| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,125.65 | 2,737.00 | | High | 9,342.47 | 2,835.65 | | Low | 9,125.65 | 2,724.20 | | Today's Cls | 9,323.59 | 2,828.45 | | Prev Cls | 9,046.74 | 2,736.70 | | Change | 276.85 | 91.75 | | % Change | 3.06 | 3.35 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Neyveli Lignite | 75.15 | 10.76 | | Federal Bank | 155.85 | 9.41 | | Triveni Engineering | 51.15 | 9.06 | | KSK Energy | 163.50 | 8.46 | | Renuka Sugar | 71.90 | 7.88 | | Losers | | Hindustan Construction | 43.05 | -11.51 | | United Spirits | 725.25 | -7.25 | | Unitech | 30.10 | -5.49 | | Bajaj Finserv | 187.45 | -4.99 | | Indiabulls Financial | 101.45 | -4.96 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,241 | 625 | | Declines | 1,162 | 534 | | Unchanged | 94 | 54 | | Volume(Nos) | 29.90cr | 60.80cr | | | | | | Market Commentary | | | Market bounces back to action | | Across-the-board rally sees the market bounce back sharply from yesterday’s loss and gain 3.06% for the day. | | After crashing 324 points yesterday, the market witnessed a strong relief rally on across-the-board buying throughout the day. Strong optimism in key indices | 
| | | triggered a steep rally and the oil & gas index managed to register 5.09% gains. Sensex opened on a firm note, up 79 points at 9,127 and remained upbeat all through the session on sustained buying. The rally gathered steam towards the close and Sensex touched an intra-day high of 9,342 before ending the session at 9,324, up 277 points. Nifty also bounced back sharply and advanced 92 points to close at 2,828.
The breadth of the market was positive. Of the 2,497 stocks traded on BSE, 1,241 stocks advanced, whereas 1,162 stocks declined. Ninty four stocks ended unchanged. All sectoral indices closed with significant gains. BSE Oil & Gas was the major gainer, soaring 5.09% followed by BSE Power (up 4.29%), BSE Metal (up 3.45%), BSE PSU (up 3.36%) and BSE Bankex (up 2.42%).
Among the 30 Sensex stocks, 25 ended in the green. Attracting strong buying support National Thermal Power Corporation (NTPC) surged 7.69% at Rs179.85, Reliance Infrastructure soared 7.34% at Rs541.20, Reliance Industries jumped 6.56% at Rs1,218.40, Tata Power advanced 4.89% at Rs773.35, Reliance Communications added 4.77% at Rs182.60, Bharti Airtel zoomed 4.77% at Rs632.85, ONGC gained 3.72% at Rs648.15, ICICI Bank vaulted 3.69% at Rs423.95, Hindalco was up 3.63% at Rs423.95 and Bharat Heavy Electricals Ltd (BHEL) closed 3.24% stronger at Rs1,397.65. Other front-line stocks also moved up by 1-2% each.
Over 6.15 crore shares of Satyam Computer Services (Satyam) changed hands on BSE followed by Unitech (2.59 crore shares), Reliance Natural Resources (1.64 crore shares), Bank of Baroda (1.24 crore shares) and Suzlon Energy (69 lakh shares). | | | | | | | | European Indices at 16:00 IST on 16-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4196.05 | 74.94 | 1.82 | | CAC 40 Index | 3078.63 | 82.04 | 2.74 | | DAX INDEX | 4447.02 | 111.32 | 2.56 | | | | | | | | | | | Asian Indices at close on 16-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8230.15 | 206.84 | 2.58 | | Hang Seng Index | 13255.51 | 12.55 | 0.09 | | Kospi Index | 1135.20 | 23.86 | 2.15 | | Straits Times Index | 1730.45 | 26.39 | 1.55 | | Jakarta Composite Index | 1363.88 | 20.38 | 1.52 | | | | | | | | 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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