Sensex

Wednesday, February 18, 2009

DG - FW: Sharekhan Post-Market Report dated February 18, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 18 February 2009 16:09
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated February 18, 2009

 

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February 18, 2009

 

Index Performance

Index

Sensex

Nifty

Open

8,939.38

2,755.15

High

9,113.92

2,806.50

Low

8,922.31

2,736.65

Today's Cls

9,015.18

2,776.15

Prev Cls

9,035.00

2,770.50

Change

-19.82

5.65

% Change

-0.22

0.20

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Alstom Projects

283.15

9.07

DLF

158.70

7.34

Educomp Solutions

2,117.75

5.56

BPCL

416.55

5.46

Bajaj Auto

496.50

4.71

Losers

GE Shipping

165.70

-6.81

Spice Tele

67.55

-6.57

Jubilant ORG

115.50

-5.56

Union Bank

128.05

-5.36

Gujarat NRE Coke

21.35

-4.90

Market Statistics

-

BSE

NSE

Advances

1,006

456

Declines

1,381

690

Unchanged

107

66

Volume(Nos)

22.60cr

50.90cr

 Market Commentary 

Market ends flat

The Sensex ended with modest gains after witnessing an intra-day swing of 102 points.

The market returned to stability in the afternoon and gradually picked up momentum on healthy buying in reality and oil stocks but slipped into the red on profit booking towards the close.   

 

The Sensex opened on a cautious note at 8939, down 96 points, tracing the weak Asian markets. The market remained choppy thereafter but with a positive bias. It moved gradually up on sustained buying in front-line stocks to touch the day's high of 9114. However, a strong bout of selling thereafter saw the market enter into the red towards the close but buying at lower levels helped the Sensex to pare some of the losses. The Sensex finally closed at 9015, down 20 points, while the Nifty ended the session at 2776, up six points.

The market breadth was negative, of the 2,494 stocks that traded on the BSE, 1,381 stocks declined, 1,006 stocks advanced and 107 stocks ended unchanged. Most of the sectoral indices ended in the red. The BSE Bankex dropped 2.27% followed by the BSE CD Index (down 1.70%) and the BSE HC Index (down 0.37%). However, the BSE Realty Index gained 3.18%, the BSE Oil Index rose 1.39% and the BSE Power Index gained 0.51%. 

Among the Sensex stocks, reality major DLF was the lead gainer and its stock price soared 7.34% to Rs158.70. Among the other stocks, Maruti advanced 4.39% to Rs624.80 and ACC jumped 3.19% to Rs562.90 while Reliance Industries, BHEL, NTPC, Bharti, Tata Motors, JP Associates and Grasim closed with marginal gains. Among the laggards, HDFC slipped 4.76% to Rs1,364.30 and Mahindra & Mahindra shed 4.74% to Rs284.55. ICICI Bank declined by 4.29% at Rs369.35, Reliance Infra fell by 3.41% to Rs501.20 and SBI lost 2.69% to Rs1,070.80. 

Over 1.26 crore Unitech shares changed hands on the BSE followed by Cals Refinery (0.93 crore shares), Satyam (0.89 crore shares), DLF (87 lakh shares) and Suzlon Energy (69.96 lakh shares).

European Indices at 16:00 IST on 18-02-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3968.25

-65.88

-1.63

CAC 40 Index

2838.09

-37.14

-1.29

DAX INDEX

4154.66

-62.89

-1.51

Asian Indices at close on 18-02-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

7534.44

-111.07

-1.45

Hang Seng Index

13016.00

70.60

0.55

Kospi Index

1113.19

-14.00

-1.24

Straits Times Index

1651.06

13.14

0.80

Jakarta Composite Index

1330.61

12.57

0.95

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