Sensex

Monday, April 20, 2009

DG - FW: Sharekhan Post-Market Report dated April 20, 2009



 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 20 April 2009 16:28
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 20, 2009

 

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April 20, 2009

 

Index Performance

Index

Sensex

Nifty

Open

11,065.10

3,384.75

High

11,209.66

3,441.10

Low

10,863.28

3,339.45

Today's Cls

10,979.50

3,377.10

Prev Cls

11,023.09

3,384.40

Change

-43.59

-7.30

% Change

-0.40

-0.22

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Hindustan Construction

61.05

10.00

GVK Power

27.20

9.68

GMR Infra

119.50

9.53

Educomp Solutions

2,374.95

8.71

GMDC

57.15

8.65

Losers

Punj Lloyd

112.55

-5.70

Everest Kanto

148.05

-4.64

Rei Agro

63.35

-4.52

BEL

899.75

-3.85

NALCO

225.40

-3.51

Market Statistics

-

BSE

NSE

Advances

1,498

707

Declines

1,032

489

Unchanged

85

42

Volume(Nos)

43.33cr

97.52cr

 Market Commentary 

Pipped at post

Sensex ends with modest loss after witnessing an intra-day swing of 347 points.

The market returned to stability in the afternoon and gradually picked up momentum on healthy buying in metal and realty stocks, but slipped into the red on  

 

profit booking towards the close. The Sensex opened on a positive note at 11065, up 42 points, tracing mix Asian markets. The market remained choppy thereafter but with a positive bias. It moved gradually up on sustained buying in front-line stocks to touch the day's high of 11210. However, a strong bout of selling thereafter saw the market enter into the red, but buying at lower levels helped the Sensex pare some of the losses. The Sensex finally closed at 10979, down 44 points, while the Nifty ended the session at 3377, down 7 points.

The market breadth was positive. Of the 2,615 stocks traded on the BSE, 1,498 stocks advanced, while 1,032 stocks declined. Eighty five stocks ended unchanged. Most of the sectoral indices ended in the green. The BSE Metal Index gained 2.53% followed by the BSE CG Index (up 1.79%) and the BSE CD Index (up 1.65%). However, the BSE Bankex lost 0.96%, the BSE FMCG Index moved down 0.75% and the BSE HC Index lost 0.25%. 

Among the Sensex stocks, Reliance Infrastructure was the lead gainer with the stock price soaring by 5.83% to Rs697. Among other stocks, JP Associates advanced 5.02% to Rs117.15 and Tata Power jumped 4.15% to Rs246.10 while Sterlite Industries, Larsen & Toubro, Tata Steel, Bharti Airtel, ACC, Bharat Heavy Electricals and DLF closed with marginal gains. Among the laggards, ICICI Bank slipped by 3.38% to Rs426.55 and National Thermal Power Corporation shed 3.37% to Rs186.55. Hindalco Industries declined by 2.46% at Rs53.55, Grasim Industries fell by 2.42% to Rs1,595.20 and Tata Power lost 2.39% to Rs859.30. 

Over 3.48 crore shares of Unitech changed hands on the BSE followed by IFCI (1.49 crore shares), Reliance Natural Resources (1.47 crore shares), Cals Refineries (1.40 crore shares) and Satyam Computer Services (1.11 crore shares).

European Indices at 16:00 IST on 20-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4049.60

-43.19

-1.06

CAC 40 Index

3022.75

-69.21

-2.24

DAX INDEX

4562.36

-114.48

-2.45

Asian Indices at close on 20-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8924.75

17.17

0.19

Hang Seng Index

15750.91

149.64

0.96

Kospi Index

1336.39

7.39

0.56

Straits Times Index

1874.85

-21.71

-1.14

Jakarta Composite Index

1661.84

27.05

1.65

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