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Tuesday, January 27, 2009

DG - General Election will be held in April 8 to May 15

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DG - FW: Sharekhan Post-Market Report dated January 27, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 27 January 2009 16:15
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated January 27, 2009

 

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January 27, 2009

 

Index Performance

Index

Sensex

Nifty

Open

8,803.07

2,686.05

High

9,021.97

2,777.30

Low

8,789.06

2,685.25

Today's Cls

9,004.08

2,771.35

Prev Cls

8,674.35

2,678.55

Change

329.73

92.80

% Change

3.80

3.46

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

IB Securities

20.60

19.08

Oracle Financial

566.10

15.64

Jindal Steel

875.50

12.52

Rolta India

82.55

12.16

Sterlite Industries

267.80

11.84

Losers

Asian Paints

805.50

-12.69

Divis Lab

851.10

-8.46

Yes Bank

58.45

-7.95

Biocon

100.30

-7.30

Glenmark Pharma

188.15

-7.22

Market Statistics

-

BSE

NSE

Advances

1,217

632

Declines

1,168

543

Unchanged

100

42

Volume(Nos)

25.81cr

57.15cr

 Market Commentary 

On track after week 

Market rallies sharply and closes above 9000 mark on sharp appreciation in metal, power, teck and IT stocks.

After a subdued trend last week, Sensex staged a recovery today and Nifty scaled high. Bulls were back in action after closing flat on Friday, as the market

 

registered sharp gains on the back of all-round buying support. Taking cue from buoyant international indices, Sensex resumed 129 points above its previous close at 8803 on the back of strong buying in heavyweight, metal and fast moving power stocks. This buoyancy triggered a major rally that propelled the index to an intra-day high of 9022 in afternoon. Though Sensex held firm above 8900 for a major portion of the trading session, it finally closed at 9004, up 330 points. Nifty advanced 93 points at 2771.

The breadth of the market was positive on BSE. Of the 2,485 stocks traded on BSE 1,217 stocks advanced, 1,168 stocks declined and 100 stocks ended unchanged. All the sectoral indices on BSE ended positive. BSE Metal ended firm with gains of 5.55% while BSE Power rose 4.66%. BSE Teck added 4.39% and BSE IT added 4.05%. While BSE Oil, BSE Bankex, BSE Realty and BSE Teck ended in the positive territory.

Action in several index heavyweights lifted the market. Sterlite Industries led the pack and shot up by 11.84% at Rs267.80. Reliance Energy soared 11.14% at Rs539.60, Reliance Communications surged 7.15% at Rs171.60, Sun Pharmaceutical Industries flared up by 6.43% at Rs1075.85, Reliance Industries jumped by 6.41% at Rs1227, National Thermal Power Corporation added 5.99% at Rs190.15, Ranbaxy Laboratories advanced by 5.87% at Rs198.50, Wipro moved up by 5.75% at Rs226.15 and Bharti Airtel was up 5.21% at Rs647.75.

Over 4.84 crore shares of Satyam Computer Services changed hands on BSE followed by Unitech (1.17 crore shares), GVK Power & Infrastructure (0.88 crore shares), Reliance Natural Resources (71.40 lakh shares) and United Spirits (70.60 lakh shares).

Valuewise, United Spirits registered a turnover of Rs327 crore on BSE followed by Satyam Computer Services (Rs225 crore), Reliance Industries (Rs212 crore), Educomp Solutions (Rs131 crore) and Reliance Infrastructure (Rs128 crore).

European Indices at 16:00 IST on 27-01-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4187.35

-21.66

-0.51

CAC 40 Index

2956.84

1.47

0.15

DAX INDEX

4343.42

16.90

0.39

Asian Indices at close on 27-01-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8061.07

378.93

4.93

Hang Seng Index

12578.60

-

-

Kospi Index

1093.40

-

-

Straits Times Index

1685.23

-

-

Jakarta Composite Index

1333.63

21.05

1.60

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DG - Elections 09 : Rahul Gandhi giving speech in Rae Barlli today accompanied by Sonia & Lalu

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