| | | | Index Performance | | Index | Sensex | Nifty | | Open | 8,400.88 | 2,634.20 | | High | 8,540.46 | 2,634.20 | | Low | 8,316.39 | 2,502.90 | | Today's Cls | 8,451.01 | 2,553.15 | | Prev Cls | 8,773.78 | 2,635.00 | | Change | -322.77 | -81.85 | | % Change | -3.68 | -3.11 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Bosch | 3,100.00 | 4.64 | | Indian Hotels | 48.55 | 4.07 | | India Infoline | 40.35 | 3.99 | | NALCO | 156.90 | 3.63 | | Nagarjuna Construction | 55.60 | 3.15 | | Losers | | BGR Energy | 138.90 | -12.09 | | HDIL | 87.65 | -11.06 | | Deccan Chronicle | 40.00 | -11.01 | | Triveni Engineering | 33.65 | -10.74 | | Unitech | 35.15 | -9.87 | | | Market Statistics | | - | BSE | NSE | | Advances | 594 | 235 | | Declines | 1,899 | 967 | | Unchanged | 68 | 28 | | Volume(Nos) | 21.13cr | 48.24cr | | | | | | Market Commentary | | | Sensex acts valiant but late | | Pervasive selling saw the Sensex slip below the 8,350 mark, but selective buying towards the close led the index make up for losses. | | Weak global cues and negative breadth in yesterday's trades led the market open at a lower today. The Sensex was 373 points down at the opening | 
| | | and remained subdued, as investors booked profits after the recent gains. Realty and consumer durables stocks took the major beating. The index faltered under selling pressure by afternoon and slipped to the day's low of 8,316. While the market fluctuated sharply thereafter, firm bullish sentiment and strong buying in heavyweights and fast moving consumer goods stocks in late trades helped the benchmark index erase most of the losses. The Sensex finally ended the session by shedding 3.68% or 323 points at 8,451. Nifty slipped 82 points at 2,553.
The market breadth was negative. Of the 2,561 stocks traded on the BSE, 1,899 stocks declined whereas 594 stocks advanced. Seventy stocks ended unchanged. All the 13 sectoral indices ended in the red. BSE Realty dropped 8.30% followed by BSE CD (down 4.95%), BSE Oil & Gas (down 4.64%), BSE Bankex (down 4.32%), BSE Metal (down 4.18%) and BSE Auto (down 4.14%).
Heavyweights led the fall in the Sensex. DLF slipped 8.56% at Rs205.20, Reliance Communications slumped by 8.32% at Rs182.25, Sterlite Industries shed 7.96% at Rs200.50, ICICI Bank lost 7.87% at Rs320.35 and HDFC Bank was down 7.30% at Rs822.25. Among the laggards JP Associates moved down 6.70% at Rs59.55, Reliance Industries lost 6.66% at Rs1,058.60, Maruti Suzuki India declined 6.52% at Rs482.85, Tata Motors was down by 6.47% at Rs126.45 and Tata Power was down 6.39% at Rs633.90, while ACC, National Thermal Power Corporation, State Bank of India, Ranbaxy Laboratories and Hindustan Unilever Ltd ended with modest gains.
Over 1.78 crore shares of GVK Power & Infrastructure changed hands on the BSE followed by Suzlon Energy (0.89 crore shares), Reliance Petroleum Ltd (0.86 crore shares), Reliance Natural Resources Ltd (0.72 crore shares) and HDIL (0.66 crore shares). | | | | | | | | European Indices at 16:00 IST on 20-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 3917.32 | -88.36 | -2.21 | | CAC 40 Index | 2973.45 | -114.44 | -3.71 | | DAX Index | 4213.07 | -141.02 | -3.24 | | | | | | | | | | | Asian Indices at close on 20-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 7703.04 | -570.18 | -6.89 | | Hang Seng Index | 12298.56 | -517.24 | -4.04 | | Kospi Index | 948.69 | -68.13 | -6.70 | | Straits Times Index | 1613.95 | -51.64 | -3.10 | | Jakarta Composite Index | 1154.97 | -25.38 | -2.15 | | | | | | | | 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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