Sensex

Friday, November 07, 2008

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

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 07 November 2008 16:20
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated November 07, 2008

 

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November 07, 2008

 

Index Performance

Index

Sensex

Nifty

Open

9,631.59

2,893.25

High

10,065.37

3,010.00

Low

9,631.59

2,860.10

Today's Cls

9,964.29

2,973.00

Prev Cls

9,734.22

2,892.65

Change

230.07

80.35

% Change

2.36

2.78

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Suzlon Energy

70.70

17.64

TTML

16.00

15.27

BGR Energy

188.65

14.06

Neyveli Lignite

64.45

12.09

Reliance Infra

560.90

10.92

Losers

Piramal Healthcare

215.00

-6.54

JSW Steel

285.35

-5.18

United Breweries

145.40

-5.00

Financial Technoligies

684.10

-4.75

Thermax

314.00

-4.70

Market Statistics

-

BSE

NSE

Advances

1,417

730

Declines

1,124

467

Unchanged

75

40

Volume(Nos)

28.70cr

59.23cr

 Market Commentary 

Volatile but high 

Led by buying in Reliance Infrastructure and Hindalco Industries, the Sensex recovered smartly in afternoon ending 2.36% higher at 9,964. 

The market wiped out losses of over 102 points incurred in the first half after a strong bout of buying led by Reliance Infrastructure and Hindalco Industries triggered a wide spread buying.  

 

In a highly volatile trading session, the Sensex resumed 102 points lower at 9,632 following weakness in Asian indices. While the market was on a recovery path thereafter, the Sensex witnessed a sharp turnaround in afternoon as gains in heavyweights, power, oil & gas and Metal stocks propelled it to an intra-day high of 10,065. After gyrating 433 points during intra-day trades, the Sensex ended 230 points higher at 9,964, while Nifty finished 80 points up at 2,973.

The market breadth was positive. Of the 2,616 stocks traded on the BSE, 1,124 stocks declined whereas 1,417 stocks advanced. Seventy five stocks ended unchanged. All the 13 sectoral indices advanced today. BSE Power led the pack gaining 4.43% at 1,702 followed by BSE Oil & Gas (up 3.38% at 5,817) and BSE Metal (up 3.18% at 4,993).

Reliance Infrastructure was the star performer among the heavyweights and the stock soared 10.92% at Rs560.90. Among the other major gainers, Hindalco Industries advanced 6.61% at Rs60.45, Reliance Communications jumped 5.53% at Rs228, Tata Consultancy Services rose 4.87% at Rs524.55, National Thermal Power Corporation moved up by 4.78% at Rs151.20, JP Associates advanced 4.65% at Rs87.70, Reliance Industries gained 3.95% at Rs1,217.85 and DLF added 3.60% at Rs280.90. However, Mahindra & Mahindra, ICICI Bank, Maruti Suzuki India, ONGC and Tata Motors inched lower.

Over 2.52 crore shares of Suzlon Energy changed hands on the BSE followed by GVK Power & Infrastructure (2.23 crore shares), Reliance Natural Resources (1.18 crore shares), HDIL (0.87 crore shares) and Tata Teleservices (0.79 crore shares).

European Indices at 16:00 IST on 07-11-2008

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4303.28

30.87

0.72

CAC 40 Index

3391.66

4.41

0.13

DAX Index

4819.82

6.25

0.13

Asian Indices at close on 07-11-2008

Index

Level

Change (pts)

Change (%)

Nikkei 225

8583.00

-316.14

-3.55

Hang Seng Index

14243.43

453.39

3.29

Kospi Index

1134.49

42.27

3.87

Straits Times Index

1863.49

44.29

2.43

Jakarta Composite Index

1338.36

30.46

2.33

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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.
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DG - ENAM : Technical View on SENSEX

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DG - Brainteaser - Answer (Ramkrishna)

There are several combinations available

 

36,1,1

18,2,1

9,4,1

9,2,2

6,6,1

6,3,2

4,3,3 

 

The second clue says the total is a certain number, which is visible to both the persons.  Still the second person is not able to find the answer.  This means there are two sets of numbers with the same total.  (means, if the number of that bldg was say 38, the second person would have told 36,1,1 as the answer).  So in these sets there are two sets (9,2,2) and (6,6,1) with the same total 13.  This is the reason the third clue was required.  THe third clue talks of 'oldest boy', which indicates there 's only one 'oldest' and hence 9,2,2 is the solution

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DG - Ten Commandments for Peace of Mind

 Ten Commandments for Peace of Mind!!!   

