Sensex

Tuesday, January 06, 2009

DG - Satyams Director Resigns - The Letter

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DG - FW: Sharekhan Post-Market Report dated January 06, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 06 January 2009 16:16
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated January 06, 2009

 

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January 06, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,258.38

3,121.50

High

10,392.12

3,141.80

Low

10,150.68

3,056.10

Today's Cls

10,335.93

3,112.80

Prev Cls

10,275.60

3,121.45

Change

60.33

-8.65

% Change

0.59

-0.28

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

India Cements

118.95

11.90

Ultratech Cement

428.65

11.80

BGR Energy

182.35

10.58

Hindustan Zinc

421.10

9.25

Ambuja Cements

76.20

8.62

Losers

Rei Agro

655.00

-5.84

Reliance Comm

248.85

-5.65

DLF

279.80

-5.41

Videocon Industries

126.55

-5.03

IFCI

25.05

-4.57

Market Statistics

-

BSE

NSE

Advances

1,244

525

Declines

1,271

679

Unchanged

91

37

Volume(Nos)

42.50cr

89.11cr

 Market Commentary 

Flat amid volatility

Sensex ends flat after witnessing a 241-point intra-day swing.

The market was very volatile and swung 241 points during intra-day trades, as shares gyrated sharply between zones all through the trading session. Taking cue from

 

firm global indices, Sensex started on a positive note at 10,258. However it failed to sustain its gains, as a sharp bout of profit-taking pulled the index below 10,200 to an intra-day low of 10,151. While the market remained lacklustre with a negative bias for sometime, Sensex rolled back to the green by mid-noon trades on renewed buying support, and surged to an intra-day high of 10,392. But, a fresh round of profit-taking towards the fag end saw Sensex pare its gains and end at 10,336, up 60 points, while Nifty lost nine points to close at 3,113.

The market breadth was negative. Of 2,606 stocks traded on BSE, 1,271 stocks declined, whereas 1,244 stocks advanced. Ninety one stocks remained unchanged. Among sectoral indices, BSE Realty dropped 3.98% while BSE CD, BSE Tech, BSE Power and BSE PSU also ended at lower levels. BSE Metal, BSE Bankex and BSE Auto gained around 1-2% each.

Select heavyweights edged higher on the back of decent buying. Grasim Industries rose 8.37% at Rs1,334.65, ACC jumped 7.67% at Rs544.95, JP Associates advanced 7.34% at Rs100.85, Satyam Computer Services added 7.31% at Rs179.10, Mahindra & Mahindra gained 7.23% at Rs317.95 and HDFC Bank gained 5.53% at Rs1100.45. However, select front-line stocks came under selling pressure. Reliance Communications was the major loser and dropped 5.65% at Rs248.85. Other draggers were DLF that declined 5.41% at Rs279.80, Bharti Airtel that dropped 4.17% at Rs656.80 and Tata Power that shed 3.07% at Rs804.70. 

Over 3.06 crore shares of Unitech changed hands on BSE followed by Reliance Natural Resources (2.47 crore shares), Suzlon Energy (2.17 crore shares), IFCI (2.06 crore shares) and JP Associates (1.23 crore shares). 

European Indices at 16:00 IST on 06-01-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4608.98

29.34

0.64

CAC 40 Index

3401.80

41.88

1.25

DAX Index

5043.60

59.61

1.20

Asian Indices at close on 06-01-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

9080.84

37.72

0.42

Hang Seng Index

15509.51

-53.80

-0.35

Kospi Index

1194.28

20.71

1.76

Straits Times Index

1913.66

-11.21

-0.58

Jakarta Composite Index

1435.53

-1.80

-0.13

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BigGains !!
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