Sensex

Monday, April 06, 2009

DG - FW: Sharekhan Post-Market Report dated April 06, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 06 April 2009 16:19
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 06, 2009

 

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April 06, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,521.78

3,211.35

High

10,654.89

3,303.90

Low

10,410.44

3,211.35

Today's Cls

10,534.87

3,256.60

Prev Cls

10,348.83

3,211.05

Change

186.04

45.55

% Change

1.80

1.42

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Essar Oil

119.15

48.38

MRPL

52.30

19.27

Chennai Petroleum

121.90

18.23

EIH

122.05

18.15

Rei Agro

51.65

15.03

Losers

GE Shipping

188.40

-4.75

Lupin

640.10

-4.41

United Spirits

663.35

-4.38

Century Textiles

217.45

-4.21

HPCL

260.20

-3.81

Market Statistics

-

BSE

NSE

Advances

1,859

951

Declines

633

247

Unchanged

75

39

Volume(Nos)

45.70cr

104.55cr

 Market Commentary 

Market ends upbeat

Market comes off its high, but still ends firm above 10500 mark.

The market displayed a positive trend almost for the entire session. Taking cue from firm US indices, Sensex opened 173 points higher at 10522 and continued to rally to touch the day's high of

 

10655 on buying in consumer durables (CD) and capital goods (CG) stocks. Thereafter, the market remained range-bound with a positive bias. However, profit booking in some of the frontline stocks dragged the market to its intra-day low of 10410. Sensex bounced back towards the close, as short covering in heavyweights helped the index to recover and end the session at 10535, up 186 points. Nifty finally settled at 3257, up 46 points. 

The market breadth was positive. Of the 2,567 stocks traded on BSE, 1,859 stocks advanced, whereas 633 stocks declined. Seventy five stocks ended unchanged. Among sectoral indices, BSE CD notched up by 5.84% followed by BSE CG (up 3.75%), BSE Metal (up 3.65%) and BSE Auto (up 3.59%). The remaining indices gained around 1-2% each except BSE FMCG, which had a negative run today, down 1.82%.

The heavyweights witnessed strong buying interest. Mahindra & Mahindra soared 14.26% at Rs480, Reliance Communications rose 11.19% at Rs218.10, Larsen & Toubro was up 7.40% at Rs770.35, HDFC shot up by 7.37% at Rs1,699.20, Reliance Infrastructure jumped 6.47% at Rs612.55, Hindalco Industries added 6.39% at Rs59.95, Tata Steel gained 4.89% at Rs235.85 and ICICI Bank moved up by 4% at Rs374.65. However, ACC slipped 3.14% at Rs580.90, ITC lost 2.49% at Rs180.50, Ranbaxy Laboratories declined 2.30% at Rs182.30 and Grasim Industries lost 2.13% at Rs1,567.40.

Over 2.84 crore shares of Satyam Computer Services changed hands on BSE followed by Suzlon Energy (2.23 crore shares), Reliance Natural Resources (2.02 crore shares), Cals Refineries (1.39 crore shares) and Essar Oil (1.32 crore shares). 

European Indices at 16:00 IST on 06-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

4066.46

36.79

0.91

CAC 40 Index

2993.63

34.89

1.18

DAX INDEX

4422.76

37.77

0.86

Asian Indices at close on 06-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8857.93

108.09

1.24

Hang Seng Index

14998.04

452.35

3.11

Kospi Index

1297.85

14.10

1.10

Straits Times Index

1847.98

27.11

1.49

Jakarta Composite Index

1516.64

16.28

1.09

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