Sensex

Wednesday, April 01, 2009

DG - FW: Sharekhan Post-Market Report dated April 01, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 01 April 2009 16:27
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 01, 2009

 

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April 01, 2009

 

Index Performance

Index

Sensex

Nifty

Open

9,745.77

3,023.85

High

9,921.96

3,069.30

Low

9,546.29

2,965.70

Today's Cls

9,901.99

3,060.35

Prev Cls

9,708.50

3,020.95

Change

193.49

39.40

% Change

1.99

1.30

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Opto Circuits

116.30

15.43

Godrej Industries

59.50

13.12

BEML

423.70

11.06

Suzlon Energy

46.60

9.91

HDIL

89.90

9.77

Losers

Bhushan Steel

372.55

-6.46

Sun Pharma

1065.30

-4.23

Lupin

661.00

-4.09

Siemens

258.90

-3.93

Power Grid

91.90

-3.92

Market Statistics

-

BSE

NSE

Advances

1,823

935

Declines

558

250

Unchanged

82

38

Volume(Nos)

34.56cr

79.76cr

 Market Commentary 

Realty and IT push market

Market recovers from its 163-point intra-day loss, posting significant gains on buying in heavyweights, realty and information technology (IT) stocks.

Taking lead from overseas stock markets, the 30-stock index of BSE, Sensex, in lack of clear signals gyrated around 150 points in early trades.  

 

However, frenzied selling pressure caused it dip below 9600-mark to touch an intra-day low of 9546. 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 9922. Sensex ended the session 193 points up at 9902, while Nifty moved up by 39 points to 3060.

Market breadth was positive however. Of the 2,463 stocks traded on the BSE 1,823 stocks advanced, whereas 558 stocks declined. Eighty two stocks ended unchanged. Of the 13 sectoral indices on BSE, only three (BSE FMCG, BSE HC and BSE CG) ended lower. Wiping its losses, BSE Realty moved up 5.41% topping the list, while BSE IT, occupying the second slot, was up by nearly 3.17%. 

Several Sensex stocks registered decent gains. Ranbaxy Laboratories flared up 7.73% at Rs178.40, HDFC jumped by 6.70% at Rs1505.80 and Reliance Infrastructure gained 6.64% at Rs549.55. DLF, ICICI Bank, Infosys Technologies, Tata Power and Reliance Industries were up by more than 3% each. Among laggards, Sun Pharmaceutical Industries moved down by 4.23% at Rs1065.30, Bharat Heavy Electricals Ltd lost 2.15% at Rs1,472.05 and Grasim Industries declined 2.15% at Rs141.30. Bharti Airtel, Sterlite Industries, National Thermal Power Corporation, Hindustan Unilever and ITC were down by 1% each.

Unitech attracted volumes of over 1.75 crore shares on BSE followed by Suzlon Energy (1.66 crore shares), Reliance Natural Resources (1.26 crore shares) and Cals Refineries (1.03 crore shares).

European Indices at 16:00 IST on 01-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3898.33

-27.81

-0.71

CAC 40 Index

2766.96

-40.58

-1.45

DAX INDEX

4038.10

-46.66

-1.14

Asian Indices at close on 01-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8351.91

242.38

2.99

Hang Seng Index

13519.54

-56.48

-0.42

Kospi Index

1233.36

27.10

2.25

Straits Times Index

1702.26

2.27

0.13

Jakarta Composite Index

1461.74

27.67

1.93

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