Sensex

Monday, April 13, 2009

DG - FW: Sharekhan Post-Market Report dated April 13, 2009



 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 13 April 2009 17:01
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 13, 2009

 

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April 13, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,916.43

3,342.20

High

11,069.54

3,417.80

Low

10,800.84

3334.15

Today's Cls

10,967.22

3,382.60

Prev Cls

10,803.86

3,342.05

Change

163.36

40.55

% Change

1.51

1.21

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Rolta

103.25

43.20

GMDC

54.30

20.00

NMDC

200.50

19.99

Godrej Ind

80.25

19.42

Praj Ind

78.05

16.58

Losers

Titan Ind

817.65

-7.67

Educomp 

2,043.45

-6.22

Gail India

257.65

-3.82

M&M Finserve

235.25

-3.82

HPCL

253.20

-3.49

Market Statistics

-

BSE

NSE

Advances

2,064

1,021

Declines

514

203

Unchanged

64

25

Volume(Nos)

57.62cr

116.48cr

 Market Commentary 

Buoyancy lifts Sensex past 10900

The Sensex maintained its upward bias for the seventh straight session and gained 163 points to close well above 10900

The market extended its winning streak for the seventh consecutive session as firm Asian indices and strong buying by investors kept the sentiment bullish for a better part of the trading session. 

 

 Extending its healthy upmove of over 900 points registered in the last six sessions, the Sensex commenced 112 points higher at 10913 and swiftly moved past around the 11000 mark in early trades with gains of more than 200 points. While the market remained largely unchanged above 10900 in the first half of the session, the index received a jolt in the afternoon as it slipped into the red on selective selling to touch the day's low of 10800. However, a smart bounce thereafter and buoyancy in heavyweight, metal, BSE Bankex and realty stocks towards the close saw the index surge to an intra-day high of 11070. The Sensex finally ended the session with gains of 163 points at 10967 while the Nifty added 41 points to close at 3383.

The breadth of the market was positive. Of the 2,640 stocks traded on the BSE, 2,060 stocks advanced, 517 stocks declined and 63 stocks ended unchanged. Among the sectoral indices, the BSE Metal Index jumped 5.49% followed by the BSE Bankex (up 5.07%), the BSE Realty Index (up 4.14%) and the BSE PSU Index (up 3.16%). 

Barring a few select counters, most of the heavyweights ended at higher levels. Among the blue chips, Tata Motors shot up by 12.01% at Rs252.20, Tata Steel soared 8.31% at Rs282.90, Sterlite surged 7.39% at Rs425.10, SBI advanced by 6.80% at Rs1,217.90, DLF added 5.04% at Rs233.45, HDFC Bank moved up 4.84% at Rs1,096.70, ICICI Bank scaled up 4.49% at Rs415.55 and R Com was up 3.49% at Rs219.20. Among the laggards, TCS dropped 1.91% at Rs591.70 and Wipro shed 1.90% at Rs269 while Grasim, HUL, Infosys and NTPC closed marginally lower.

Over 5.66 crore Satyam shares changed hands on the BSE followed by Unitech (2.53 crore shares), CALS Refinery (2.19 crore shares), Rolta (1.90 crore shares) and Suzlon (1.83 crore shares).

European Indices at 16:00 IST on 13-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3983.71

58.19

1.48

CAC 40 Index

2974.18

53.12

1.82

DAX INDEX

4491.12

133.20

3.06

 

 

Asian Indices at close on 13-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8924.43

-39.68

-0.44

Hang Seng Index

14901.41

426.55

2.95

Kospi Index

1338.26

2.22

0.17

Straits Times Index

1876.77

48.26

2.64

Jakarta Composite Index

1540.40

74.65

-5.09

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