Sensex

Wednesday, August 06, 2008

DG - FW: Sharekhan Post-Market Report dated August 06, 2008

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 06 August 2008 17:04
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated August 06, 2008

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

 

August 06, 2008

 

Index Performance

Index

Sensex

Nifty

Open

15,263.65

4,506.25

High

15,422.82

4,615.90

Low

15,035.60

4,503.90

Today's Cls

15,073.54

4,517.55

Prev Cls

14,961.07

4,502.85

Change

112.47

14.70

% Change

0.75

0.33

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Triveni Engineering

115.60

13.84

Bajaj Holdings

420.50

12.07

TV18

240.80

6.81

Maruti Suzuki

652.80

6.25

Bajaj Hindusthan

182.95

6.00

Losers

i-flex

1,342.40

-7.18

BOB

281.00

-5.94

Ispat Industries

27.45

-5.83

JSW Steel

789.10

-5.69

NALCO

406.70

-5.09

Market Statistics

-

BSE

NSE

Advances

1,266

525

Declines

1,444

681

Unchanged

76

37

Volume(Nos)

42.99cr

76.15cr

 Market Commentary 

Market trims gains, closes above 15,000

Profit taking in most of the counters saw the market come off its new intra-day high of 15,423 and end above the 15,050 mark.

The market held firm ground in the first half of the trading session, which saw the Sensex gain over 450 points.  

 

Backed by strong Asian markets and overall bullish mood, the market witnessed sharp upmove in most of the frontline and sector-based counters that triggered a major rally and lifted the Sensex to a new intra-day high of 15,423. The rally began to fizzle out in noon trades as extended selling pressure in most of the heavyweights dragged the index to a low of 15,036 in late trades, up 75 points from its last close of 14,961. The Sensex signed off the session above the 15,050 mark at 15,074, up 112 points, while Nifty advanced 15 points to close at 4,518.

Movers & Shakers

  • Subhash Projects & Marketing inched lower despite receiving an order for Rs318.00 crore from the Public Health Engineering Department, government of Rajasthan.


The breadth of the market was however negative. Of the 2,786 stocks traded on the BSE 1,444 stocks ended lower, 1,266 stocks ended up and 76 stocks remained unchanged. The sectoral indices had a mixed day. The BSE Auto index rose over 2%, while the BSE capital goods (CG) index, BSE Teck index and BSE information technology (IT) index were up with steady gains. The BSE Metal index, BSE public sector unit (PSU) index, BSE Power index, BSE Realty index and BSE health care (HC) index however ended lower.

Select blue chip stocks notched up significant gains. Maruti Suzuki India led the pack with gains of over 6.25% at Rs652.80. Among other gainers, Tata Motors advanced 4.31% at Rs426.70, Bharti Airtel added 3.59% at Rs869.70, ACC scaled up 3.48% at Rs637.60, Tata Consultancy Services jumped by 3.32% at Rs858.45 and HDFC Bank flared up 2.74% at Rs1,216.80. Mahindra & Mahindra, Larsen & Toubro, Hindustan Unilever and ICICI Bank ended with decent gains. Weakness in select counters trimmed the gains of the index to a greater extent. Tata Steel at Rs645.65, Tata Power at Rs1061.10, State Bank of India at Rs1,523.70, Reliance Infra at Rs1,011, HDFC at Rs2,395.80 DLF at Rs544.60 and NTPC at Rs180.25 declined over 1-4% each.

Auto stocks registered decent gains. Bajaj Auto soared 5.77% at Rs559.45, Bharat Forge scaled up 5.19% at Rs269.70, Tata Motors moved up by 4.31% at Rs426.70 and Apollo Tyres gained 2.86% at Rs32.40. Mahindra & Mahindra, Ashok Leyland, MRF and Exide were up around 1.2% each.

Over 3.57 crore Reliance Natural Resources shares changed hands on the BSE followed by Ispat industries (1.42 crore shares), Kashyap Tech (1.27 Crore shares), IFCI (1.09 crore shares) and Tata Teleservices (85.87 lakh shares).

European Indices at 16:35 IST on 06-08-2008

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

5451.60

-2.90

-0.05

CAC 40 Index

4407.43

21.08

0.48

DAX Index

6510.18

-8.52

-0.13

Asian Indices at close on 06-08-2008

Index

Level

Change (pts)

Change (%)

Nikkei 225

340.23

340.23

2.63

Hang Seng Index

21949.75

-

-

Kospi Index

1578.71

43.17

2.81

Straits Times Index

2886.78

26.27

0.92

Jakarta Composite Index

2187.20

1.58

0.07

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

 

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

New business?

Get new customers.

List your web site

in Yahoo! Search.

Discover Tips

on healthy living

and healthy eating

on Yahoo! Groups.

.

__,_._,___

DG - Special Offers Only For DreamGains Members!!!

Dear Members

 

For Your Information...!!

Do see if its anyways helpful to you.

 

Thanks & Regards

 

Rohit

 

From: Valueleaf Services [mailto:admin@valueleaf.com]
Sent: 06 August 2008 14:04
To: 'RoHiT'
Subject: Special Offers Only For DreamGains Members!!!

 

Dear Sir/Mam,

 

Valueleaf Services provides Bulk SMS Solution, Short Codes (56767), Any End-2-End SMS Related Solution. We are confident, we can give you everything related to SMS service @ your price. We understand your business need and thus would provide you solutions as per your requirement.  

 

We are just one call away 2 guide you on:

·         How to increase your sales?

·         How to improve your CRM ( Customer Relationship Management)?

·         How to reduce operational/Marketing cost?

·         How to drive more traffice to your website?

 

Over all, we assure you  growth in your business.

 

For Handsome returns, We also welcome resellers & channel partners across India. Feel free to contact us!!!

 

For a free demo, just visit http://www.valueleaf.com/contact.html and we will contact you.

 

Regards,

Valueleaf Services

91 80 2657 6425 T

91 98801  72670 M

info@valueleaf.com

www.valueleaf.com

logo

 

"We don't do things to get by...We do things to get ahead”

 

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

Need traffic?

Drive customers

With search ads

on Yahoo!

Learn to live

a full life with these

healthy living

groups on Yahoo!

.

__,_._,___

DG - Happy Anniversary....!!

Dear DG Members

 

I would like to wish you a very happy anniversary of our DreamGains Yahoo Group.

Today our yahoo group has already completed 3 wonderful and successful years.

I would like to have feedback on it and would like to know how can we be better than ever.

 

I wish you all a very happy trading & investment and another successful years.

 

Today, we are announcing that soon we will be back in the Market with our Premium Paid Services.

 

Wish you Happy Anniversary once again.

 

Thanks & Regards

 

RoHiT

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

Ads on Yahoo!

Learn more now.

Reach customers

searching for you.

Best of Y! Groups

Check out the best

of what Yahoo!

Groups has to offer.

.

__,_._,___