| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,077.65 | 2,771.10 | | High | 9,270.75 | 2,855.40 | | Low | 9,053.80 | 2,765.60 | | Today's Cls | 9,257.47 | 2,849.50 | | Prev Cls | 9,004.08 | 2,771.35 | | Change | 253.39 | 78.15 | | % Change | 2.81 | 2.82 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | NMDC | 171.00 | 16.21 | | Max India | 124.65 | 15.58 | | United Spirits | 571.80 | 15.17 | | Zee Enter | 110.95 | 13.27 | | Unitech | 30.85 | 13.21 | | Losers | | Glenmark Pharma | 141.15 | -24.98 | | Essar Shipping | 29.00 | -3.81 | | EIH | 97.55 | -3.70 | | Maruti Suzuki | 520.50 | -3.15 | | Asian Paints | 780.35 | -3.12 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,403 | 717 | | Declines | 1,025 | 447 | | Unchanged | 102 | 52 | | Volume(Nos) | 32.23cr | 73.09cr | | | | | | Market Commentary | | | Unabated rally | | Market rallies sharply above 9,200 mark on strong buying in realty, metal, and banking stocks. | | The market displayed tremendous strength on firming global cues. Sensex went into a major recovery mode after last week’s fall and surged by over 250 | 
| | | points during intra-day trades. Rally in Asian markets cheered investors and Sensex had a gap-up opening at 9078, up 74 points. Realty, metal and banking stocks led the rally and the respective indices posted over 3-6% gains on BSE. Firm open in major European indices and positive close in European markets also helped the sentiment remain bullish, with Sensex crossing 9200-mark by afternoon and maintaining upwards bias thereafter. Sustained buying in frontline stocks saw Sensex surge past 9250 mark to touch the day's high of 9271 towards close. Sensex ended the session by gaining 253 points or 2.81% up at 9257, while the Nifty added 78 points 2850.
The breadth of the market was positive. Of the 2,530 stocks traded on the BSE 1,403 stocks advanced, 1,025 stocks declined and 102 stocks ended unchanged. Among sectoral indices BSE Realty flared up by 6.32%, BSE Metal rose 4.44% and BSE Bankex moved up by 3.79%. Other indices also ended with gains over 1-3% each.
All Sensex stocks except a few ended at higher levels. Ranbaxy Laboratories flared up 7.56% at Rs213.50, ICICI Bank shot up by 7.08% at Rs408.35, DLF zoomed 6.63% at Rs177.70, Tata Motors moved up by 4.60% at Rs146.75, Mahindra & Mahindra scaled up 4.28% at Rs283.85, HDFC surged by 4.02% at Rs1,504.60, Reliance Industries jumped by 3.76% at Rs1273.15 and Wipro gained 3.63% at Rs234.35. While Maruti Suzuki India lost 3.15% at Rs520.50, Reliance Communications slipped 3.03% at Rs166.40 and Sterlite Industries moved down 0.41% at Rs266.70.
Over 8.19 crore shares of Satyam Computer Services changed hands on the BSE followed by Unitech (2.54 crore shares), Suzlon Energy (1.16 crore shares), HDIL (92 lakh shares) and Reliance Natural Resources (81 lakh shares). | | | | | | | | European Indices at 16:00 IST on 28-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4264.76 | 70.57 | 1.68 | | CAC 40 Index | 3021.41 | 6.88 | 2.26 | | DAX INDEX | 4439.40 | 116.13 | 2.68 | | | | | | | | | | | Asian Indices at close on 28-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8106.29 | 45.22 | 0.56 | | Hang Seng Index | 12578.60 | - | - | | Kospi Index | 1157.98 | 64.58 | 5.91 | | Straits Times Index | 1766.08 | 80.85 | 4.80 | | Jakarta Composite Index | 1321.45 | -15.18 | -1.14 | | | | | | | | 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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