| | | | Index Performance | | Index | Sensex | Nifty | | Open | 20,637.21 | 6,271.00 | | High | 20,861.83 | 6,289.80 | | Low | 20438.19 | 6,193.35 | | Today's Cls | 20,812.65 | 6,279.10 | | Prev Cls | 20,686.89 | 6,274.30 | | Change | 125.76 | 4.8 | | % Change | 0.61 | 0.08 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Dredging Corp | 1169.60 | 11.94 | | Engineers India | 1161.60 | 10.00 | | TVS Motors | 77.35 | 9.33 | | Titan Ind | 1666.60 | 8.64 | | Parsvnath Developers | 574.20 | 8.52 | | Losers | | GIPCL | 167.85 | -5.52 | | EIH | 222.65 | -5.26 | | Hinduja Venture | 802.00 | -4.99 | | Indo Rama Synthetics | 68.75 | -4.91 | | HCL Tech | 299.70 | -4.68 | | | Market Statistics | | - | BSE | NSE | | Advances | 1572 | 515 | | Declines | 1338 | 664 | | Unchanged | 16 | 5 | | Volume(Nos) | 75.29cr | 91.92cr | | | | | | Market Commentary | | | Sensex displays solid strength | | Driven by sharp gains in heavyweight, FMCG, banking, and realty stocks, the market ended on a buoyant note at 20,813. | | The market witnessed a sharp pull-back after dipping around 250 points in early trades. The rally was mainly triggered by the buoyancy in heavyweights, FMCG, | | | | banking, and realty stocks. The Sensex resumed with a negative gap of 50 points at 20,637 tracking weak Asian indices on concerns of rising unemployment in US confirming the possible recession. However, sustained buying in frontline stocks thereafter helped the Sensex to turn positive to touch the day's high of 20,861. Firm openings in European indices also contributed to rally the market. The market saw profit bookings in the afternoon and shed some of its early gains but, it regained strength towards the close. The Sensex finally wrapped up the session at 20,813, up 126 points. The Nifty closed by adding five points at 6,279. | | | Movers & Shakers | - Advanta India tumbled despite acquiring the business of Unicom Seeds Ltd, which has a strong presence in the domestic and export markets of vegetable seeds.
- Marksans Pharma slipped despite the company's subsidiary, Marksans Pharma (UK) Ltd, entered into a definitive agreement to acquire 100% of the share capital of Hale Group Ltd, UK.
- L&T gained on securing major order of more than Rs1,300 crore from Cairn India.
- SEL Manufacturing Company fell despite acquiring manufacturing facilities of Preet Hosiery Exports Ltd, Ludhiana.
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Among the sectoral indices, the FMCG index led the upsurge with gains of 3.34% at 2,505 followed by the BSE Bankex index (up 2.46% at 12,198) and the BSE Realty index (up 2.40% at 13,604). The market breadth was positive. Of the 2,926 stocks traded on the BSE 1,572 stocks advanced, 1,338 stocks declined and 16 stocks ended unchanged.
Out of the 30 Sensex stocks, 12 managed to end in the green while 18 stocks ended with losses. ICICI Bank was the leading gainer and soared 6.11% at Rs1,364. ITC jumped 5.26% at Rs231, Reliance Communication shot up by 3.95% at Rs790, Reliance Energy advanced 2.94% at Rs2,584, HLL moved up by 2.55% at Rs237, DLF added 2.09% at Rs1,136 and Reliance Industries gained 1% at Rs3,016. Among the laggards Infosys dropped 3.35% at Rs1,638, ONGC shed 3.26% at Rs1,300, TCS declined by 2.88% at Rs976, Wipro fell 2.72% at Rs483 and HDFC Bank slipped 2.38% at Rs1,657.
Over 2.93 crore Reliance Natural Resources shares changed hands on the BSE followed by Centurion Bank of Punjab (2.80 crore shares), Hindustan Motors (2.34 crore shares), IFCI (2 crore shares) and Reliance Petroleum (1.71 crore shares).
Reliance Natural Resources registered a turnover of Rs651 crore on the BSE followed by Reliance Petroleum (Rs427 crore), Hindustan Motors (Rs214 crore), Parsvanath (Rs211 crore) and Centurion Bank of Punjab (Rs204 crore).
| | | | | | | | European Indices at 16:15 IST on 07-01-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6358.20 | 9.70 | 0.15 | | CAC 40 Index | 5467.12 | 20.33 | 0.37 | | Dax Index | 7833.99 | 23.83 | 0.30 | | | | | | | | | | | Asian Indices at close on 07-01-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei | 14500.55 | -190.86 | -1.30 | | Hang Seng | 27179.49 | -340.20 | -1.24 | | Kospi Composite | 1831.14 | -32.76 | -1.76 | | Straits Times | 3353.06 | -84.73 | -2.46 | | Jakarta Composite | 2776.41 | 11.22 | 0.41 | | | | | | | | 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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