Sensex

Thursday, August 07, 2008

DG - FW: Sharekhan Post-Market Report dated August 07, 2008

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 07 August 2008 16:31
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated August 07, 2008

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

Error! Filename not specified. 

August 07, 2008

 

Index Performance

Index

Sensex

Nifty

Open

15,031.86

4,515.25

High

15,280.06

4,580.15

Low

14,992.97

4,493.70

Today's Cls

15,117.25

4,523.85

Prev Cls

15,073.54

4,517.55

Change

43.71

6.30

% Change

0.29

0.14

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Ansal Infra

104.70

14.87

Dish TV

37.55

11.59

Lakshmi Machine

1198.90

5.31

Adlabs Films

551.35

4.70

Deccan Chronicle

118.10

4.51

Losers

Chennai Petroleum

296.40

-4.66

Sintex Industries

353.40

-4.12

Sobha Developers

282.80

-3.79

Jai Corp

392.05

-3.63

Triveni Engineering

111.55

-3.50

Market Statistics

-

BSE

NSE

Advances

1,406

626

Declines

1,284

582

Unchanged

95

34

Volume(Nos)

33.65cr

58.93cr

 Market Commentary 

Sensex ends flat

After intra-day swing of 287 points the Sensex ends on a flat note

In a spiritless trading session, the market displayed a range-bound trend with select bouts of buying and selling activities.  

 

After opening 42 points lower over its previous close of 15,032, the Sensex scaled lower to touch an intra-day low of 14,993. In mid session, the market remained steady, however the sentiment turned bullish at the end of the session and the index rose to the day's high of 15,280. However, the Sensex on the back of selective pivotals in the stocks ended on a flat note at 15,074, up 44 points. The Nifty however advanced by six points to close at 4,524. The market breadth was positive. Of the 2,785 stocks, 1,406 stocks rose, 1,284 stocks fell and the remaining stocks ended unchanged. 

Sectoral indices showed a mixed result. The BSE CD, BSE Auto index, BSE IT index, BSE Realty index, BSE Bankex index, BSE FMCG index, BSE HC index and BSE Metal index ended with gains, whereas BSE CG index, BSE Power index, BSE PSU index, BSE Oil & Gas index and BSE Teck index ended with losses. 

Among gainers, Sterlite Industries flared up 4.43% at Rs614, Tata Motors moved up 4.10% at Rs444.20, HDFC jumped 3.37% at Rs2,476.60, HDFC Bank gained 3.03% at Rs1,253.70, Grasim Industries scaled up by 2.49% at Rs2,089.35, Mahindra & Mahindra was up 2.48% at Rs575.95, Maruti Suzuki India gained 2.41% at Rs668.55 and Satyam Computer Services advanced up 2.25% at Rs416.55. DLF, NTPC, Infosys, Relilance Infra, JPAssociates and ITC reported steady gains. However, BHEL dropped 2.88% at Rs1,774.65, Bharti Airtel shed 2.25% at Rs850.15 and Ranbaxy Laboratories dipped 1.78% at Rs438.55. Hindustan Unilever, Wipro, and Tata Power were marginally down. 

Over 2.91 crore Reliance Natural Resources shares changed hands followed by Ispat Industries (1.40 crore shares), Tata Teleservices Maharashtra Ltd (1.18 crore shares) and Kaashyap Technologies (0.88 crore shares).

European Indices at 16:00 IST on 07-08-2008

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

5515.80

29.70

0.54

CAC 40 Index

4496.35

48.02

1.08

DAX Index

6587.00

25.61

0.39

Asian Indices at close on 07-08-2008

Index

Level

Change (pts)

Change (%)

Nikkei 225

13124.99

-129.90

-0.98

Hang Seng Index

22104.20

154.45

0.70

Kospi Index

1564.00

-14.71

-0.93

Straits Times Index

2834.71

-52.07

-1.80

Jakarta Composite Index

2199.01

11.80

0.54

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.

Health Groups

for people over 40

Join people who are

staying in shape.

Discover photos

and scrapbooking

groups in the

Familyographer Zone

.

