| | Index Performance | Index | Sensex | Nifty | Open | 9,679.32 | 2,934.05 | High | 9,746.01 | 2,945.30 | Low | 9,441.97 | 2,861.55 | Today's Cls | 9,645.46 | 2,920.15 | Prev Cls | 9,654.90 | 2,928.25 | Change | -9.44 | -8.10 | % Change | -0.10 | -0.28 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | RNRL | 54.75 | 25.72 | GE Shipping | 192.60 | 15.71 | Jet Airways | 153.05 | 12.58 | Shipping Corporation | 80.90 | 12.13 | Indiabulls Real Estate | 128.60 | 10.77 | Losers | TCS | 507.65 | -6.24 | Satyam Computer | 224.35 | -5.18 | Dr Reddy's | 460.05 | -5.04 | Titan Industries | 830.70 | -4.98 | Gail India | 208.80 | -4.96 | | Market Statistics | - | BSE | NSE | Advances | 1,557 | 796 | Declines | 911 | 374 | Unchanged | 97 | 49 | Volume(Nos) | 38.58cr | 84.43cr | | | | | Market Commentary | | Flat for the day | Sensex ends flat after an intra-day swing of 304 points. | The market was highly volatile, as stocks gyrated between negative and positive zones all through the trading session, with the 30-stock benchmark of BSE | | | witnessing an intra-day swing of 304 points. On the back of firm global indices, the Sensex began its initial trades on a positive note at 9,679, around 24 points above its previous close and rallied sharply above 9,700 level to touch an intra-day high of 9,746. Steady to firm selling pressure thereafter saw the index plunge deep into the red below 9,500- mark and touch the low of 9,442. However, the Sensex managed to erase most of its losses on buying in heavyweights and ended just nine points down at 9,645. The 50-stock index of NSE, Nifty, ended marginally down by eight points at 2,920. The breadth of the market was positive. Of the 2,565 stocks traded on the BSE, 911 stocks declined, 1,557 stocks advanced and 97 stocks ended unchanged. Of the 13 sectoral indices, five sectoral indices closed in positive. BSE Realty gained 2.12%, BSE Oil & Gas rose 1.67%, BSE Metal advanced 1.37% and BSE Bankex and BSE Auto traded with marginal gains. BSE IT dropped 3.90%, BSE CD fell 2.62% and BSE Teck shed 1.38% while BSE HC, BSE PSU, BSE Power, BSE FMCG and BSE CG were in the red at the close of trading. Selective buying helped the index overcome its losses. Jaiprakash Associates flared up 10.63% at Rs82.75, Sterlite Industries advanced 8.43% at Rs295.05, Reliance Communications rose 4.80% at Rs239.20 and ACC added 3.27% at Rs492. Reliance Industries Ltd, ICICI Bank, Reliance Infrastructure, Larsen & Toubro, ITC and Tata Steel witnessed steady gains. Selling was evident in select heavyweight counters. Tata Consultancy Services dropped 6.24% at Rs507.65, Satyam Computer Services declined 5.18% at Rs224.35, Wipro tumbled 4.45% at Rs250, Hindalco Industries shed 4.38% at Rs51.30, Infosys Technologies dipped 3.23% at Rs1,136, Bharat Heavy Electricals Ltd moved down by 2.75% at Rs1374.15 and DLF 2.28% at Rs256.65. Reality stocks gained sharply. Anant Raj Industries gained 19.95% at Rs69.45, Indiabulls Realestate advanced 10.77% at Rs128.60, Peninsula Land moved up by 8.08% at Rs21.40. Over 3.33 crore shares of Reliance Natural Resources Ltd changed hands on the BSE followed by Suzlon Energy (2.46 crore shares), Unitech (2.15 crore shares), GVK Power & Infrastructure (2.12 crore shares) and JP Associates (1.63 crore shares). | | | | | | | | European Indices at 16:00 IST on 11-12-2008 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 Index | 4338.45 | -28.83 | -0.66 | CAC 40 Index | 3290.45 | -29.86 | -0.90 | DAX Index | 4742.85 | -62.03 | -1.29 | | | | | | | | | | | Asian Indices at close on 11-12-2008 | | | Index | Level | Change (pts) | Change (%) | Nikkei 225 | 8720.55 | 60.31 | 0.70 | Hang Seng Index | 15613.90 | 36.16 | 0.23 | Kospi Index | 1154.43 | 8.56 | 0.75 | Straits Times Index | 1794.16 | -27.54 | -1.51 | Jakarta Composite Index | 1316.69 | 0.79 | 0.06 | | | | | | | | To know more about our products and services, click here. | | | | | | “This document has been prepared by Sharekhan Ltd. 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