| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,710.20 | 2,955.35 | | High | 10,110.34 | 3,072.55 | | Low | 9,633.04 | 2,922.65 | | Today's Cls | 10,076.43 | 3,060.75 | | Prev Cls | 9,715.29 | 2,954.35 | | Change | 361.14 | 106.40 | | % Change | 3.72 | 3.60 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | India Infoline | 52.75 | 16.19 | | RNRL | 55.65 | 15.34 | | Educomp Solutions | 2,615.75 | 12.57 | | IRB Infra | 127.35 | 12.35 | | GVK Power | 21.40 | 12.34 | | Losers | | Glenmark Pharma | 298.65 | -8.63 | | Aban Offshore | 751.80 | -5.67 | | Pantaloon Retail | 213.60 | -4.69 | | Cairn India | 159.70 | -3.97 | | Blue Star | 153.05 | -3.68 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,490 | 792 | | Declines | 966 | 410 | | Unchanged | 91 | 42 | | Volume(Nos) | 42.01cr | 85.74cr | | | | | | Market Commentary | | | Realty stocks lift market spirits | | Rally in realty stocks leads the Sensex gain 361 points for the day. | | Better weekly inflation numbers spirit up the market as the 30-stock Sensex gains around 350 points at close. The market staged a solid performance, backed by strong all-round buying | 
| | | inspite of other major Asian indices exhibiting a subdued trend in morning trades. The market opened five points higher at 9,710, but slipped immediately on selling in heavyweight, health care and oil & gas stocks and touched the day's low of 9,633. However buying at lower levels in realty, banking, power and public sector units’ stocks saw Sensex shed all losses and enter into the green again. Sustained buying thereafter helped Sensex regain the 10,100 mark and touch the intra-day high of 10,110. Sensex finally closed the session at 10,076, up 361 points. Nifty ended the session 106 points higher at 3,061.
The market breadth was negative with the losers outpacing the gainers in the ratio of 1.43:1. Of the 2,547 stocks traded on the BSE, 1,490 stocks advanced, whereas 966 stocks declined. Ninety one stocks ended unchanged. Among sectoral indices, BSE IT moved up by 5.77% followed by BSE Teck (up 3.94%), BSE Metal (up 3.63%) and BSE Auto (up 3.54%). However BSE CD and BSE Realty closed in a negative territory and shed 0.05% each.
Among reality stocks, DLF shot up 9.56% at Rs277.40, Unitech soared 9.17% at Rs38.10, Indiabulls Realestate surged 8.95% at Rs143.05 and Phoenix Mill jumped 4.96% at Rs77.20. Among other gainers, JP Associates moved up by 9.36% at Rs84.15, Reliance Infrastructure scaled up 9.32% at Rs600.35, ICICI Bank was up 9.16% at Rs471.35, SBI advanced by 7.88% at Rs1,295.85, Satyam Computer Services gained 7.15% at Rs169.35 and Tata Motors advanced by 7.09% at Rs173.63. However, Grasim Industries slipped 0.33% at Rs1230.35 followed by Sterlite Industries down 0.11% at Rs270.90.
Over 3.34 crore shares of Satyam Computer Services changed hands on the BSE followed by Reliance Natural Resources (2.27 crore shares), HDIL (1.99 crore shares), Suzlon Energy (1.62 crore shares) and Unitech (1.30 crore shares). | | | | | | | | European Indices at 16:00 IST on 18-12-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4338.50 | 14.31 | 0.33 | | CAC 40 Index | 3223.63 | -18.30 | -0.56 | | DAX Index | 4754.34 | 45.96 | 0.98 | | | | | | | | | | | Asian Indices at close on 18-12-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8667.23 | 54.71 | 0.64 | | Hang Seng Index | 15497.81 | 37.29 | 0.24 | | Kospi Index | 1175.91 | 6.16 | 0.53 | | Straits Times Index | 1798.95 | 19.66 | 1.10 | | Jakarta Composite Index | 1351.76 | -12.22 | -0.90 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
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.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |
