocks in the afternoon helped the Sensex touch the day's high of 11,870 (561 points higher than yesterday’s close). However as trading progressed the Sensex lost its momentum and gave up its early gains on across-the-board selling. The market appeared to be heading towards a negative close, but selective buying at lower levels helped the Sensex wrap-up the session with a gain of 174 points at 11,483. Nifty closed the session by adding 28 points at 3,519.
The market breadth was positive. Of the 2,681 stocks traded on the BSE 1,656 stocks advanced whereas 972 stocks declined. Fifty five stocks ended unchanged. Among the sectoral indices, the BSE IT flared up by 5.36%, BSE HC rose 4.66%, BSE Teck moved up by 3.74% and BSE Realty was up 1.84%.
Barring a few, the Sensex stocks ended higher. Satyam Computer Services flared up 7.38% at Rs289, Infosys Technologies shot up by 5.87% at Rs1,397.05, JP Associates zoomed 5.20% at Rs85, ICICI Bank moved up by 5.18% at Rs447.10, Reliance Infrastructure scaled up 5.09% at Rs632.25, Tata Power surged by 5.06% at Rs830.15, Bharti Airtel jumped by 3.30% at Rs764.30 and Reliance Industries gained 3.14% at Rs1,619.70.
Over 2.17 crore Core Projects and Technologies shares changed hands on the BSE followed by IFCI (1.09 crore shares), Reliance Natural Resources (1.04 crore shares), GVK Power and Infrastructure (1.01 crore shares) and Chambal Fertilisers and Chemicals (0.68 crore shares).
Valuewise, ICICI Bank clocked a turnover of Rs257 crore followed by Reliance Capital (Rs217 crore), Reliance Industries (Rs210 crore), State Bank of India (Rs185 crore) and Core Projects and Technologies (Rs143 crore). | | | | | | | | European Indices at 16:00 IST on 14-10-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4472.79 | 215.89 | 5.07 | | CAC 40 Index | 3698.23 | 166.73 | 4.72 | | DAX Index | 5285.53 | 223.08 | 4.41 | | | | | | | | | | | Asian Indices at close on 14-10-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 9447.57 | 1171.14 | 14.15 | | Hang Seng Index | 16832.88 | 520.72 | 3.19 | | Kospi Index | 1367.69 | 79.16 | 6.14 | | Straits Times Index | 2128.31 | 51.96 | 2.50 | | Jakarta Composite Index | 1555.96 | 94.09 | 6.44 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |
No comments:
Post a Comment