| | | | Index Performance | | Index | Sensex | Nifty | | Open | 8,943.78 | 2,789.30 | | High | 8,943.78 | 2,789.30 | | Low | 8,762.58 | 2,709.30 | | Today's Cls | 8,843.21 | 2,736.45 | | Prev Cls | 9,042.63 | 2,789.35 | | Change | -199.42 | -52.90 | | % Change | -2.21 | -1.90 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Tata Tea | 537.95 | 3.39 | | IRB Infra | 102.00 | 2.82 | | GE Shipping | 172.05 | 2.56 | | M&M Financial | 197.65 | 2.52 | | ABB | 400.35 | 1.82 | | Losers | | Educomp Solutions | 1,771.85 | -12.10 | | Spice Tele | 73.95 | -10.25 | | Jain Irrigation | 340.80 | -7.55 | | ICICI Bank | 335.95 | -7.07 | | Sesa Goa | 81.65 | -6.79 | | | Market Statistics | | - | BSE | NSE | | Advances | 758 | 258 | | Declines | 1,656 | 928 | | Unchanged | 86 | 33 | | Volume(Nos) | 20.72cr | 42.31cr | | | | | | Market Commentary | | | Dow effect; market below 8900 | | Weak cues from markets globally spur across-the-board selling in Indian markets with Sensex down by 199 points. | | With Dow Jones down to its 6-year low and Asian markets opening weak, Sensex lost 2.20% for the day. Starting the day with a negative note (at 8944) the markets could not recover, as sentiment | 
| | | turned extremely bearish as the day passed. A sharp fall in heavy weights, correction in Bankex (the banking index) and drop in information technology, metal, technology and oil stocks dragged Sensex below 8800 mark in the afternoon to touch the day's low of 8763, down 280 points. The index closed the day 199 points down at 8843 whereas Nifty shed 53 points to close at 2736.
The market breadth was extremely weak. Of the 2,500 stocks traded on BSE 1,656 stocks declined, whereas 758 stocks advanced. Eighty six stocks ended unchanged. All the 13 sectoral indices were hammered. BSE Bankex led the slump and closed weaker by 3.49% followed by BSE IT (down 2.69%), BSE Metal (down 2.67%) and BSE Teck (down 2.21%).
Of the 30 scrips that make Sensex only two ended positive for the day. Of the major losers ICICI Bank slumped 7.07% to Rs335.95, Reliance Communications shed 4.55% to Rs155.30, Reliance Energy declined
3.38% to Rs491.30, Tata Consultancy Services lost 3.16% at Rs473.95, Sterlite Industries shed 3.16% at Rs248.40, Reliance Industries fell 3.10% at Rs1253.55, Mahindra & Mahindra slipped by 3.07% at Rs281.25, Larsen & Toubro plunged 2.83% at Rs622.50 and HDFC tumbled by 2.80% at Rs1,353.65. Other blue chips also fell around 1-2% each. Among select gainers, Maruti Suzuki India added 0.83% at Rs553.75 and Bharti Airtel gained marginally.
Satyam Computer Services was the most actively traded counter with volumes of over 1.44 crore shares on BSE followed by Firstsource Solutions (80.25 lakh shares), Wire & Wireless India (76.67 lakh shares), Unitech (65.60 lakh shares) and Spice Communications (65.67 lakh shares). | | | | | | | | European Indices at 16:00 IST on 20-02-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 3915.85 | -102.52 | -2.55 | | CAC 40 Index | 2779.87 | -92.73 | -3.23 | | DAX INDEX | 4075.77 | -140.24 | -3.33 | | | | | | | | | | | Asian Indices at close on 20-02-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 7416.38 | -141.27 | -1.87 | | Hang Seng Index | 13023.36 | -324.19 | -2.49 | | Kospi Index | 1065.95 | 41.15 | -3.72 | | Straits Times Index | 1594.94 | -34.41 | -2.11 | | Jakarta Composite Index | 1296.94 | -26.75 | -2.02 | | | | | | | | 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.
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