| | | | Index Performance | | Index | Sensex | Nifty | | Open | 8,779.02 | 2,656.50 | | High | 9,245.06 | 2,793.80 | | Low | 8,726.71 | 2,646.35 | | Today's Cls | 9,229.75 | 2,788.00 | | Prev Cls | 8,747.43 | 2,656.45 | | Change | 482.32 | 131.55 | | % Change | 5.51 | 4.95 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | NDTV | 93.50 | 28.26 | | JSW Steel | 219.35 | 19.50 | | HDIL | 92.35 | 18.47 | | Indiabulls Real Estate | 109.85 | 17.17 | | Unitech | 30.25 | 15.46 | | Losers | | Gammon India | 47.30 | -9.13 | | Phoenix Mills | 57.75 | -3.59 | | Shriram Transport | 199.00 | -3.40 | | Sintex Industries | 160.65 | -2.72 | | Areva | 142.40 | -1.83 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,503 | 901 | | Declines | 668 | 281 | | Unchanged | 60 | 36 | | Volume(Nos) | 30.01cr | 67.33cr | | | | | | Market Commentary | | | Volatile but buoyant | | Led by buying in Tata Motors and JP Associates, the Sensex recovered smartly in afternoon and ended firm at 9,230. | | The market wiped out losses of over 20 points incurred in the first half, after a strong bout of buying led by Tata Motors, JP Associates and Tata Steel triggered wide-spread buying. | 
| | | In a highly volatile trading session, the Sensex resumed 32 points higher at 8,779, but soon turned negative following weakness in global indices and crashed to the day's low of 8,727 on relentless selling. While the market was on a recovery path thereafter, the Sensex witnessed a sharp turnaround in afternoon, as gains in heavyweights, realty, metal and capital goods stocks propelled it to an intra-day high of 9,245. After gyrating 518 points during the intra-day trades, the Sensex gained 482 points to close at 9,230, while Nifty ended 132 points higher at 2,788.
The market breadth ended Positive. Of the 2,231 stocks traded on the BSE 1,503 stocks advanced, 668 stocks advanced and 60 stocks ended unchanged. All sectoral indices ended in the positive territory. The BSE Realty led the pack and gained 12.44% followed by BSE Metal (up 7.93%), BSE CG (up 6.91%), BSE Oil & Gas (up 5.86%) and BSE Power (up 5.64%).
Tata Motors was the star performer among the heavyweights and the stock soared 13.44% at Rs151.10. Among the other major gainers, JP Associates advanced 12.42% at Rs185.15, DLF jumped 11.93% at Rs214.80, Sterlite Industries rose 8.38% at Rs253.50, ICICI Bank moved up by 8.38% at Rs362.95, Reliance Industries advanced 8.37% at Rs1,159 and Larsen & Toubro added 7.95% at Rs745. While the rest of Sensex stocks ended positive.
Realty stocks were in demand and scaled higher. Anant Raj soared 20% at Rs58.50, HDIL flared up 18.47% at Rs92.35, Orbit added 18.20% at Rs46.75, Indiabulls Real Estate gained 17.17% at Rs109.85, Unitech, Parsvnath and DLF were up 11-15% each. In metal pack, JSW zoomed 19.50% at Rs219.35, Tata Steel shot up by 13.84% at Rs187.50, Welspun rose 11.33% at Rs87.95 and SAIL gained 9.90% at Rs70.60.
Over 3.19 crore Unitech shares changed hands on the BSE followed by Suzlon Energy (2.46 crore shares), GVK Power & Infrastructure (1.81 crore shares), HDIL (1.10 crore shares) and JP Associates (0.82 crore shares). | | | | | | | | European Indices at 16:00 IST on 04-12-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4222.89 | 52.93 | 1.27 | | CAC 40 Index | 3244.65 | 78.00 | 2.46 | | DAX Index | 4655.95 | 88.71 | 1.94 | | | | | | | | | | | Asian Indices at close on 04-12-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 7924.24 | -79.86 | -1.00 | | Hang Seng Index | 13509.78 | -78.88 | -0.58 | | Kospi Index | 1006.54 | -16.13 | -1.58 | | Straits Times Index | 1643.68 | 3.11 | 0.19 | | Jakarta Composite Index | 1205.32 | 12.79 | 1.07 | | | | | | | | 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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