| | | | Index Performance | | Index | Sensex | Nifty | | Open | 10,304.57 | 3,050.25 | | High | 10,668.48 | 3,152.30 | | Low | 10,116.22 | 2,985.00 | | Today's Cls | 10,631.12 | 3,142.10 | | Prev Cls | 10,337.68 | 3,043.85 | | Change | 293.44 | 98.25 | | % Change | 2.84 | 3.23 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Lanco Infra | 171.50 | 24.50 | | GVK Power | 14.94 | 24.19 | | Suzlon Energy | 55.40 | 20.57 | | Renuka Sugar | 64.50 | 18.78 | | IVRCL Infra | 122.90 | 18.12 | | Losers | | Mphasis | 150.90 | -7.48 | | Satyam Computer | 277.85 | -7.41 | | TCS | 508.20 | -7.38 | | Bajaj Auto | 465.30 | -6.62 | | Max India | 92.15 | -5.24 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,809 | 902 | | Declines | 777 | 300 | | Unchanged | 69 | 36 | | Volume(Nos) | 38.86cr | 77.50cr | | | | | | Market Commentary | | | Market banks on realty and banking stocks | | Strong optimism in heavyweights, banking and realty stocks saw the Sensex gain 293 points for the day. | | After gyrating almost 552 points for the day the Sensex closed the session with a gain of 293 points. The market had a gloomy start, with the mixed global indices | 
| | | dampening the trading sentiment and triggering an all-round selling. The Sensex touched the day's low of 10,116, down 222 points, within minutes of the opening bell. But, the resumption of buying at lower levels and fall in the inflation rate figures helped the Sensex to recover the lost ground and the index entered into the positive territory by afternoon. Realty and Banking stocks provided the requisite support to the Sensex to touch the intra-day high of 10,668. The Sensex finally settled at 10,631, up 293 points and Nifty closed the session at 3,142, up 98 points.
The market breadth was positive, Of the 2,655 stocks traded on the BSE 1,809 stocks advanced, whereas 777 stocks declined. Sixty nine stocks ended unchanged. Among the sectoral indices the BSE Realty flared up by 12.14%, BSE Bankex rose 6.56% and BSE Power moved up by 5.66%.
Barring a few, all the Sensex stocks ended at higher levels. DLF flared up 14.66% at Rs290.15, Ranbaxy Laboratories jumped up 9.88% at Rs209.15, JP Associates bounced back sharply and shot up by 9.82% at Rs89.45, Reliance Communications zoomed 7.67% at Rs250.50, ITC moved up by 7.63% at Rs170.70, ONGC scaled up 7.12% at Rs761.30, ICICI Bank surged by 6.53% at Rs459.10, State Bank of India jumped by 6.50% at Rs1,321.15 and Tata Steel gained 6.48% at Rs239.85.
Over 3.91 crore shares of Suzlon Energy changed hands on the BSE followed by Cals Refineries (2.24 crore shares), Unitech (1.70 crore shares), Reliance Natural Resources (1.70 crore shares), GVK Power & Infrastructure (1.63 crore shares) and IFCI (1.65 crore shares).
Valuewise, Reliance Industries clocked a turnover of Rs279 crore followed by Suzlon Energy (Rs205 crore), State Bank of India (Rs186 crore), Reliance Capital (Rs184 crore) and ICICI Bank (Rs151 crore). | | | | | | | | European Indices at 16:00 IST on 04-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4482.68 | 39.40 | 0.89 | | CAC 40 Index | 3586.01 | 58.04 | 1.65 | | DAX Index | 5101.86 | 75.02 | 1.49 | | | | | | | | | | | Asian Indices at close on 04-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 9114.60 | 537.62 | 6.27 | | Hang Seng Index | 14384.34 | 39.97 | 0.28 | | Kospi Index | 1153.35 | 24.27 | 2.15 | | Straits Times Index | 1829.69 | -54.06 | -2.87 | | Jakarta Composite Index | 1369.78 | 17.06 | 1.26 | | | | | | | | 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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