| | | | Index Performance | | Index | Sensex | Nifty | | Open | 8,968.20 | 2,652.45 | | High | 9,061.72 | 2,762.60 | | Low | 8,658.53 | 2,643.35 | | Today's Cls | 9,026.72 | 2,752.25 | | Prev Cls | 8,695.53 | 2,654.00 | | Change | 331.19 | 98.25 | | % Change | 3.81 | 3.70 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Sterlite Industries | 231.00 | 12.88 | | IVRCL Infra | 136.30 | 10.10 | | ICICI Bank | 350.50 | 9.55 | | Deccan Chronicle | 45.30 | 9.03 | | HDFC Bank | 907.20 | 8.63 | | Losers | | Siemens | 223.70 | -16.55 | | Godrej Industries | 48.65 | -11.55 | | MMTC | 9856.00 | -10.76 | | Unitech | 25.90 | -9.28 | | Bhushan Steel | 413.00 | -8.60 | | | Market Statistics | | - | BSE | NSE | | Advances | 938 | 511 | | Declines | 1,222 | 666 | | Unchanged | 68 | 42 | | Volume(Nos) | 25.56cr | 51.49cr | | | | | | Market Commentary | | | Sensex hits triple tonne, Nifty close to tonne | | Eleventh-hour action in heavyweights, banking and oil stocks helps Sensex end firm at 9,027. | | Lack of clarity and weak Asian indices saw the Sensex gyrate over 72 points in early trades. After a positive opening, the Sensex eased on profit taking and touched the | 
| | | day's low of 8,659. The market thereafter moved within a range with a mixed bias before buying in select heavy weights and up-move in banking and oil stocks lifted the index to an intra-day high of 9,062. The Sensex ended the session with gains at 9,027, up 331 points and Nifty added 98 points to close at 2,752.
However, the market breadth was negative. Of the 2,228 stocks traded on the BSE, 1,222 stocks declined, while 938 stocks declined. Sixty-eight stocks ended unchanged. All the 13 sectoral indices ended in the green. The BSE Bankex led the pack of gaining sectoral indices rising by 5.96% and the BSE Oil gained 4.41% for the day. Other indices also ended with decent gains.
Buying was witnessed in select blue chip stocks. Sterlite Industries advanced 12.88% at Rs231, ICICI Bank jumped 9.55% at Rs350.50, HDFC Bank added 8.63% at Rs907.20, National Thermal Power Corporation gained 6.93% at Rs164.30, Reliance Industries climbed 6.11% at Rs1,137.20 and DLF moved up by 5.53% at Rs198.60. However, Mahindra & Mahindra dropped 2.55% at Rs269.60 and Maruti Suzuki India was down 0.50% at Rs532.30.
Banking stocks stole the show today. Oriental Bank vaulted 6.24% at Rs143, Axis Bank flared up 6.05% at Rs405.05, Bank of Baroda jumped 4.68% at Rs253.65 and Kotak Bank advanced 4.19% at Rs324.25. Bank of India, State Bank of India, Union Bank, Allahabad Bank and Punjab National Bank were up over 2-3% each.
Over 2.29 crore shares of Unitech changed hands on the BSE followed by Suzlon Energy (1.90 crore shares), GVK Power & Infrastructure (1.26 crore shares), Rajesh Export (0.65 lakh shares) and Reliance Natural Resources (0.61 crore shares). | | | | | | | | European Indices at 16:00 IST on 26-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4119.85 | -51.40 | -1.23 | | CAC 40 Index | 3145.76 | -63.80 | -1.99 | | DAX Index | 4521.29 | -39.13 | -0.86 | | | | | | | | | | | Asian Indices at close on 26-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8213.22 | -110.71 | -1.33 | | Hang Seng Index | 13369.45 | 490.85 | 3.81 | | Kospi Index | 1029.78 | 46.46 | 4.72 | | Straits Times Index | 1711.13 | 57.88 | 3.50 | | Jakarta Composite Index | 1193.15 | 39.01 | 3.38 | | | | | | | | 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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