| | | | Index Performance | | Index | Sensex | Nifty | | Open | 16,456.04 | 4,890.60 | | High | 16,570.57 | 4,984.95 | | Low | 16,397.17 | 4,889.65 | | Today's Cls | 16,481.20 | 4,958.40 | | Prev Cls | 16,244.19 | 4,887.30 | | Change | 237.01 | 71.10 | | % Change | 1.46 | 1.45 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Chambal Fertilisers | 70.05 | 23.11 | | TTML | 33.80 | 14.58 | | Nagarjuna Fertilizers | 46.80 | 12.91 | | i-flex | 1,289.80 | 12.60 | | Ispat Industries | 32.90 | 10.77 | | Losers | | HUL | 232.40 | -3.59 | | GSPL | 64.80 | -3.21 | | Thermax | 518.85 | -1.89 | | Gail India | 446.30 | -1.83 | | Essar Shipping | 167.05 | -1.74 | | | Market Statistics | | - | BSE | NSE | | Advances | 2,025 | 931 | | Declines | 703 | 260 | | Unchanged | 51 | 21 | | Volume(Nos) | 43.95cr | 74.28cr | | | | | | Market Commentary | | | Market keeps buoyancy afloat | | The Sensex clocked decent gains to close at 16,481 amid buying in heavyweights, realty, metal, IT (information technology) and banking stocks. | | The north-bound trend remained intact for the fourth straight session, with the Sensex registering smart gains on buying in heavyweights and other | | | | sectoral stocks. After opening with sharp gains of over 200 points over its last close at 16,456, the Sensex remained in the green and rallied past 16,550 to touch an intra-day high of 16,571 in early trades. However, the initial upsurge failed to gather momentum, as the index pared gains and later slowed down on lack of further buying interest. The Sensex came close to touch 16,400 towards the closing hours, but ended the session with gains of 237 points at 16,481. The Nifty gained 71 points to close at 4,958. | | | Movers & Shakers | - Parsvnath Developers rose on tying up with two Saffron Group funds for its first project in Mumbai.
- Kaashyap Technologies dropped despite entering into a MoU (Memorandum of Understanding) with Oceansoft Information System Co, China.
| | | |
The breadth of the market was positive. Of the 2,779 stocks traded on the BSE (Bombay Stock Exchange), 2,025 stocks advanced, 703 stocks declined and 51 stocks ended unchanged. On sectoral front, the BSE Realty index surged 3.99% at 7,638 followed by the BSE Metal index (up 3.73% at 14,661), the BSE IT index (up 3.60% at 4,150) and the BSE Bankex index (up 3.13% at 8,295). However, the BSE Oil & Gas index and the BSE FMCG index inched lower.
Among the gainers in heavyweights, HDFC Bank advanced 6.95% at Rs1,396.40, Hindalco rose 5.58% at Rs186.35, HDFC flared up 4.32% at Rs2,487.30, DLF scaled up 4.28% at Rs648.60, Infosys added 4.16% at Rs1,666.45, Tata Steel jumped 3.55% at Rs715.20 and Satyam Computer gained 3.28% at Rs468.95. However, HUL (Hindustan Unilever Ltd) dropped 3.59% at Rs232.40 and ACC lost 0.85% at Rs799.40, while L&T (Larson & Toubro), RIL (Reliance Industries Ltd), REL (Reliance Energy Ltd), ONGC (Oil and Natural Gas Corporation) and Ranbaxy Laboratories were marginally down.
Over 2.74 crore Ispat Industries shares changed hands on the BSE followed by Orchid Chemicals and Pharmaceuticals (2.19 crore shares), Nagarjuna Fertilisers (2.05 crore shares), Tata Telecommunications (1.80 crore shares) and Chambal Fertilisers and Chemicals (1.31 crore shares).
| | | | | | | | European Indices at 16:00 IST on 17-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6046.80 | 0.60 | 0.01 | | CAC 40 Index | 4891.33 | 36.23 | 0.75 | | DAX Index | 6701.92 | -0.92 | -0.01 | | | | | | | | | | | Asian Indices at close on 17-04-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13398.30 | 252.17 | 1.92 | | Hang Seng Index | 24258.96 | 380.61 | 1.46 | | Kospi Index | 1768.67 | 10.11 | 0.57 | | Straits Times Index | 3126.30 | 38.81 | 1.26 | | Jakarta Composite Index | 2341.78 | 3.86 | 0.16 | | | | | | | | 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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