| | | | Index Performance | | Index | Sensex | Nifty | | Open | 11,371.34 | 3,469.50 | | High | 11,375.97 | 3,471.95 | | Low | 10,961.76 | 3,351.50 | | Today's Cls | 11,001.75 | 3,362.35 | | Prev Cls | 11,371.85 | 3,470.00 | | Change | -370.10 | -107.65 | | % Change | -3.25 | -3.10 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Godrej Conumer | 144.85 | 7.98 | | Indian Oil | 449.75 | 3.08 | | Castrol | 327.90 | 2.84 | | Colgate | 479.40 | 1.54 | | Piramal Health | 226.85 | 1.27 | | Losers | | IVRCL Infra | 161.30 | -11.40 | | Indian Bank | 100.25 | -10.97 | | Nagarjuna Const | 68.85 | -10.65 | | Aban Offshore | 395.25 | -10.56 | | Aditya Birla Nuvo | 523.75 | -10.54 | | | Market Statistics | | - | BSE | NSE | | Advances | 654 | 178 | | Declines | 1,807 | 1,027 | | Unchanged | 81 | 27 | | Volume(Nos) | 37.71cr | 82.52cr | | | | | | Market Commentary | | | Market close to 11000 | | Benchmark Sensex remains bearish all through the day amid weakness across international markets and closes 370 points down | | The Sensex had witnessed a firm trend and had surged over 500 points on strong buying over the last three sessions. | 
| | | However, bears hit back strongly today and triggered a major sell-off during intra-day trades. Tracking weak Asian markets, the 30-stock Sensex started the day with a negative gap at 11371 and continued to slide down. After plunging below 11000-mark to touch the day's low of 10962, the market moved within a range with a negative bias. Towards the close, the market witnessed panic selling and the Sensex ended 370 points down at 11002 while the 50-stock index, Nifty, shed 108 points to close at 3362.
Beaten or bashed, none of the sectoral indices were spared. The BSE Realty index and the BSE Metal dropped over 5% each, while the BSE Bankex index, the BSE CG index, the BSE Power index and the BSE PSU index were down over 2-4% each. The BSE small-cap index ended with loss of 3% and the BSE mid-cap index was down 3%.
Market breadth, the number of advancing shares to declining ones, was negative for the day. Of the 2,542 stocks traded on the BSE, 1,807 stocks declined, whereas only 654 stocks advanced. Eighty one stocks ended unchanged. All the index heavyweights ended lower. DLF was the major loser, tumbling 7.81% at Rs224.80 for the day. Sterlite Industries at Rs383.20, Tata Steel at Rs234.30, HDFC at Rs1,671.05, Reliance Communications at Rs207.55 and Reliance Infrastructure at Rs662 slumped around 7% each. Among other major losers, Tata Motors dropped 6.41% at Rs232.80, ICICI Bank lost 6.11% at Rs439.35, Bharat Heavy Electricals fell 4.12% at Rs1,601.65, Hindalco Industries lost 4.04% at Rs53.45 and HDFC Bank declined by 4.01% at Rs1,070.75.
Over 4.54 crore shares of Cals Refineries changed hands on the BSE followed by Unitech (2.30 crore shares), Birla Power (2.29 crore shares), JP Associates (1.59 crore shares) and Reliance Natural Resources (1.38 crore shares). | | | | | | | | European Indices at 16:00 IST on 28-04-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4085.91 | -81.10 | -1.95 | | CAC 40 Index | 3030.38 | -72.05 | -2.32 | | DAX INDEX | 4572.37 | -121.70 | -2.59 | | | | | | | | | | | Asian Indices at close on 28-04-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8473.77 | -232.57 | -2.67 | | Hang Seng Index | 14555.11 | -285.31 | -1.92 | | Kospi Index | 1300.24 | -39.59 | -2.95 | | Straits Times Index | 1808.41 | -10.20 | -0.56 | | Jakarta Composite Index | 1595.91 | 19.83 | 1.26 | | | | | | | | 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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