Sensex

Thursday, April 09, 2009

DG - FW: Sharekhan Post-Market Report dated April 09, 2009



 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 09 April 2009 16:43
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 09, 2009

 

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April 09, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,876.15

3,346.00

High

10,932.12

3,401.15

Low

10,655.96

3,307.05

Today's Cls

10,803.86

3,342.05

Prev Cls

10,742.34

3,342.95

Change

61.52

-0.90

% Change

0.57

-0.03

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Torrent Power

104.80

25.06

Videocon Industries

125.00

19.96

JP Hydro Power

40.35

15.12

JSW Steel

347.15

13.56

LIC Housing Finance

282.90

12.98

Losers

IVRCL Infra

145.10

-6.11

Bharat Forge

119.95

-5.63

Spice Tele

66.75

-4.30

Bajaj Auto

613.00

-4.02

REC

95.50

-3.78

Market Statistics

-

BSE

NSE

Advances

1,783

811

Declines

789

411

Unchanged

78

30

Volume(Nos)

58.46cr

123.44cr

 Market Commentary 

Market loses at end

Market closes with gains, but slips 128 points from the day's high of 10932.

The market appeared to be heading towards a negative close after a strong bout of profit taking towards the close shaved off nearly 128 points from the day’s high.  

 

Starting the day with a huge gap of 134 points at 10876, the Sensex witnessed strong optimism till afternoon. Sustained buying in several counters held the market firm above 10900 levels in the first half of the trading session. In the afternoon session, the index notched up further gains to touch the day's high of 10932. However, the market slid towards the close, as weakness in select heavyweights, fast moving consumer goods (FMCG), auto and public sector units stocks dragged the index to an intra-day low of 10656, down 86 points for the day. The Sensex however ended the session with marginal gains of 62 points at 10804, while the Nifty lost a point to close at 3342.

The market breadth was positive. Of the 2,650 stocks traded on the BSE, 1,783 stocks advanced, 789 stocks declined. Seventy eight stocks ended unchanged. Most of the 13 sectoral indices on the BSE remained up or above their yesterday’s close. BSE Realty gained 5.42% followed by BSE Metal (up 3.72%), BSE Bankex (up 2.64%) and BSE CD (consumer durable; up 2.59%). However, BSE FMCG (down 1.36%), BSE Auto, BSE PSU, BSE HC and BSE Oil & Gas closed with marginal losses.

Among the Sensex stocks, Tisco was the leading gainer, soaring 7.71% at Rs261.20 for the day. JP Associates advanced 7.40% at Rs113.90, Reliance Infrastructure jumped 5.66% at Rs653.15, ICICI Bank shot up by 5.62% at Rs397.70, DLF added 4.83% at Rs222.25, while Sterlite Industries, Larsen & Toubro, Grasim Industries, State Bank of India and Tata Motors closed with marginal gains. Among laggards, Hindustan Unilever tumbled 3.26% at Rs232.95, Mahindra & Mahindra shed 3.15% at Rs435.15 and Wipro declined by 2.80% at Rs508.15. Oil and Natural Gas Commission, National Thermal Power Corporation and Bharat Heavy Electricals Ltd lost 1-2% each.

Over 3.39 crore shares of Unitech changed hands on the BSE followed by Satyam Computer Services (2.39 crore shares), Reliance Natural Resources (2.20 crore shares), Cals Refineries (2.19 crore shares) and Suzlon Energy (1.58 crore shares).

European Indices at 16:00 IST on 09-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3932.26

6.74

0.17

CAC 40 Index

2937.02

15.96

0.55

DAX INDEX

4409.72

51.80

1.19

Asian Indices at close on 09-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8916.06

321.05

3.74

Hang Seng Index

14901.41

426.55

2.95

Kospi Index

1316.35

54.25

4.30

Straits Times Index

1828.51

44.55

2.50

Jakarta Composite Index

1465.75

-25.11

-1.68

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