| | Index Performance | Index | Sensex | Nifty | Open | 9,559.03 | 2,927.40 | High | 9,580.13 | 2,939.00 | Low | 9,445.54 | 2,886.55 | Today's Cls | 9,465.83 | 2,893.05 | Prev Cls | 9,618.54 | 2,925.70 | Change | -152.71 | -32.65 | % Change | -1.59 | -1.12 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | Spice Tele | 78.85 | 50.05 | RCF | 42.35 | 14.77 | Piramal Healthcare | 200.95 | 9.75 | Pantaloon | 176.30 | 7.47 | M&M | 299.85 | 6.86 | Losers | United Spirits | 665.25 | -9.39 | GE Shipping | 200.60 | -5.69 | IVRCL Infra | 120.20 | -5.32 | Phoenix Mills | 54.95 | -5.26 | Opto Circuits | 89.00 | -4.91 | | Market Statistics | - | BSE | NSE | Advances | 1,309 | 662 | Declines | 1,090 | 506 | Unchanged | 113 | 55 | Volume(Nos) | 34.79cr | 67.99cr | | | | | Market Commentary | | Market weak on overseas cues | Weakness in overseas markets and heavy selling in IT, Teck, and oil stocks saw Sensex shed over 173 points. | Market continued to trade weak on the back of slump in the US markets. Asian markets too lost ground with Hang Seng, Kospi and Nikkie slipping into the red by over | | | 1-3% each. Sensex continued the weak trend as the market witnessed another round of selling with index heavyweights, metal, banking, and public sector unit stocks shaving off over 150 points during intra-day trades. As selling gained momentum the index shed over 173 points and slipped below 9500-mark to touch the day's low of 9446. Sensex managed to trim losses towards the close, however the index finally ended the session by slipping over 153 points at 9466. The Nifty shed 33 points to close at 2893. However the market breadth was Positive. Of the 2,512 stocks traded on BSE, 1,309 stocks advanced, 1,090 stocks declines and 113 stocks ended unchanged. Except few, all the sectoral indices had a weak outing. BSE IT slipped sharply and dropped 2.46% followed by BSE Teck (down 2.27%), BSE Oil (down 1.85%), BSE CG (down 1.30%), BSE Bankex (down 1.15%) and BSE Metal (down 0.97%). While BSE Realty advanced 1.30%, BSE Auto managed closed in positive with a marginal gain. Out of 30 Sensex stocks, 22 stocks closed negative. Among the major losers JP Associates slumped by 4.76% at Rs73.05, Ranbaxy Laboratories plummeted by 3.82% at Rs212.75, Bharti Airtel tumbled by 3.52% at Rs650.45, Infosys shed 3.39% at Rs1258.35, ICICI Bank crashed by 3.24% at Rs421.30, Maruti Suzuki India dropped 2.99% at Rs613.65 and Tata Steel declined by around 2.55% at Rs185.45. However, Mahindra & Mahindra jumped 6.86% at Rs299.85, DLF gained 3.58% at Rs156.25, Reliance Infrastructure added 1.57% at Rs550, Sun Pharmaceutical Industries moved up 0.85% at Rs1105.55 while, Hindalco Industries, Wipro, Tata Motors and State Bank of India ended marginally higher. Over 1.79 crore shares of Unitech changed hands on BSE followed by Spice Telecom (1.68 crore shares), Cals Refineries (1.63 crore shares), Satyam Computer Services (1.52 crore shares) and Hexaware Technologies (1.31 crore shares). | | | | | | | | European Indices at 16:00 IST on 12-02-2009 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 Index | 4187.92 | -46.34 | -1.09 | CAC 40 Index | 2979.75 | -47.97 | -1.58 | DAX INDEX | 4447.23 | -82.91 | -1.82 | | | | | | | | | | | Asian Indices at close on 12-02-2009 | | | Index | Level | Change (pts) | Change (%) | Nikkei 225 | 7705.36 | -240.58 | -3.03 | Hang Seng Index | 13228.30 | -310.91 | -2.30 | Kospi Index | 1179.84 | -10.34 | -0.87 | Straits Times Index | 1684.96 | -37.01 | -2.15 | Jakarta Composite Index | 1325.42 | 0.60 | 0.05 | | | | | | | | To know more about our products and services, click here. | | | | | | “This document has been prepared by Sharekhan Ltd. 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