__,_._,___

DG - Keep the Spark Alive !!!

Keep the Spark Alive

By Chetan Bhagat

Inaugural Speech for the new batch at the Symbiosis BBA program, Pune
23rd June, 2008

Good Morning everyone and thank you for giving me this chance to speak
to you. This day is about you. You, who have come to this college,
leaving the comfort of your homes (or in some cases discomfort), to
become something in your life. I am sure you are excited. There are few
days in human life when one is truly elated. The first day in
college is one of them. When you were getting ready today, you felt a
tingling in your stomach. What would the auditorium be like, what
would the teachers be like, who are my new classmates - there is so
much to be curious about. I call this excitement, the spark within you
that makes you feel truly alive today. Today I am going to talk about
keeping the spark shining. Or to put it another way, how to be happy
most, if not all the time.

Where do these sparks start? I think we are born with them. My 3-year
old twin boys have a million sparks. A little Spiderman toy can make
them jump on the bed. They get thrills from creaky swings in the park.
A story from daddy gets them excited. They do a daily countdown for
birthday party - several months in advance - just for the day
they will cut their own birthday cake.

I see students like you, and I still see some sparks. But when I see
older people, the spark is difficult to find. That means as we age,
the spark fades. People whose spark has faded too much are dull,
dejected, aimless and bitter. Remember Kareena in the first half of Jab
We Met vs. the second
half? That is what happens when the spark is lost. So how to save
the
spark?

Imagine the spark to be a lamp's flame. The first aspect is nurturing -
to give your spark the fuel, continuously. The second is to guard
against storms.

To nurture, always have goals. It is human nature to strive, improve
and achieve full potential. In fact, that is success. It is what is
possible for you. It isn't any external measure - a certain cost to
company pay package, a particular car or house.

Most of us are from middle class families. To us, having material
landmarks is success and rightly so. When you have grown up where
money constraints force everyday choices, financial freedom is a
big achievement. But it isn't the purpose of life. If that was the
case, Mr.. Ambani would not show up for work. Shah Rukh Khan would stay
at home and not dance anymore. Steve Jobs won't be working hard to
make a better iPhone, as he sold Pixar for billions of dollars
already. Why do they do it? What makes them come to work everyday?
They do it because it makes them happy. They do it because it makes
them feel alive. Just getting better from current levels feels good.
If you study hard, you can improve your rank. If you make an effort to
interact with people, you will do better in interviews. If you practice,
your cricket will get better. You may also know that you cannot
become Tendulkar, yet. But you can get to the next level. Striving for
that next level is important.

Nature designed with a random set of genes and circumstances in which
we were born.. To be happy, we have to accept it and make the most of
nature's design. Are you? Goals will help you do that.

I must add, don't just have career or academic goals. Set goals to give
you a balanced, successful life. I use the word balanced before
successful.
Balanced means ensuring your health, relationships, mental peace are all
in good order.

There is no point of getting a promotion on the day of your breakup.
There is no fun in driving a car if your back hurts. Shopping is not
enjoyable if your mind is full of tensions.

You must have read some quotes - Life is a tough race, it is a marathon
or whatever. No, from what I have seen so far, life is one of those
races in nursery school, where you have to run with a marble in a spoon
kept in your mouth. If the marble falls, there is no point coming first.
Same with life, where health and relationships are the marble. Your
striving is only worth it if there is harmony in your life. Else, you
may achieve the success, but this spark, this feeling of being excited
and alive, will start to die.

One last thing about nurturing the spark - don't take life seriously.
One of my yoga teachers used to make students laugh during classes. One
student asked him if these jokes would take away something from the
yoga practice.
The teacher said - don't be serious, be sincere. This quote has defined
my work ever since. Whether its my writing, my job, my relationships or
any of my goals. I get thousands of opinions on my writing
everyday. There is heaps of praise, there is intense criticism. If I
take it all seriously, how will I write? Or rather, how will I
live? Life is not to be taken seriously, as we are really temporary
here. We are like a pre-paid card with limited validity. If we are
lucky, we may last another 50 years. And 50 years is just 2,500
weekends. Do we really need to get so worked up?
It's ok, bunk a few classes, goof up a few interviews, fall in love. We
are people, not programmed devices.

