| | | | Index Performance | | Index | Sensex | Nifty | | Open | 8,103.75 | 2,576.75 | | High | 8,347.74 | 2,628.10 | | Low | 8,047.17 | 2,539.45 | | Today's Cls | 8,325.82 | 2,620.15 | | Prev Cls | 8,197.92 | 2,576.70 | | Change | 127.90 | 43.45 | | % Change | 1.56 | 1.69 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Mphasis | 183.30 | 8.78 | | HDFC | 1,223.35 | 6.40 | | Akruti City | 973.15 | 6.37 | | PNB | 310.85 | 6.35 | | Kotak Bank | 227.15 | 5.02 | | Losers | | Rolta India | 48.75 | -16.67 | | Aban Offshore | 231.15 | -10.46 | | Piramal Healthcare | 184.35 | -8.74 | | Indian Bank | 69.55 | -7.82 | | Oriental Bank | 103.40 | -6.93 | | | Market Statistics | | - | BSE | NSE | | Advances | 993 | 528 | | Declines | 1,419 | 874 | | Unchanged | 88 | 54 | | Volume(Nos) | 24.29cr | 56.27cr | | | | | | Market Commentary | | | Market up on IT and oil & gas | | Market recovers from its 151-point intra-day loss posting significant gains on buying in heavyweights, IT and oil & gas stocks. | | Taking lead from overseas stock markets, the 30-stock index of BSE, Sensex, in lack of clear signals gyrated around 100 points in early trades. | 
| | | However, frenzied selling pressure caused it dip below 8050-mark to touch an intra-day low of 8047. Though the market erased most of its loss by noon trades, the pull-back from lower levels came toward the close, after a fresh bout of buying in several frontline stocks saw Sensex touch an intra-day high of 8348. Sensex ended the session 128 points up at 8326, while Nifty moved up by 43 points to 2620.
Market breadth was negative however. Of the 2,500 stocks traded on the BSE 1,419 stocks declined, whereas 993 stocks advanced. 88 stocks ended unchanged. Of the 13 sectoral indices on BSE, only three (BSE FMCG, BSE Realty and BSE Auto) ended lower. Wiping its losses, BSE IT moved up by 3.05% topping the list while BSE Teck, occupying the second slot, was up by nearly 2.44%.
Several Sensex stocks registered decent gains. HDFC flared up 6.32% at Rs1223.35, Hindalco Industries jumped by 4.38% at Rs39.30 and JP Associates gained 4.27% at Rs69.55. Tata Consultancy Services, Wipro, ONGC, Tata Steel and Infosys were up by more than 3% each. Among laggards, Maruti Suzuki India shot up by 2.77% at Rs649.10, Hindustan Unilever added 2.65% at Rs223.95 and Ranbaxy Laboratories gained 2.15% at Rs141.30. ITC, DLF, Tata Motors, Tata Power and ICICI Bank were down by 0.11-1% each.
Satyam Computer Services attracted volumes of over 2.48 crore shares on BSE followed by ICICI Bank (1.52 crore shares), Cals Refineries (92 lakh shares) and Unitech (81 lakh shares). | | | | | | | | European Indices at 16:00 IST on 06-03-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 3568.04 | 38.18 | 1.08 | | CAC 40 Index | 2575.15 | 5.52 | 0.21 | | DAX INDEX | 3718.14 | 22.65 | 0.61 | | | | | | | | | | | Asian Indices at close on 06-03-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 7173.10 | -260.39 | -3.50 | | Hang Seng Index | 11921.52 | -289.72 | -2.37 | | Kospi Index | 1055.03 | -3.15 | -0.30 | | Straits Times Index | 1513.12 | -5.52 | -0.30 | | Jakarta Composite Index | 1286.69 | -1.38 | -0.11 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |
