| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,771.72 | 4,735.65 | | High | 15,834.05 | 4,800.75 | | Low | 15,297.96 | 4,628.75 | | Today's Cls | 15,626.62 | 4,739.55 | | Prev Cls | 15,644.44 | 4,734.50 | | Change | -17.82 | 5.05 | | % Change | -0.11 | 0.11 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Spice Tele | 30.75 | 10.81 | | MRPL | 85.85 | 10.28 | | Essar Shipping | 155.55 | 7.20 | | RPL | 167.10 | 6.94 | | Suzlon Energy | 280.75 | 6.51 | | Losers | | BHEL | 1,891.85 | -8.01 | | Crompton Greaves | 253.90 | -7.72 | | Axis Bank | 721.10 | -7.69 | | Sesa Goa | 2,923.60 | -6.60 | | M & M | 650.30 | -6.52 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,728 | 670 | | Declines | 920 | 509 | | Unchanged | 47 | 19 | | Volume(Nos) | 24.02cr | 38.99cr | | | | | | Market Commentary | | | Market ends flat | | After gyrating 536 points during intra-day trades, the Sensex ended with marginal losses on selective buying. | | The market displayed volatility and witnessed fluctuating trend during the intra-day trades before selective buying towards the fag end saw the Sensex end | | | | with modest gains. Although the Sensex started on a firm note at 15,772, the market was choppy for a while before a strong bout of buying support lifted the index above the 15,800 mark to an intra-day high of 15,834. However, the gains faded by mid-morning trades on resumption of selling, with the index falling sharply in the afternoon to touch the day's low of 15,298. The Sensex thereafter steadily erased its losses and finally ended the session with a small loss of 18 points at 15,627, while the Nifty added five points to close at 4,740. | | | Movers & Shakers | - Provogue India rose on reports that Triangle India Fund is to invest Rs457 crore in Provogue India’s subsidiary.
- Sunil Hitech flared up on reports that the company has bagged order worth Rs100.68 crore.
- Dr Reddy’s Laboratories inched marginally higher on a report that it has entered into a definitive agreement with Dow Chemical Company.
| | | |
The market breadth was positive. Of the 2,695 stocks traded on the Bombay Stock Exchange (BSE) 1,728 stocks advanced, 920 stocks declined and 47 stocks ended unchanged. On sectoral front, the BSE Oil & Gas Index was the major gainer and moved up by 3.36% at 10,354, while the BSE FMCG and the BSE CD Index were up around 0-2% each. However, the BSE CG Index, the BSE Metal Index, the BSE Auto Index, the BSE Realty Index and the BSE Power Index were the main laggards. The remaining indices were marginally down.
Buying in select blue chips helped the index end in positive territory. Among the gainers, HLL gained nearly 4.31% at Rs238.55, RIL added 3.56% at Rs2,345.10, Reliance Energy jumped 2.97% at Rs1,288, TCS jumped 2.95% at Rs834.80 and ONGC moved up by 2.88% at Rs1,009.65. Reliance Communications, ITC, Hindalco, SBI and Ranbaxy Laboratories ended with steady gains. Selling was witnessed in several frontline counters. BHEL shed 8.01% at Rs1,891.85, M&M dropped 6.52% at Rs650.30, Larsen & Toubro declined 4.30% at Rs2,894.75, Wipro fell by 3.83% at Rs409 and Tisco lost 3.71% at Rs667.40 while DLF, Bharti Airtel, ICICI Bank, Maruti and HDFC ended with steady losses.
Oil & Gas stocks were in the limelight. RPL rose 6.94% at Rs167.10, Essar Oil advanced 6.17% at Rs216.65, RIL jumped 3.56% at Rs2,345 and BPCL added 3.38% at Rs425.15. ONGC, Cairn India, RNRL, Indian Oil and HPCL were higher by over 1% each.
Over 1.30 crore RPL shares changed hands on the BSE followed by RNRL (1.22 crore shares), Ispat Industries (89.42 lakh shares), Bellary Steel (69.54 lakh shares) and Essar Oil (65.22 lakh shares).
| | | | | | | | European Indices at 16:24 IST on 01-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5743.60 | 41.50 | 0.73 | | CAC 40 Index | 4771.56 | 64.49 | 1.37 | | DAX Index | 6629.40 | 94.43 | 1.44 | | | | | | | | | | | Asian Indices at close on 01-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 12656.42 | 130.88 | 1.04 | | Hang Seng Index | 23137.46 | 288.26 | 1.26 | | Kospi Index | 1702.25 | -1.74 | -0.10 | | Straits Times Index | 3046.54 | 39.18 | 1.30 | | Jakarta Composite Index | 2393.25 | -54.04 | -2.21 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |
.png)