I've told you three things - reasonable goals, balance and not taking
it too seriously that will nurture the spark. However, there are four
storms in life that will threaten to completely put out the flame.
These must be guarded against. These are disappointment,
frustration, unfairness and loneliness of purpose.

Disappointment will come when your effort does not give you the
expected return. If things don't go as planned or if you face
failure. Failure is extremely difficult to handle, but those that do
come out stronger. What did this failure teach me? is the question you
will need to ask. You will feel miserable. You will want to quit,
like I wanted to when nine publishers rejected my first book. Some
IITians kill themselves over low grades - how silly is that? But that
is how much failure can hurt you. But it's life. If challenges could
always be overcome, they would cease to be a challenge. And remember -
if you are failing at something, that means you are at your limit or
potential. And that's where you want to be.

Disappointment's cousin is frustration, the second storm. Have you
ever been frustrated? It happens when things are stuck. This is
especially relevant in India. From traffic jams to getting that
job you deserve, sometimes things take so long that you don't know if
you chose the right goal. After books, I set the goal of writing for
Bollywood, as I thought they needed writers. I am called extremely
lucky, but it took me five years
to get close to a release. Frustration saps excitement, and turns
your
initial energy into something negative, making you a bitter person. How
did I deal with it? A realistic assessment of the time involved - movies
take a long time to make even though they are watched quickly, seeking
a certain enjoyment in the process rather than the end result -
at least I was learning how to write scripts, having a side plan - I
had my third book to write and even something as simple as pleasurable
distractions in your life
- friends, food, travel can help you overcome it. Remember, nothing is
to be taken seriously. Frustration is a sign somewhere, you took
it too seriously.

Unfairness - this is hardest to deal with, but unfortunately that is
how our country works. People with connections, rich dads, beautiful
faces, pedigree find it easier to make it - not just in Bollywood, but
everywhere.
And sometimes it is just plain luck. There are so few opportunities
in India, so many stars need to be aligned for you to make it happen.
Merit and hard work is not always linked to achievement in the short
term, but the long term correlation is high, and ultimately things do
work out. But realize, there will be some people luckier than you. In
fact, to have an opportunity to go to college and understand this
speech in English means you are pretty damn lucky by Indian standards.
Let's be grateful for what we have and get the strength to accept what
we don't. I have so much love from my readers that other writers cannot
even imagine it. However, I don't get literary praise. It's ok. I
don't look like Aishwarya Rai, but I have two boys who I think are
more beautiful than her. It's ok. Don't let unfairness kill your spark.

Finally, the last point that can kill your spark is isolation. As you
grow older you will realize you are unique. When you are little, all
kids want Ice cream and Spiderman. As you grow older to college, you
still are a lot like your friends. But ten years later and you realize
you are unique. What you want, what you believe in, what makes you
feel, may be different from even the people closest to you. This can
create conflict as your goals may not match with others. . And you may
drop some of them. Basketball captains in college invariably stop
playing basketball by the time they have their second child. They give
up something that meant so much to them. They do it for their family.
But in doing that, the spark dies. Never, ever make that compromise.
Love yourself first, and then others.

There you go. I've told you the four thunderstorms -
disappointment, frustration, unfairness and isolation. You cannot
avoid them, as like the monsoon they will come into your life at
regular intervals. You just need to keep the raincoat handy to not let
the spark die.

I welcome you again to the most wonderful years of your life. If
someone gave me the choice to go back in time, I will surely choose
college. But I also hope that ten years later as well, your eyes will
shine the same way as they do today.. That you will Keep the Spark
alive, not only through college, but through the next 2,500 weekends.
And I hope not just you, but my whole country will keep that spark
alive, as we really need it now more than any moment in history. And
there is something cool about saying - I come from the land of a billion
sparks.

__._,_.___
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.

Yahoo! Groups

Stay healthy

and discover other

people who can help.

.

__,_._,___