| | Index Performance | Index | Sensex | Nifty | Open | 9,442.30 | 2,938.80 | High | 9,706.47 | 2,996.50 | Low | 9,430.45 | 2,923.30 | Today's Cls | 9,667.90 | 2,984.35 | Prev Cls | 9,471.04 | 2,938.70 | Change | 196.86 | 45.65 | % Change | 2.08 | 1.55 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | Unitech | 33.90 | 16.70 | Welspun Gujarat | 77.90 | 14.56 | Biocon | 136.45 | 10.04 | Voltas | 45.10 | 9.87 | HDIL | 83.45 | 8.73 | Losers | Crompton Greaves | 106.00 | -13.22 | Sintex | 92.60 | -5.70 | Rei Agro | 46.30 | -3.74 | EIH | 88.20 | -3.29 | Bhushan Steel | 337.20 | -3.28 | | Market Statistics | - | BSE | NSE | Advances | 1,263 | 622 | Declines | 1,219 | 544 | Unchanged | 104 | 57 | Volume(Nos) | 34.67cr | 78.48cr | | | | | Market Commentary | | Capital goods carry the day | Selling pressure saw most of the stocks slip from higher levels, bar realty stocks that held on to their gains and ended firm. | Market recovered most of the day’s losses towards the close of the session, after shedding 41 points in early trades from the day's high of 9706. Tracking weak global | | | indices, Sensex opened marginally below its previous close. The mood remained bearish and the market slipped on profit booking in index pivotals, public sector units and health care stocks. The market once again witnessed selling pressure and Sensex touched the day's low of 9430 by afternoon amid a choppy session. However, the index recovered, shrugging off weakness on substantial buying in realty and oil stocks towards the close and ended the session at 9668, up 197 points. Nifty gained by 46 points to close at 2984. The market breadth was positive. Of the 2,586 stocks traded on the BSE, 1,263 stocks advanced, 1,219 stocks declined and 104 stocks ended unchanged. Of the 13 sectoral indices, BSE Realty (index of realty shares) flared up by 6.32% followed by BSE Oil & Gas (up 3.66%), BSE Metal (up 3.31%) and BSE Bankex (up 3%). Other indices were up 0.18-1% each. Among Sensex stocks, JP Associates was the leading gainer and its stock price soared by 7.51% at Rs84.45. Among other stocks, Tata Power advanced 7.12% at Rs740.20, Sterlite Industries jumped 6.48% at Rs347.35, while DLF, Reliance Infrastructure, Reliance Industries, Tata Steel, Reliance Communications, HDFC Bank and ICICI Bank closed with sharp gains of 3-6%. Among laggards, National Thermal Power Corporation slipped 2.77% at Rs179.95, Bharti Airtel shed 2.05% at Rs591.05, ONGC by 2.02% at Rs763.70, Hindustan Unilever fell by 1.88% at Rs234.70 and Tata Motors lost 1.27% at Rs160. Over 3.66 crore Unitech shares changed hands on the BSE followed by Cals Refineries (2.62 crore shares), Crompton Greaves (1.27 crore shares), Reliance Natural Resources (1.14 crore shares) and Suzlon Energy (1.12 crore shares). | | | | | | | | European Indices at 16:00 IST on 25-03-2009 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 Index | 3909.67 | -1.79 | -0.05 | CAC 40 Index | 2877.11 | 2.72 | 0.09 | DAX INDEX | 4190.05 | 2.69 | 0.06 | | | | | | | | | | | Asian Indices at close on 25-03-2009 | | | Index | Level | Change (pts) | Change (%) | Nikkei 225 | 8479.99 | -8.31 | -0.10 | Hang Seng Index | 13622.11 | -288.23 | -2.07 | Kospi Index | 1229.02 | 7.32 | 0.62 | Straits Times Index | 1691.68 | -14.66 | -0.86 | Jakarta Composite Index | 1419.97 | -16.14 | -1.12 | | | | | | | | 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 | |