Sensex

Tuesday, January 20, 2009

DG - Obama's Presidential Car

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

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 20 January 2009 16:14
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated January 20, 2009

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

 

January 20, 2009

 

Index Performance

Index

Sensex

Nifty

Open

9,159.76

2,842.90

High

9,159.76

2,842.90

Low

9,033.55

2,758.00

Today's Cls

9,100.55

2,796.60

Prev Cls

9,329.57

2,846.20

Change

-229.02

-49.60

% Change

-2.45

-1.74

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Neyveli Lignite

87.05

13.27

Power Grid

86.70

10.73

BEML

367.70

6.46

Torrent Power

78.05

6.12

Bajaj Finserv

187.00

5.00

Losers

Jet Airways

167.90

-10.60

Bajaj Auto

460.10

-7.76

Zee Enter

121.40

-7.33

Pantaloon Retail

161.40

-6.57

Educomp Solutions

1969.35

-6.50

Market Statistics

-

BSE

NSE

Advances

1,018

416

Declines

1,342

753

Unchanged

95

47

Volume(Nos)

29.01cr

56.15cr

 Market Commentary 

Sensex cools, drops 229 points

Selling pressure in the oil segment saw the Sensex plummet by 2.45%.

The market took a sharp dip in the early trades and continued to move down. The Sensex began the trading session with a negative gap of 170 points at 9160 and  

 

exhibited weakness through the day. The selling pressure in front-line stocks kept the metal and reality stocks in the red that dragged down the index to an intra-day low of 9034. The Sensex pared some losses on selective buying in power and PSU stocks and ended the session with losses of 229 points at 9101. The Nifty was 50 points down and closed at 2797.

The breadth of the market was negative. Of the 2,455 stocks traded on the BSE, 1,342 stocks declined, 1,018 stocks advanced and 95 stocks ended unchanged. Among the sectoral indices the BSE Metal Index shed 3.76% followed by the BSE Reality Index (down 3.31%) and the BSE Bankex (down 3.11%). On the other hand, the BSE Power Index was up 1.44%.

Among the Sensex stocks, Tata Steel tumbled 6.22% at Rs195.25, Bharti Airtel plunged 5.40% at Rs612, Reliance Communication slumped 4.76% at Rs176.15, JP Associate dropped 4.41% at Rs66.15, ICICI Bank shed 4.10% at Rs396.10, Reliance Communication lost 3.88% at Rs1182, Sterlite Industries was down 3.75% at Rs260.50 and Hindalco declined 3.65% at Rs48.90. The other front-line stocks lost around 1-3% each. However, NTPC was marginally up at Rs185.70, Reliance Infra gained 3.16% at Rs552 and Tata Power was up at Rs769.95.

Over 4.59 crore Satyam shares changed hands on the BSE followed by Cals Refinery (2.71 crore shares), Unitech (2.47 crore shares), GVK Power (1.15 crore shares) and Suzlon (98.36 lakh shares).

European Indices at 16:00 IST on 20-01-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4166.89

82.24

1.42

CAC 40 Index

3014.13

24.44

0.79

DAX INDEX

4362.21

45.71

1.06

Asian Indices at close on 20-01-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8065.79

-191.06

-2.31

Hang Seng Index

12959.77

-380.22

-2.85

Kospi Index

1126.81

-23.84

-2.07

Straits Times Index

1723.37

-23.62

-1.35

Jakarta Composite Index

1344.15

-6.54

-0.48

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BigGains !!
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