| | | | Index Performance | | Index | Sensex | Nifty | | Open | 13,581.41 | 3,990.90 | | High | 13,998.48 | 4,169.40 | | Low | 13,581.41 | 3,990.90 | | Today's Cls | 13,964.26 | 4,157.10 | | Prev Cls | 13,349.65 | 3,988.55 | | Change | 614.61 | 168.55 | | % Change | 4.60 | 4.23 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Lanco Infra | 320.75 | 13.60 | | Godrej Industries | 177.90 | 13.35 | | Reliance Infra | 835.45 | 10.66 | | Axis Bank | 669.75 | 10.08 | | MMTC | 20,616.95 | 10.00 | | Losers | | Financial Tech | 1804.50 | -1.55 | | Shriram Transport | 298.10 | -1.34 | | Engineers India | 495.25 | -1.23 | | GSK Pharma | 1,165.85 | -1.13 | | Phoenix Mills | 125.30 | -0.71 | | | Market Statistics | | - | BSE | NSE | | Advances | 2,130 | 1,044 | | Declines | 529 | 168 | | Unchanged | 67 | 18 | | Volume(Nos) | 33.64cr | 57.69cr | | | | | | Market Commentary | | | Firm global indices keep market buoyant | | The Sensex surges at beginning of the session with buying in realty and power stocks. | | The market exhibited strong optimism, as buoyancy in overseas markets triggered a major across-the-board rally. | 
| | | After registering heavy loss on yesterday's trade, the Sensex resumed with a positive gap of 231 points at 13,581. However, lack of new buying in heavyweights kept the Sensex range-bound. But, in the afternoon trades the Sensex scaled up on hectic buying and set another all-time high of 13,998. Firm close in other Asian indices also helped the market rally. The Sensex finally closed the session with gains of 615 points at 13,964. The Nifty closed by adding 169 points at 4,157. | | | Movers & Shakers | - ICSA India closed in the green after securing registration for its two designs from the patent office.
- IVRCL Infrastructures & Projects surged on bagging orders worth Rs409.71 crore.
| | | |
Among the sectoral indices, the BSE Realty led the upsurge with gains of 6.06% at 4,901 followed by the BSE Power (up 5.39% at 2,456), BSE Bankex Index (up 4.87% at 6,183) and BSE CG Index (up 4.70% at 11,365). However, the market breadth was positive. Of the 2,726 stocks traded on the BSE 2,130 stocks advanced, 529 stocks advanced and 67 stocks ended unchanged.
All the 30 Sensex stocks managed to end in the green. Reliance Energy was the leading gainer and soared 10.66% at Rs835.45. Tata Motors jumped 7.49% at Rs404.55, ITC shot up by 6.78% at Rs171.85, Reliance Communications advanced 6.15% at Rs440.95, Tata Consultancy Services moved up by 5.92% at Rs875.65, HDFC Bank added 5.72% at Rs1,058, BHEL gained 5.14% at Rs1,575.30 and Reliance Industries gained 5.12% at Rs2,079.95. The remaining sensex stocks were up over 1-4% each.
Over 2.58 crore Reliance Natural Resources shares changed hands on the BSE followed by IFCI (1.86 crore shares), Idea Cellular (1.26 crore shares), Indusind Bank (1.04 crore shares) and Ispat Industries (0.94 crore shares).
| | | | | | | | European Indices at 16:15 IST on 09-07-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5509.30 | 68.80 | 1.26 | | CAC 40 Index | 4320.83 | 45.22 | 1.06 | | DAX Index | 6371.14 | 66.73 | 1.06 | | | | | | | | | | | Asian Indices at close on 09-07-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13052.13 | 19.03 | 0.15 | | Hang Seng Index | 21805.81 | 585.00 | 2.76 | | Kospi Index | 1519.38 | -14.09 | -0.92 | | Straits Times Index | 2917.62 | 31.00 | 1.07 | | Jakarta Composite Index | 2286.02 | 7.05 | 0.31 | | | | | | | | 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 | |
