| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,396.93 | 2,813.40 | | High | 9,435.89 | 2,835.70 | | Low | 8,956.68 | 2,694.50 | | Today's Cls | 9,291.01 | 2,799.55 | | Prev Cls | 9,385.42 | 2,810.35 | | Change | -94.41 | -10.80 | | % Change | -1.01 | -0.38 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Rolta India | 175.35 | 5.06 | | NALCO | 184.15 | 4.69 | | Wipro | 251.95 | 4.59 | | Indiabulls Financial | 105.40 | 4.41 | | EIH | 84.50 | 4.32 | | Losers | | Lanco Infra | 116.45 | -19.86 | | Jai Corp | 94.10 | -12.42 | | Chambal Fertilisers | 37.40 | -11.58 | | Pantaloon | 208.10 | -10.44 | | Hindustan Construction | 44.95 | -9.92 | | | Market Statistics | | - | BSE | NSE | | Advances | 679 | 251 | | Declines | 1,800 | 932 | | Unchanged | 60 | 40 | | Volume(Nos) | 26.18cr | 55.54cr | | | | | | Market Commentary | | | 94 points down | | Market finds stability at the end of volatile trading session, as heavyweights stage a late-session recovery. | | A day after the Sensex slipped over 150 points on all-round selling, the market opened on a positive note shrugging off worries about recession. | 
| | | However, the market was gloomy amid a range-bound trend during intra-day trades influenced by subdued international markets. The Sensex saw strong optimism vanish after adding 51 points to touch the day's high of 9,436. The market zigzagged between its positives and negatives thereafter, but eased in the afternoon on sustained selling in realty, banking and consumer durable stocks to touch the intra-day low below 9,000 at 8,957. Heavy buying in most of the index pivotal stocks helped the Sensex trim most of the losses towards the close and end the session at 9,291, down 94 points. Nifty closed with a loss of 11 points at 2,800.
However, the market breadth was heavily tilted in favour of losers as 1,800 stocks declined, 679 stocks advanced and 60 stocks remained unchanged on the BSE. Most of sectoral indices closed with losses. BSE Realty, BSE Bankex, BSE CD and BSE Metal were the major losers and slipped over 3-5% each. However, BSE Teck soared 0.49% followed by BSE IT (up 0.02%).
Among the 30 Sensex stocks, 10 ended in the green. Attracting strong buying support Wipro surged by 4.59% at Rs251.95, ACC shot up by 4.29% at Rs436.55, Tata Motors jumped by 2.56% at Rs140.45, Maruti Suzuki advanced by 2.45% at Rs549.80, Bharti Airtel scaled up by 2.29% at Rs665.05, NTPC zoomed 1.24% at Rs151.10 and Infosys Technologies added 1.22% at Rs1,232.80. Among the laggards, HDFC Bank tumbled 7.71% at Rs933.60, Reliance Infrastructure slipped 6.23% at Rs484.40, Tata Steel fell 4.01% at Rs166.30, DLF was down 3.92% at Rs231.45 and HDFC lost 3.84% at Rs1,498.30.
Over 1.96 crore GVK Power & Infrastructure shares changed hands on BSE followed by Suzlon Energy (1.47 crore shares), Unitech (1.40 crore shares), Chambal chemicals & fertilisers (0.69 crore shares) and Tata Teleservices Maharashtra Ltd (0.64 crore shares). | | | | | | | | European Indices at 16:00 IST on 17-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4178.74 | -54.23 | -1.28 | | CAC 40 Index | 3257.14 | -34.33 | -1.04 | | DAX Index | 4653.51 | -56.73 | -1.20 | | | | | | | | | | | Asian Indices at close on 17-11-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8522.58 | 60.19 | 0.71 | | Hang Seng Index | 13529.53 | -13.13 | -0.10 | | Kospi Index | 1078.32 | -9.94 | -0.91 | | Straits Times Index | 1749.67 | -9.47 | -0.54 | | Jakarta Composite Index | 1236.93 | -27.44 | -2.17 | | | | | | | | 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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