| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,325.79 | 4,534.75 | | High | 15,465.81 | 4,718.40 | | Low | 14,930.08 | 4,533.90 | | Today's Cls | 14,994.83 | 4,573.95 | | Prev Cls | 14,833.46 | 4,533.00 | | Change | 161.37 | 40.95 | | % Change | 1.09 | 0.90 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Exide Industries | 64.05 | 11.88 | | Areva T&D India | 1,519.95 | 9.48 | | Sesa Goa | 3,160.95 | 9.12 | | Yes Bank | 137.15 | 8.50 | | Sintex Industries | 338.55 | 6.01 | | Losers | | Essar Shipping | 138.30 | -9.99 | | Gujarat NRE Coke | 124.50 | -7.68 | | Torrent Power | 99.85 | -6.64 | | IFCI | 40.95 | -6.29 | | Bank of India | 238.30 | -5.92 | | | Market Statistics | | - | BSE | NSE | | Advances | 758 | 348 | | Declines | 1,923 | 862 | | Unchanged | 68 | 20 | | Volume(Nos) | 31.06cr | 53.18cr | | | | | | Market Commentary | | | Sensex gains, ends off-highs | | The Sensex came off its highs and ended higher at 14,995. | | The market sentiment remained upbeat for the second straight session, but gains tapered off after the Sensex rallied past 15,450 in early trades. | | | | On the back of firm international indices, the Sensex opened with a sharp positive gap of 492 points at 15,326 and moved up sharply to touch the day's high of 15,466. However, the market came under a sharp bout of profit taking and was 100 points away from slipping below the yesterday's close, with the index slipping to an intra-day low of 14,930. However, steady to firm buying in afternoon trades once again lifted the Sensex past 15,000, but selective profit taking saw it close at 14,995, up 161 points. The Nifty gained 41 points to close at 4,574. | | | Movers & Shakers | - Tata Communications advanced on launching Cisco® certified TelePresence connection services globally.
- Sun Pharmaceutical Industries moved up on a report that the company has got Abbreviated New Drug Application (ANDA) approval from US Food and Drug Administration (USFDA).
- Larsen & Toubro logged gains on a report that the company is to add 4,000MW capacity per annum for super-critical boilers and steam turbine generators.
- Strides Arcolab slipped lower despite a report that the company has received its third injectable ANDA approval for Fosphenytoin injection 50mg/mL.
| | | |
The breadth of the market remained negative. Of the 2,749 stocks traded on the BSE, 1,923 stocks declined, 758 stocks advanced and 68 stocks ended unchanged. Except consumer durables , power and realty, all the eight sectoral indices ended in positive territory. The BSE IT index rose 2.14% at 3,370 and the BSE Teck index added 1.79% at 2,887.
Among the front-line stocks, Satyam Computers led the up-move and soared 5.24% at Rs389.95, Tata Motors rose 5.08% at Rs650.45, Wipro jumped 4.64% at Rs376.60 and M&M advanced 3.49% at Rs658.40. However, Hindalco dropped 4.09% at Rs154.95, HUL fell 2.49% at Rs225.30 and REL was down around 1.85% at Rs1,206.50.
IT stocks logged significant gains. Rolta India vaulted 2.53% at Rs260, NIIT flared up 2.37% at Rs99.45, HCL shot up by 2.33% at Rs255.05, Patni Computers advanced 2.25% at Rs207.15 and Infosys added 2.19% at Rs1,341.90. All the teck stocks also helped the Sensex to close in positive territory with Sun TV, Deccan Chronicle, Reliance Communications and Zee Enterprises gaining over 1-2% each.
Over 1.96 crore RNRL shares changed hands on the BSE followed by Ispat Industries (1.26 crore shares), RPL (1.07 crore shares), Essar Steel (0.83 crore shares) and Jaiprakash Associates (0.70 crore shares).
| | | | | | | | European Indices at 16:22 IST on 19-03-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5561.40 | -44.40 | -0.79 | | CAC 40 Index | 4561.19 | -21.40 | -0.47 | | DAX Index | 6358.64 | -34.75 | -0.54 | | | | | | | | | | | Asian Indices at close on 19-03-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 12260.44 | 296.28 | 2.48 | | Hang Seng Index | 21866.94 | 482.33 | 2.26 | | Kospi Index | 1622.23 | 121.53 | 1.51 | | Straits Times Index | 2833.21 | -0.37 | -0.01 | | Jakarta Composite Index | 2323.57 | -16.23 | -0.69 | | | | | | | | 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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