Sensex

Wednesday, February 04, 2009

DG - FW: Sharekhan Post-Market Report dated February 04, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 04 February 2009 16:09
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated February 04, 2009

 

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February 04, 2009

 

Index Performance

Index

Sensex

Nifty

Open

9,226.20

2,780.70

High

9,338.21

2,842.20

Low

9,164.16

2,780.70

Today's Cls

9,201.85

2,803.05

Prev Cls

9,149.30

2,783.90

Change

52.55

19.15

% Change

0.57

0.69

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Ispat Industries

11.14

12.41

IB Securities

23.05

10.55

Sesa Goa

86.20

6.62

JSW Steel

199.20

5.15

DLF

139.75

5.15

Losers

Aban Offshore

430.25

-7.78

Glenmark Pharma

121.15

-7.55

Aditya Birla Nuvo

426.50

-5.45

Sintex Industries

125.70

-5.38

Educomp Solutions

1,412.85

-5.18

Market Statistics

-

BSE

NSE

Advances

1,148

532

Declines

1,278

623

Unchanged

102

58

Volume(Nos)

36.91cr

74.10cr

 Market Commentary 

Up 53 points

Market closes with gains, but slips over 136 points from the day's high of 9338.

Strong global markets and prevailing bullish sentiments helped Sensex to open with a positive gap of 77 points at 9226. The wide-based NSE's Nifty hit a high of 2842 

 

points in mid-morning trades. The Asian indices like China's Shanghai Composite Index and South Koria's KOSPI Composite Index also closed in positive territory. Sensex gained 189 points on touching the day's high of 9338. The buoyancy in heavyweights and metal stocks kept the market bias up but the market moved in a narrow range throughout the session. Profit booking in some front-line stocks towards the close dragged Sensex to the intra-day low of 9164. Sensex finally wrapped up the session with gains of 53 points at 9202. Nifty closed at 2803, adding 19 points. The breadth of the market was negative. Of the 2,528 stocks traded on BSE, 1,278 stocks declined, 1,148 stocks advanced and 102 stocks ended unchanged.

Among sectoral indices, BSE Metal advanced by 2.99% followed by the BSE Realty (up 1.18% at 1399) and BSE Oil & Gas (up 0.73% at 6190). However, BSE HC and BSE CD closed in negative territory. 

Select front-line stocks notched up significant gains. DLF rose 5.19% at Rs139.80, Tata Steel advanced 4.92% at Rs179.10, Sterlite Industries climbed 4.58% at Rs279.80, JP Associates surged 3.85% at Rs68.85, Maruti Suzuki India scaled up 3.16% at Rs602.40, Reliance Communications added 2.57% at Rs163.70, ONGC jumped 2.25% at Rs664.50, Bharti Airtel moved up by 1.46% at Rs163.70, Hindustan Unilever gained 1.42% at Rs268.20 and ACC was up 1.31% at Rs525. Among laggards, Mahindra & Mahindra slipped by 1.67% at Rs282.85 and Ranbaxy Laboratories dropped 1.32% at Rs206.20 while Hindalco Industries, Larsen & Toubro, ICICI Bank, Reliance Infrastructure, HDFC Bank and Tata Consultancy Services ended with marginal losses.

Over 6.90 crore WWIL shares changed hands on BSE followed by Satyam Computer Services (2.61 crore shares), Spice Communications (1.98 Crore hares), Dish TV (1.07 crore shares) and Ispat Industries (1.05 crore shares).

European Indices at 16:00 IST on 04-02-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4201.23

36.77

0.88

CAC 40 Index

3022.04

39.65

1.33

DAX INDEX

4411.35

35.99

0.82

Asian Indices at close on 04-02-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8038.94

213.43

2.73

Hang Seng Index

13093.89

287.00

2.25

Kospi Index

1195.37

32.17

2.77

Straits Times Index

1707.39

-4.53

-0.26

Jakarta Composite Index

1320.36

16.03

1.23

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