| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,036.57 | 1,518.35 | | High | 15,228.82 | 4,546.35 | | Low | 14,888.12 | 4,464.00 | | Today's Cls | 15,167.82 | 4,529.50 | | Prev Cls | 15,117.25 | 4,523.85 | | Change | 50.57 | 5.65 | | % Change | 0.33 | 0.12 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | EIH | 134.30 | 10.04 | | Pentaloon Retail | 404.00 | 6.82 | | Tata Chemicals | 346.85 | 6.49 | | Torrent Power | 114.50 | 6.17 | | Kotak Bank | 638.95 | 6.04 | | Losers | | Cairn India | 232.90 | -5.15 | | Voltas | 137.20 | -4.76 | | Indian Hotels | 81.80 | -4.16 | | Ambjuja Cements | 87.00 | -3.49 | | Ansal Infra | 101.15 | -3.39 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,323 | 571 | | Declines | 1,405 | 626 | | Unchanged | 71 | 36 | | Volume(Nos) | 34.25cr | 57.66cr | | | | | | Market Commentary | | | Last minute buying lifts market | | After witnessing volatile intra-day moves, the markets finally end bit higher. | | While majority of the Asian markets took a sharp dip today, the domestic indices shrugged off the volatile intra-day moves and closed a bit positive. | 
| | | The Sensex opened at 15,037, 81 points below its previous close and declined below the 14,900 mark in the early trades. Displaying sideways movement for a while, the index resumed its drop and drifted into the red. It tumbled sharply in the early noon trades to touch the day's low of 14,888, down 229 points from its last close. The last hour however witnessed hectic activity and selective buying saw the Sensex recover the losses and end in the green with a gain of 51 points at 15,168. Nifty too after a mixed outing, moved up 6 points to close at 4,530. | | | Movers & Shakers | - SEL Manufacturing moved down sharply, despite the reports that the company has received export order for 1.1 million pieces of readymade inner wears.
- Deep Industries flared up on the reports that the company has secured contract from Chennai Petroleum Corporation for compression of natural gas at Kamalapuram for five years. The contract is valued at Rs103 million.
| | | |
Inspite of the positive closing, the broader market was tad negative. Of the 2,799 stocks traded on the BSE, where 1,405 stocks declined, 1,323 stocks advanced; 71 stocks ended unchanged.
The BSE Metal index led the surge in the sectoral indices and rose 1.65% at 13,099. The BSE Bankex, BSE CG index, BSE PSU index, BSE HC index, BSE HC index, BSE Power index, BSE CD index and BSE Auto index were the other notable gainers while BSE IT, BSE Realty index and BSE Teck index ended weak.
Buying was led by Sterlite Industries, which notched up gains of 4.10% at Rs639.20. Among other gainers, ONGC advanced 3.99% at Rs1,064, ICICI Bank added 2.88% at Rs728.90, L&T moved up 2.76% at Rs2,834, HDFC Bank jumped by 2.11% at Rs1,280.20, Hndalco gained 1.87% at Rs144.65 and Maruti Suzuki India was up 1.66% at Rs679.65. However, Grasim Industries, Wipro, Infosys, JP Associates, Satyam Computer Services, ACC and DLF were down 1-2% each.
Over 2.88 crore Reliance Natural Resources shares changed hands on the BSE followed by Chambal fertilisers (1.61 crore shares), Nagarjuna Fertlisers (1.34 crore shares), Ispat Industries (1.02 crore shares) and Reliance Petroleum (0.67 lakh shares).
| | | | | | | | European Indices at 16:00 IST on 08-08-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5478.30 | 0.80 | 0.01 | | CAC 40 Index | 4479.63 | 22.20 | 0.50 | | DAX Index | 6555.62 | 12.13 | 0.19 | | | | | | | | | | | Asian Indices at close on 08-08-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13168.41 | 43.42 | 0.33 | | Hang Seng Index | 21885.21 | -218.99 | -0.99 | | Kospi Index | 1568.72 | 4.72 | 0.30 | | Straits Times Index | 2807.54 | -27.17 | -0.96 | | Jakarta Composite Index | 2195.92 | -3.08 | -0.14 | | | | | | | | 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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