| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,040.30 | 2,807.25 | | High | 9,454.69 | 2,949.75 | | Low | 9,040.30 | 2,807.25 | | Today's Cls | 9,424.02 | 2,939.90 | | Prev Cls | 8,966.68 | 2,807.05 | | Change | 457.34 | 132.85 | | % Change | 5.10 | 4.73 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | India Infoline | 60.20 | 16.22 | | Reliance Capital | 363.00 | 16.05 | | Bajaj Holdings | 286.40 | 14.17 | | Hindustan Copper | 111.05 | 11.61 | | Bhushan Steel | 358.10 | 11.04 | | Losers | | Jain Irrigation | 324.50 | -3.69 | | Koutons Retails | 387.85 | -3.48 | | GSK Pharma | 1,041.85 | -3.10 | | GSPL | 37.25 | -2.87 | | DLF | 167.40 | -2.16 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,629 | 870 | | Declines | 899 | 311 | | Unchanged | 114 | 59 | | Volume(Nos) | 30.20cr | 62.16cr | | | | | | Market Commentary | | | Market nears 9500 | | Sensex 5.1% up for the day, after posting 2.4% gains in the last week and 5.2% gians in the previous week. | | The market exhibited strong optimism on the back of firm Asian indices and triggered a major rally in all sectors. After registering gains of 210 points in the last week, | 
| | | Sensex resumed with a positive gap of 73 points, at 9040. Maintaining its upward bias thereafter, extensive buying in banking, oil & gas, metal and public sector unit stocks saw the index edge past 9400 mark and touch an intra-day high of 9455, up 488 points for the day. Sensex closed for the day with gains of 457 points at 9424. Nifty moved up by 133 points to close at 2940.
Market breadth, the number of advancing shares to declining shares, was exceedingly positive for BSE. Of the 2,642 stocks traded, 1,629 stocks advanced and 899 stocks declined. 114 stocks ended unchanged. Of the 13 sectoral indices, BSE Bankex, the index of banking shares, flared up by 6.66% followed by BSE Oil & Gas (up 6.40%), BSE Metal (up 6.31%) and BSE PSU (up 4.21%). Other indices were up 1-3% each.
Except DLF, other index stocks ended at higher levels. Ranbaxy Laboratories was the day's star performer and shot up by 10.80% at Rs161.05. Among other major gainers, Tata Steel surged 10.39% at Rs194.40, Reliance Infrastructure vaulted by 9.88% at Rs530.60, Hindalco Industries spurted 9.35% at Rs52.05, HDFC jumped by 8.44% at Rs1528.80, Reliance Industries scaled up by 7.56% at Rs1439.80, ICICI Bank advanced by 7.36% at Rs346.65, State Bank of India added 7.33% at Rs1,023.45 and Reliance Communications rose 6.19% at Rs168.15. DLF, the only stock posting loss for the day, slumped by 2.16% at Rs167.40.
Banking stocks sparkled on the back of firm Asian indices. Oriental Bank of Commerce vaulted by 9.55% at Rs110.65, Axis Bank soared 9.04% at Rs374.05, Punjab National Bank zoomed 8.72% at Rs362.25, Bank of Baroda advanced 7.97% at Rs220.70, Union Bank of India shot up by 6.45% at Rs139.55 and HDFC Bank added 5.60% at Rs884.645. Kotak Mahindra Bank, Bank of India and Indian Overseas Bank gained in the range of 4-5% each.
Over 1.78 crore shares of Ballarpur Industries changed hands on BSE followed by Suzlon Energy (1.05 crore shares), Reliance Natural Resources (98 lakh shares), Satyam Computer Services (78 lakh shares) and GVK Power & Infrastructure (78 lakh shares). | | | | | | | | European Indices at 16:00 IST on 23-03-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 3896.09 | 53.24 | 1.39 | | CAC 40 Index | 2816.08 | 24.94 | 0.89 | | DAX INDEX | 4120.81 | 52.07 | 1.28 | | | | | | | | | | | Asian Indices at close on 23-03-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8215.53 | 269.57 | 3.39 | | Hang Seng Index | 13447.42 | 613.91 | 4.78 | | Kospi Index | 1199.50 | 28.56 | 2.44 | | Straits Times Index | 1664.08 | 67.16 | 4.21 | | Jakarta Composite Index | 1406.64 | 45.75 | 3.36 | | | | | | | | 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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