| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,125.65 | 2,737.00 | | High | 9,342.47 | 2,835.65 | | Low | 9,125.65 | 2,724.20 | | Today's Cls | 9,323.59 | 2,828.45 | | Prev Cls | 9,046.74 | 2,736.70 | | Change | 276.85 | 91.75 | | % Change | 3.06 | 3.35 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Neyveli Lignite | 75.15 | 10.76 | | Federal Bank | 155.85 | 9.41 | | Triveni Engineering | 51.15 | 9.06 | | KSK Energy | 163.50 | 8.46 | | Renuka Sugar | 71.90 | 7.88 | | Losers | | Hindustan Construction | 43.05 | -11.51 | | United Spirits | 725.25 | -7.25 | | Unitech | 30.10 | -5.49 | | Bajaj Finserv | 187.45 | -4.99 | | Indiabulls Financial | 101.45 | -4.96 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,241 | 625 | | Declines | 1,162 | 534 | | Unchanged | 94 | 54 | | Volume(Nos) | 29.90cr | 60.80cr | | | | | | Market Commentary | | | Market bounces back to action | | Across-the-board rally sees the market bounce back sharply from yesterday’s loss and gain 3.06% for the day. | | After crashing 324 points yesterday, the market witnessed a strong relief rally on across-the-board buying throughout the day. Strong optimism in key indices | 
| | | triggered a steep rally and the oil & gas index managed to register 5.09% gains. Sensex opened on a firm note, up 79 points at 9,127 and remained upbeat all through the session on sustained buying. The rally gathered steam towards the close and Sensex touched an intra-day high of 9,342 before ending the session at 9,324, up 277 points. Nifty also bounced back sharply and advanced 92 points to close at 2,828.
The breadth of the market was positive. Of the 2,497 stocks traded on BSE, 1,241 stocks advanced, whereas 1,162 stocks declined. Ninty four stocks ended unchanged. All sectoral indices closed with significant gains. BSE Oil & Gas was the major gainer, soaring 5.09% followed by BSE Power (up 4.29%), BSE Metal (up 3.45%), BSE PSU (up 3.36%) and BSE Bankex (up 2.42%).
Among the 30 Sensex stocks, 25 ended in the green. Attracting strong buying support National Thermal Power Corporation (NTPC) surged 7.69% at Rs179.85, Reliance Infrastructure soared 7.34% at Rs541.20, Reliance Industries jumped 6.56% at Rs1,218.40, Tata Power advanced 4.89% at Rs773.35, Reliance Communications added 4.77% at Rs182.60, Bharti Airtel zoomed 4.77% at Rs632.85, ONGC gained 3.72% at Rs648.15, ICICI Bank vaulted 3.69% at Rs423.95, Hindalco was up 3.63% at Rs423.95 and Bharat Heavy Electricals Ltd (BHEL) closed 3.24% stronger at Rs1,397.65. Other front-line stocks also moved up by 1-2% each.
Over 6.15 crore shares of Satyam Computer Services (Satyam) changed hands on BSE followed by Unitech (2.59 crore shares), Reliance Natural Resources (1.64 crore shares), Bank of Baroda (1.24 crore shares) and Suzlon Energy (69 lakh shares). | | | | | | | | European Indices at 16:00 IST on 16-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4196.05 | 74.94 | 1.82 | | CAC 40 Index | 3078.63 | 82.04 | 2.74 | | DAX INDEX | 4447.02 | 111.32 | 2.56 | | | | | | | | | | | Asian Indices at close on 16-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8230.15 | 206.84 | 2.58 | | Hang Seng Index | 13255.51 | 12.55 | 0.09 | | Kospi Index | 1135.20 | 23.86 | 2.15 | | Straits Times Index | 1730.45 | 26.39 | 1.55 | | Jakarta Composite Index | 1363.88 | 20.38 | 1.52 | | | | | | | | 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 | |
No comments:
Post a Comment