| | | | Index Performance | | Index | Sensex | Nifty | | Open | 17,523.81 | 5,112.25 | | High | 17,674.06 | 5,212.35 | | Low | 17,137.99 | 5,055.15 | | Today's Cls | 17,650.57 | 5,200.70 | | Prev Cls | 17,349.07 | 5,110.75 | | Change | 301.50 | 89.95 | | % Change | 1.74 | 1.76 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | RPower | 450.40 | 8.05 | | Ipca Lab | 635.00 | 5.75 | | ACC | 818.35 | 5.69 | | Reliance Industries | 2,551.70 | 5.02 | | HMT | 87.35 | 4.99 | | Losers | | Hexaware | 78.80 | -4.54 | | Mirc Electronics | 22.70 | -4.22 | | ING Vysya Bank | 305.50 | -4.05 | | Bajaj Auto | 2,202.95 | -4.05 | | Adani Enterprises | 660.05 | -4.03 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,066 | 461 | | Declines | 1,605 | 734 | | Unchanged | 69 | 15 | | Volume(Nos) | 28.49cr | 40.28cr | | | | | | Market Commentary | | | Market overcomes early blues | | The market bounced back over 500 points from its day's low and ended firm above 17,650 on a broad-based rally. | | The market witnessed a dramatic turnaround in mid-morning trades and rallied sharply over 500 points to touch the day's high of 17,674 towards the close. | | | | The market remained firm for better part of the trading session, as positive Asian markets created a perfect platform for the bulls to pursue buying. The Sensex resumed 175 points higher at 17,524, but shed over 211 points to touch the day's low of 17,138 amid heavy selling in banking and consumer durable stocks. However, the index rolled back into the green on buoyancy in heavyweight, oil, and IT stocks. The Sensex finally closed the session with gains of 1.74% and was up 302 points at 17,651, while the Nifty advanced 1.76% and was up 90 points to close at 5,201.
Surprisingly, the market breadth was negative. Of the 2,740 stocks traded on the Bombay Stock Exchange (BSE), 1,066 stocks advanced, 1,605 stocks declined and 69 stocks ended unchanged. Out of the 13 sectoral indices, eleven indices ended higher while two indices eased on profit taking. The BSE oil & gas index gained 3.60% followed by the BSE IT index (up 1.90%), the BSE Teck index (up 1.32%) and the BSE HC index (up 1.26%). However, the BSE Bankex index and the BSE CD index ended at lower levels.
Heavyweights participated in the late rally and notched up significant gains. ACC soared 5.69% at Rs818, Reliance Industries advanced 5.02% at Rs2,552, Ambuja Cement added 4.43% at Rs123, Reliance Energy scaled up 4.29% at Rs1,623, Grasim rose 4.21% at Rs2,912, Maruti Suzuki jumped 4.07% at Rs798 and Wipro gained 4.06% at Rs440. Among the laggards Bajaj Auto dropped 4.04% at Rs2,203, HDFC Bank lost 3.54% at Rs1,423 while, HLL and M&M were marginally down.
Over 3.62 crore Tulsi Extrusion shares changed hands on the BSE followed by RNRL (1.79 crore shares), Reliance Power (1.77 crore shares), IRB Infrastructure (1.60 crore shares) and Centurion Bank Of Punjab (1.50 crore shares).
Reliance Power was the most actively traded counter on the BSE with a turnover of Rs782 crore followed by Tulsi Extrusion (Rs465 crore), IRB Infrastructure (Rs296 crore), RNRL (Rs241 crore) and Reliance Capital (Rs218 crore). | | | | | | | | European Indices at 16:15 IST on 25-02-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 5990.70 | 102.20 | 1.74 | | CAC 40 Index | 4915.03 | 90.48 | 1.88 | | Dax Index | 6896.18 | 89.89 | 1.32 | | | | | | | | | | | Asian Indices at close on 25-02-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei | 13914.57 | 414.11 | 3.07 | | Hang Seng | 23269.14 | -35.90 | -0.15 | | Kospi Index | 1709.13 | 22.68 | 1.34 | | Straits Times | 3064.95 | 16.31 | 0.53 | | Jakarta Composite | 2751.86 | 10.68 | 0.39 | | | | | | | | 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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