| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,267.03 | 4,282.25 | | High | 14,421.61 | 4,352.65 | | Low | 14,219.38 | 4,282.25 | | Today's Cls | 14,349.11 | 4,332.10 | | Prev Cls | 14,274.94 | 4,311.85 | | Change | 74.17 | 20.25 | | % Change | 0.52 | 0.47 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Phoenix Mills | 182.25 | 9.89 | | Edelweiss Capital | 605.00 | 6.31 | | Century Textiles | 495.65 | 6.13 | | GVK Power | 39.50 | 5.61 | | RCF | 69.25 | 5.16 | | Losers | | Lanco Infra | 349.75 | -5.22 | | ABB | 792.05 | -4.98 | | Vijaya Bank | 37.60 | -4.57 | | Sintex Industries | 323.90 | -4.52 | | Nagarjuna Construction | 136.00 | -4.12 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,767 | 839 | | Declines | 848 | 354 | | Unchanged | 77 | 23 | | Volume(Nos) | 27.82cr | 49.08cr | | | | | | Market Commentary | | | Market ends higher amid volatility | | After witnessing an intra-day swing of 203 points, Sensex ends with steady gains on selective buying interest. | | The market showed signs of easing off in the first half of the trading session, as Sensex dropped nearly 56 points, but a recovery in the afternoon and selective buying towards the close saw | 
| | | the index end higher. Exhibiting sharp volatility in the early trades, Sensex resumed with a marginal negative gap of 8 points at 14,267 and soon touched an intra-day low of 14,219 on sustained buying support. However, the market soon drifted into positive territory, as a sharp bout of buying pressure turned the index to an intra-day high of 14,422. Sensex once again notched up significant gains on renewed buying support before profit taking saw the index shed some gains and end the session at 14,349, up 74 points. The broad based Nifty ended the day with the gain 20 points at 4,332.
The market breadth was positive. Of the 2,692 stocks traded on the BSE, 1,767 stocks advanced, while only 848 stocks declined; 77 stocks ended unchanged. All the sectoral indices ended with steady gains, except BSE Metal index and BSE Power index. BSE Metal index dropped 1% at 12,366 while the BSE Power index declined by 0.29% at 2,580.
Select heavyweights helped Sensex close higher for the day. Larsen & Toubro rose by 3.79% at Rs2,715, Tata Power advanced by 3.56% at Rs1,051.60, ACC surged 3.47% at Rs594.20 and ONGC gained 3% at Rs1,012.50. Among the other major gainers, Ranbaxy Laboratories jumped 2.60% at Rs493.75, Reliance Communications notched up gains of 1.82% at Rs512.25 and DLF gained 1.58% at Rs498.50. However, Strelite Industries dropped 3.47% at Rs582.25, Hindalco tumbled 2.54% at Rs145.65, Tata Steel shed 2.26% at Rs603.95, Mahindra & Mahindra lost 2.17% at Rs528.50 and SBI lost 2.12% at Rs1,418.05. NTPC, JP Associates, Grasim Industries and Infosys also ended in negative territory. | | | | | | | | European Indices at 15:33 IST on 28-07-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5344.00 | -8.60 | -0.16 | | CAC 40 Index | 4332.62 | -44.56 | -1.02 | | DAX Index | 6377.94 | -58.77 | -0.91 | | | | | | | | | | | Asian Indices at close on 28-07-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13353.78 | 19.02 | 0.14 | | Hang Seng Index | 22687.21 | -53.50 | -0.24 | | Kospi Index | 1598.29 | 0.36 | 0.02 | | Straits Times Index | 2910.36 | -12.55 | -0.43 | | Jakarta Composite Index | 2275.67 | 30.33 | 1.35 | | | | | | | | 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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