Sensex

Monday, January 05, 2009

DG - FW: Sharekhan Post-Market Report dated January 05, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 05 January 2009 16:05
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated January 05, 2009

 

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January 05, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,109.67

3,058.75

High

10,306.17

3,131.95

Low

10,069.11

3,056.45

Today's Cls

10,275.60

3,121.45

Prev Cls

9,958.22

3,046.75

Change

317.38

74.70

% Change

3.19

2.45

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Mundra Port

390.65

18.16

IFCI

26.25

13.15

Future Capital

208.25

10.68

GSPL

40.90

10.54

Jubilant Organosys

143.65

10.29

Losers

Satyam Computer

166.90

-6.00

Godrej Industries

79.70

-4.84

Lupin

632.00

-3.35

Bharti Airtel

685.35

-2.76

Marico

58.65

-2.33

Market Statistics

-

BSE

NSE

Advances

1,680

813

Declines

859

385

Unchanged

74

38

Volume(Nos)

39.21cr

80.76cr

 Market Commentary 

New year binge continues

Market comes off its highs, but ends firm near 10,276 (317 points up) on strong gains in heavyweight, metal, oil, and banking stocks.

Maintaining its upward trend since the New year, Sensex opened on a firm note at 10,110 and rallied further on substantial buying in metal and oil stocks. Despite

 

slowdown in foreign institutional investors’ inflows, Sensex rallied further to touch an intra-day high of 10,306 on substantial buying support. Market remained firm above 10,100-level for the entire trading session, as firm Asian and European indices kept investor mood upbeat. However, profit booking at higher levels dragged the index to its day's low of 10,069, above 111 points its previous close. The market recovered in afternoon but Sensex shed some of its profits towards the close. Sensex finally wrapped up the session with a gain of 317 points at 10,276. Nifty gained 75 points to close at 3,121.

Among sectoral indices, BSE Metal led the upsurge with 5.54% gains followed by BSE Oil (up 5.10%), BSE Bankex (up 3.53%) and BSE CG (up 2.83%). Market breadth was extremely positive. Of 2,613 stocks traded on BSE 1,680 stocks advanced, whereas 859 stocks declined. Seventy-four stocks ended unchanged. 

Out of 30 Sensex stocks, 23 managed to end in the green while 7 stocks ended in the red. Sterlite Industries was the lead gainer, soaring 10.93% for the day to Rs305. Tata Power jumped 7.87% at Rs831, Tata Steel shot up by 7.71% at Rs247.35, ONGC advanced 7.66% at Rs732.15, JP Associates moved up by 7.27% at Rs93.75, Reliance Industries added 6.93% at Rs1372.90 and ICICI Bank gained 5.92% at Rs499.10. Among laggards, Satyam Computer Services was the major loser and dropped 6% at Rs166.90, while Bharti Airtel, DLF, NTPC, Hindustan Unilever, ITC and Ranbaxy Laboratories slipped marginally. 

Over 3.17 crore shares of Unitech changed hands on BSE followed by IFCI (2.50 crore shares), Reliance Natural Resources (1.87 crore shares), Suzlon Energy (1.29 crore shares) and Satyam Computer Services (1.12 crore shares).



European Indices at 16:00 IST on 05-01-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4568.84

7.05

0.15

CAC 40 Index

3341.36

-8.33

-0.25

DAX Index

4988.18

15.11

0.30

Asian Indices at close on 05-01-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

9043.12

183.56

2.07

Hang Seng Index

15563.31

520.20

3.46

Kospi Index

1173.57

16.17

1.40

Straits Times Index

1924.87

95.06

5.20

Jakarta Composite Index

1437.34

91.93

6.04

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