| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,338.27 | 4,335.20 | | High | 14,495.27 | 4,345.05 | | Low | 14,286.38 | 4,283.30 | | Today's Cls | 14,482.22 | 4,337.50 | | Prev Cls | 14,450.35 | 4,335.35 | | Change | 31.87 | 2.15 | | % Change | 0.22 | 0.05 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Bosch | 4,147.55 | 13.61 | | Max India | 212.00 | 6.99 | | Phoenix Mills | 183.75 | 5.69 | | Piramal Healthcare | 338.85 | 4.25 | | HDFC Bank | 1,255.45 | 3.92 | | Losers | | Adani Enterprises | 585.25 | -5.44 | | Indiabulls Real Estate | 286.30 | -5.25 | | Essar Shipping | 89.30 | -4.44 | | Suzlon Energy | 207.45 | -4.16 | | Godrej Industries | 167.50 | -3.51 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,199 | 527 | | Declines | 1,389 | 655 | | Unchanged | 104 | 50 | | Volume(Nos) | 23.43cr | 36.95cr | | | | | | Market Commentary | | | Eleventh hour comeback | | After trading negative for the major part of the day, the Sensex staged a strong comeback towards the fag end, finishing 32 points higher. | | In line with the major Asian market indices (Nikkei down 0.78%, Hang Seng down 0.23% and Strait Times down 0.96%), the 30-stock Sensex started the day with a negative note. | 
| | | The index was 112 points lower than its previous close (14, 450) at the opening bell. Trading substantially lower in the first half of the trading session, the index hit the lowest of the day—164 points lower than the previous close. Around the mid of the trading day, the index did make an attempt to cross 14,450 (the previous close), but was soon pulled down. However, with less than hour to go for the closing bell, the index staged a smart recovery not only to breach the resistance of 14,450, but to end 32 points higher. The 50-stock Nifty of the NSE ended 2 points higher. The market breadth was slightly negative, as of the 2,692 stocks traded on the BSE, 45% stocks (1,389 stocks) declined, whereas 51% stocks (1,199 stocks) advanced; 104 stocks ended unchanged. Of the 13 sectoral indices, BSE Bankex (1.73%) and BSE Auto (1.31%) led the pack of gaining indices. Metal, realty and oil & gas indices were down for the day, while the remaining eight indices posted gains of less than 1%. Among the gainers in front-line stocks, HDFC Bank advanced by 3.92% at Rs1,255.45, Satyam Computer Services jumped 3.25% at Rs406.10, Wipro rose 2.14% at Rs428.65, BHEL added 1.96% at Rs1721.70, Mahindra & Mahindra gained 1.91% at Rs574.25 and Tata Consultancy Services was up by 1.77% at Rs832.35. Several blue chip counters witnessed selling pressure. Reliance Industries dropped 2.30% at Rs2,179.65, JP Associate declined 1.85% at Rs156.85, Tata Steel lost 1.37% at Rs577.55 and HDFC shed 0.83% at Rs2,343.80. On turnover front, Reliance Natural Resources led the drove witnessing a turnover of over 1.85 crore shares, followed by Pennar Industries (1.80 crore shares), Firstsource Solutions(87 lakh shares), Marksans Pharma (72 lakh shares) and IFCI (72 lakh shares). | | | | | | | | European Indices at 16:10 IST on 26-08-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5399.90 | -105.70 | -1.92 | | CAC 40 Index | 4325.39 | -30.48 | -0.70 | | DAX Index | -6281.06 | -15.89 | -0.25 | | | | | | | | | | | Asian Indices at close on 26-08-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 12778.71 | -99.95 | -0.78 | | Hang Seng Index | 21056.66 | -48.13 | -0.23 | | Kospi Index | 1490.25 | -11.86 | -0.79 | | Straits Times Index | 2707.19 | -26.26 | -0.96 | | Jakarta Composite Index | 2107.54 | -19.68 | -0.92 | | | | | | | | 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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