| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,334.47 | 2,849.35 | | High | 9,379.68 | 2,873.85 | | Low | 9,164.96 | 2,795.35 | | Today's Cls | 9,236.28 | 2,823.95 | | Prev Cls | 9,257.47 | 2,849.50 | | Change | -21.19 | -25.55 | | % Change | -0.23 | -0.90 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Edelweiss Capital | 289.80 | 11.72 | | Sun TV | 162.40 | 7.66 | | Bharat Forge | 85.60 | 7.13 | | Oriental Bank | 137.45 | 6.43 | | Container Corporation | 711.55 | 5.85 | | Losers | | Cummins India | 171.90 | -12.92 | | Max India | 114.15 | -8.42 | | United Spirits | 525.60 | -8.08 | | Jubilant ORG | 118.75 | -7.34 | | DLF | 165.00 | -7.15 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,148 | 498 | | Declines | 1,262 | 675 | | Unchanged | 96 | 46 | | Volume(Nos) | 38.48cr | 90.41cr | | | | | | Market Commentary | | | Market trips on volatile moves | | Market ends in red after witnessing an intra-day swing of 215 points. | | The market remained highly volatile, as key indices kept swinging between positive and negative zones all through the day. Resuming slightly above its previous | 
| | | close (9330), market snapped the gains in early trades before frenzied buying propelled Sensex to an intra-day high of 9380. While the market failed to make any further impact thereafter, the index drifted into the red once again in noon to touch the day's low of 9165. Sensex, after witnessing an intra-day swing of 215 points, ended 21 points down at 9236, while Nifty declined 26 points to close at 2824.
However, the market breadth was negative. Of the 2,506 stocks traded on the BSE, 1,148 stocks advanced, whereas 1,262 stocks declined. Ninety six stocks ended unchanged. In a volatile market, BSE Auto rose 1.34% while BSE IT, BSE Metal and BSE Bankex ended positive. Other sectoral indices however ended at lower levels.
Dragging the market DLF shed 7.15% at 165, Bharti Airtel dipped 4.80% at Rs622.25, Wipro lost 3.33% at Rs226.55, Bharat Heavy Electricals Ltd slipped 2.72% at Rs1355.70 and Reliance Communications lost 2.61% at Rs162.05. Larsen & Toubro, Ranbaxy Laboratories, Sun Pharmaceutical Industries, State Bank of India, Hindustan Unilever, National Thermal Power Corporation, ITC and ONGC were down 1% each. Jaiprakash Associates however advanced 5.06% at Rs69.55 followed by Maruti Suzuki India that gained 4.67% at Rs544.80. Mahindra & Mahindra scaled up 4.23% at Rs295.85 and Tata Steel moved up 4.23% at Rs295.85. Tata Steel, Hindalco Industries, Tata Motors, Infosys and HDFC ended with steady gains.
Over 9.71 crore shares of Satyam Computer Services changed hands on the BSE followed by Unitech (3.20 crore shares), Suzlon Energy (1.98 crore shares), Oriental Bank of Commerce (1.16 crore shares) and Cals Refineries (1.16 crore shares). | | | | | | | | European Indices at 16:00 IST on 29-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4211.23 | -83.97 | -1.95 | | CAC 40 Index | 3019.12 | -56.89 | -1.85 | | DAX INDEX | 4443.24 | -75.68 | -1.68 | | | | | | | | | | | Asian Indices at close on 29-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8251.24 | 144.95 | 1.79 | | Hang Seng Index | 13154.43 | 575.83 | 4.58 | | Kospi Index | 1166.56 | 8.58 | 0.74 | | Straits Times Index | 1766.72 | 0.64 | 0.04 | | Jakarta Composite Index | 1324.65 | 3.20 | 0.24 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |
