Sensex

Friday, January 02, 2009

DG - FW: Sharekhan Post-Market Report dated January 02, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 02 January 2009 16:15
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated January 02, 2009

 

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January 02, 2009

 

Index Performance

Index

Sensex

Nifty

Open

9,973.06

3,034.60

High

10,070.28

3,079.85

Low

9,863.86

3,021.80

Today's Cls

9,958.22

3,046.75

Prev Cls

9,903.46

3,033.45

Change

54.76

13.30

% Change

0.55

0.44

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

India Infoline

67.95

19.53

Nagarjuna Construction

84.55

14.10

Hindustan Construction

57.35

10.29

GMDC

50.40

9.92

Jubilant Organosys

130.25

9.32

Losers

NDTV

123.65

-4.88

Zee Enter

138.00

-3.63

Balrampur Chini

49.80

-3.39

Rei Agro

681.85

-3.37

BEL

750.55

-3.06

Market Statistics

-

BSE

NSE

Advances

1,702

874

Declines

820

336

Unchanged

78

27

Volume(Nos)

45.80cr

87.90cr

 Market Commentary 

Closer to 10K

Extensive buying in heavyweight, consumer durable and realty stocks saw Sensex close on a firm note at 9,958.

The market showed no signs of cooling off and remained extremely bullish on across-the-board buying support all through the day. Spearheaded by robust gains 

 

in several heavyweights, Sensex commenced firm above 9,950 and soon surpassed 10,000. Maintaining its upward bias the 30-stock index notched up gains as buying in consumer durable, realty and banking stocks lifted the index to an intra-day high of 10,070. Sensex finally signed off at 9,958, up 55 points, while Nifty rose 13 points to close at 3,047.

The market breadth was extremely positive. Of 2,600 stocks traded on BSE, 1,702 stocks advanced, whereas 820 stocks declined. Seventy eight stocks ended unchanged. On sectoral front, BSE CD advanced 2.44% followed by BSE Realty (up 2.07%), BSE Bankex (up 1.60%), BSE Power (up 1.33%) and BSE Oil (up 1.32%). 

Among gainers, Hindalco Industries surged 3.23% at Rs55.95, DLF soared 3.03% at Rs300.60, Reliance Infrastructure advanced 2.96% at Rs630.50, HDFC jumped 2.67% at Rs1544.95, Tata Motors added 2.57% at Rs175.35, Reliance Industries was up 2.41% at Rs1,283.90 and Reliance Communications added 2.02% at Rs250.35. Mahindra & Mahindra, ITC, ICICI Bank , State Bank of India, National Thermal Power Corporation and Bharat Heavy Electricals Ltd also ended with strong gains. However, Satyam Computer Services, Bharti Airtel, Wipro, Tata Power, Infosys Technologies and Hindustan Unilever crept marginally lower.

Over 3.31 crore shares of Unitech changed hands on BSE followed by Reliance Natural Resources (3.02 crore shares), GVK Power & Infrastructure (2.03 crore shares), Suzlon Energy (1.96 crore shares) and Satyam Computer Services (1.51 crore shares).

European Indices at 16:00 IST on 02-01-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4465.71

31.36

0.71

CAC 40 Index

3263.84

45.87

1.43

DAX Index

4883.59

73.21

1.52

Asian Indices at close on 02-01-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8859.56

-

-

Hang Seng Index

15042.81

655.33

4.55

Kospi Index

1157.40

32.93

2.93

Straits Times Index

1829.71

68.15

3.87

Jakarta Composite Index

1355.41

14.52

1.08

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