 

1. Do Not Interfere In Others' Business Unless Asked.
Most of us create our own problems by interfering too often in others'
affairs. We do so because somehow we have convinced ourselves that our
way is the best way, our logic is the perfect logic and those who do not
conform to our thinking must be criticized and steered to the right
direction, our direction. This thinking denies the existence of
individuality and consequently the existence of God. God has created each
one of us in a unique way. No two human beings can think or act in exactly
the same way. All men or women act the way they do because God within them
prompts them that way. There is God to look after everything. Why are you
bothered? Mind your own business and you will keep Your peace.

 

2. Forgive And Forget.
This is the most powerful aid to peace of mind. We often develop ill
feelings inside our heart for the person who insults us or harms us. We
nurture grievances. This in turn results in loss of sleep, development of
stomach ulcers, and high blood pressure. This insult or injury was done
once, but nourishing of grievance goes on forever by constantly
remembering it. Get over this bad habit. Believe in the justice of God
and the doctrine of Karma. Let Him judge the act of the one who insulted
you. Life is too short to waste in such trifles. Forgive, Forget, and
march on. Love flourishes in giving and forgiving.

 

3. Do Not Crave For Recognition.
This world is full of selfish people. They seldom praise anybody without
selfish motives. They may praise you today because you are in power, but
no sooner than you are powerless, they will forget your achievement and
will start finding faults in you. Why do you wish to kill yourself in
striving for their recognition? Their recognition is not worth the
aggravation. Do your duties ethically and sincerely and leave the rest to
God.

 

4. Do Not Be Jealous.
We all have experienced how jealousy can disturb our peace of mind. You
know that you work harder than your colleagues in the office, but
sometimes they get promotions; you do not. You started a business several
years ago, but you are not as successful as your neighbor whose business
is only one year old. There are several examples like these in everyday
life. Should you be jealous? No. Remember everybody's life is shaped by
his or her previous Karma, which has now become his destiny. If you are
destined to be rich, nothing in the world can stop you. If you are not so
destined, no one can help you either. Nothing will be gained by blaming
others for your misfortune. Jealousy will not get you anywhere; it will
only take away your peace of mind.

 

5. Change Yourself According To The Environment.
If you try to change the environment single-handedly, the chances are you
will fail. Instead, change yourself to suit your environment. As you do
this, even the environment, which has been unfriendly to you, will
mysteriously change and seem congenial and harmonious.

 

6. Endure What Cannot Be Cured.
This is the best way to turn a disadvantage into an advantage. Every day
we face numerous inconveniences, ailments, irritations, and accidents
that are beyond our control. If we cannot control them or change them, we
must learn to put up with these things. We must learn to endure them
cheerfully thinking, "God wills it so, so be it." God's plan is beyond
our comprehension. Believe in it and you will gain in terms of patience,
inner strength and will power.

 

 7. Do Not Bite Off More Than You Can Chew.
This maxim needs to be remembered constantly. We often tend to take more
responsibilities than we are capable of carrying out. This is done to
satisfy our ego. Know your limitations. Why take on additional loads that
may create more worries? You cannot gain peace of mind by expanding your
external activities. Reduce your material engagements and spend time in
prayer, introspection and meditation. This will reduce those thoughts in
your mind that make you restless. Uncluttered mind will produce greater
peace of mind.

 

8. Meditate Regularly.
Meditation calms the mind and gets rid of disturbing thoughts. This is the
highest state of peace of mind. Try and experience it yourself. If you
meditate earnestly for half an hour everyday, your mind will tend to
become peaceful during the remaining twenty-three and half-hours. Your
mind will not be easily disturbed as it was before. You would benefit by
gradually increasing the period of daily mediation. You may think that
this will interfere with your daily work. On the contrary, this will
increase your efficiency and you will be able to produce better results
in less time. 
 

9. Never Leave The Mind Vacant.
An empty mind is the devil's workshop. All evil actions start in the
vacant mind. Keep your mind occupied in something positive, something
worthwhile. Actively follow a hobby. Do something that holds your
interest. You must decide what you value more: money or peace of mind.
Your hobby, like social work or temple work, may not always earn you more
money, but you will have a sense of fulfillment and achievement. Even
when you are resting physically, occupy yourself in healthy reading or
mental chanting of God's name.

 

10. Do Not Procrastinate And Never Regret.
Do not waste time in protracted wondering "Should I or shouldn't I?"
Days, weeks, months, and years may be wasted in that futile mental
debating. You can never plan enough because you can never anticipate all
future happenings. Always remember, God has His own plan, too for you.
Value your time and do the things that need to be done. It does not
matter if you fail the first time. You can learn from your mistakes and
succeed the next time. Sitting back and worrying will lead to nothing.
Learn from your mistakes, but do not brood over the past. DO NOT REGRET.
Whatever happened was destined to happen only that way. Take it as the
Will of God. You do not have the power to alter the course of God's Will.
Why cry over spilt milk?

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