Sensex

Monday, February 16, 2009

DG - FW: Sharekhan Post-Market Report dated February 16, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 16 February 2009 16:43
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated February 16, 2009

 

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February 16, 2009

 

Index Performance

Index

Sensex

Nifty

Open

9,637.04

2,948.25

High

9,637.04

2,953.20

Low

9,279.10

2,839.10

Today's Cls

9,305.45

2,848.50

Prev Cls

9,634.74

2,948.35

Change

-329.29

-99.85

% Change

-3.42

-3.39

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

United Phosphorus

101.15

4.44

Ashok Leyland

15.54

2.71

Jai Corp

77.80

2.30

GTL Infra

32.30

1.89

Sun TV

175.00

1.69

Losers

Indiabulls Real Estate

98.60

-9.62

Piramal Healthcare

183.50

-8.80

JP Associates

69.55

-7.88

Reliance Capital

397.85

-7.76

Century Textiles

163.60

-7.67

Market Statistics

-

BSE

NSE

Advances

776

390

Declines

1,598

785

Unchanged

108

38

Volume(Nos)

27.87cr

61.57cr

 Market Commentary 

Sensex cools, drops 329 points

Selling in metal stocks see Sensex plummet 3.42% for the day.

The market took a sharp dip in early trades and the downward spell continued unabated for the day. Sensex began the session with a positive gap of just three  

 

points at 9637, however sudden spurt in selling, particularly in metal, realty, banking and capital goods stocks dragged the index just above 9,300 level to the day’s low of 9279. Sensex pared some losses on selective buying in fast moving consumer goods stocks and ended the session with a loss of 329 points at 9305. Nifty was 100 points down closing at 2849.

The market breadth was negative. Of 2,482 stocks traded on BSE, 1,598 stocks declined, 776 stocks advanced and 108 stocks ended unchanged. All the 13 sectoral indices ended lower. BSE Metal shed 4.75% followed by BSE Realty (down 4.58%) and BSE Bankex (down 4.58%).

Among Sensex stocks, JP Associates tumbled 7.88% at Rs69.55, Reliance Infrastructure plunged 6.35% at Rs533.15, ICICI Bank slumped 5.79% at Rs409.20, Reliance Communications dropped 5.78% at Rs171.15, Tata Steel shed 5.20% at Rs184.05, Reliance Industries lost 5.17% at Rs1319.05, Larsen & Toubro was down 4.96% at Rs666.30 and State Bank of India declined 4.86% at Rs1136.00. Other front-line stocks lost around 1-4% each. However, ITC was marginally up at Rs180.40.

Over 2.38 crore shares of Unitech changed hands on BSE followed by Satyam Computer Services (2.01 crore shares), Cals Refineries (1.45 crore shares), DLF (0.91 crore shares) and HDIL (0.83 crore shares).

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

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4157.71

31.88

-0.76

CAC 40 Index

2980.05

17.81

-0.59

DAX INDEX

4384.25

29.14

-0.66

Asian Indices at close on 16-02-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

7750.17

29.23

-0.38

Hang Seng Index

13455.88

98.79

-0.73

Kospi Index

1175.47

16.97

-1.42

Straits Times Index

1683.31

22.33

-1.31

Jakarta Composite Index

1342.02

3.26

0.24

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