Sensex

Friday, June 13, 2008

DG - FW: Sharekhan Post-Market Report dated June 13, 2008

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 13 June 2008 17:10
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated June 13, 2008

 

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June 13, 2008

 

Index Performance

Index

Sensex

Nifty

Open

15,327.10

4,539.50

High

15,337.10

4,563.35

Low

15,135.81

4,491.35

Today's Cls

15,189.62

4,517.10

Prev Cls

15,250.20

4,539.35

Change

-60.58

-22.25

% Change

-0.40

-0.49

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Sintex Industries

418.15

12.69

Chambal Fertilisers

91.15

9.49

Rajesh Exports

86.25

8.76

i-flex

1,321.30

8.52

Indusind Bank

75.10

5.92

Losers

Phoenix Mills

244.10

-6.87

Tata Comm.

419.50

-5.89

Indiabulls Real Estate

373.15

-5.52

JSW Steel

946.60

-5.05

ABG Shipyard

418.30

-4.93

Market Statistics

-

BSE

NSE

Advances

1,445

611

Declines

1,156

588

Unchanged

77

41

Volume(Nos)

32.79cr

53.79cr

 Market Commentary 

Market trips on volatile moves

The market ended in red after witnessing an intra-day swing of 61 points.

The market remained under the grip of strong volatile moves as key indices kept swinging between positive and negative zones all through the session.  

 

After resuming slightly above its last close at 15,327, the market snapped gains in the early trades before frenzied buying propelled the Sensex to an intra-day high of 15,337. While the market failed to make any further impact thereafter, the index drifted into red once again in noon trades to touch the day's low of 15,136. The Sensex, after witnessing an intra-day swing of 201 points, ended 61 points down at 15,190, while Nifty declined 22 points to close at 4,517.


However, the market breadth was positive. Of the 2,678 stocks traded on the BSE, 1,445 stocks advanced, 1,156 stocks declined and 77 stocks ended unchanged. In a volatile market, the BSE CD index rose 1.74% while the BSE HC index, the BSE Bankex index, the BSE CG index and the BSE PSU index ended with steady gains. Other sectoral indices however ended at lower levels.

Dragging the market Jaiprakash Associates shed 4.03% at Rs177.50, DLF dipped 3.61% at Rs476.95, HDFC Bank lost 3.45% at Rs1,118, Cipla slipped 2.63% at Rs210.50, Hindustan Unilever lost 2.54% at Rs225.10 and Reliance Infra was down 2.50% at Rs1,010. Maruti, Tata Steel, HDFC, Grasim, Hindalco, M&M, ITC and NTPC were down 1% each. Ranbaxy Laboratories however advanced 4.31% at Rs566.90 followed by ICICI Bank that gained 3.03% at Rs764.80. BHEL scaled up 2.79% at Rs1,561.10 and TCS moved up 2.16% at Rs907.65. Tata Motors, ONGC, Reliance Communications, ACC and L&T ended with steady gains.

Over 2.80 crore Chambal Fertiliser shares changed hands on the BSE followed by Nagarjuna Fertilisers (1.78 crore shares), Reliance Petroleum (1.37 crore shares), Reliance Natural Resources (1.29 crore shares) and IFCI (1.26 crore shares).

European Indices at 16:41 IST on 13-06-2008

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

5761.20

-29.30

-0.51

CAC 40 Index

4635.58

-36.72

-0.79

DAX Index

6688.84

-25.68

-0.38

Asian Indices at close on 13-06-2008

Index

Level

Change (pts)

Change (%)

Nikkei 225

13973.73

85.13

0.61

Hang Seng Index

22592.30

-431.56

-1.87

Kospi Index

1747.35

7.99

0.46

Straits Times Index

2979.56

-40.59

-1.34

Jakarta Composite Index

2398.48

-10.60

-0.44

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