| | Index Performance | Index | Sensex | Nifty | Open | 11,067.71 | 3,369.50 | High | 11,339.47 | 3,489.85 | Low | 10,946.25 | 3,359.25 | Today's Cls | 11,023.09 | 3,384.40 | Prev Cls | 10,947.40 | 3,369.50 | Change | 75.69 | 14.90 | % Change | 0.69 | 0.44 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | Unitech | 52.60 | 21.34 | Allahabad Bank | 53.45 | 10.09 | Jai Corp | 187.00 | 10.00 | IOB | 66.50 | 9.74 | Oracle Financial | 869.85 | 8.03 | Losers | Hindalco | 54.90 | -5.18 | Indiabulls Real Estate | 128.80 | -5.05 | JSW Steel | 316.45 | -4.35 | Tech Mahindra | 334.85 | -4.26 | RCF | 42.35 | -4.08 | | Market Statistics | - | BSE | NSE | Advances | 1,362 | 618 | Declines | 1,194 | 595 | Unchanged | 94 | 41 | Volume(Nos) | 51.20cr | 117.15cr | | | | | Market Commentary | | Market 316 points down from day's high | Market closes with gains, but slips 316 points from the day's high of 11339. | The market appeared to be heading towards a negative close after a strong bout of profit taking towards the close shaved off nearly 186 points from the day’s high. | | | Till afternoon the Sensex witnessed a strong optimism after resuming 121 points up at 11068. While the action in several counters held the market firm above 11200 levels in the first half, the index notched up further gains in afternoon to touch the day's high of 11339. However, the market slipped towards the close as weakness in select heavyweight, health care, metal and fast moving consumer goods (FMCG) stocks dragged the index to an intra-day low of 10946. The Sensex ended the session with marginal gains of 76 points at 11023, while Nifty added 15 point to its kitty to close at 3384. The market breadth was positive. Of the 2,650 stocks that traded on the BSE, 1,362 stocks advanced, 1,194 stocks declined and 94 stocks ended unchanged. Most of the sectoral indices ended in the green. The BSE Metal index dropped 1.66% followed by the BSE HC (down 0.80%) and the BSE CD index (down 0.73%). Among the Sensex stocks, Larsen & Toubro was the leading gainer and soared 4.63% at Rs870. ICICI Bank advanced 4.53% at Rs445.70, Infosys Technologies jumped 4% at Rs1,395, State Bank of India shot up by 3.51% at Rs1,306, Reliance Infrastructure added 3.18% at Rs664.30, while HDFC, Grasim Industries, HDFC Bank, Bharti Airtel and Oil and Natural Gas Corporation closed with marginal gains. Among the laggards, Hindalco Industries tumbled 5.18% at Rs54.90, Tata Power shed 4.03% at Rs258.30 and Sterlite Industries declined by 3.12% at Rs388.40 whereas Tata Motors and Sun Pharmaceutical Industries lost 2% each at Rs236.30 and Rs1,205.55 respectively. Over 6.83 crore shares of Unitech changed hands on the BSE followed by Reliance Natural Resources (1.90 crore shares), Suzlon Energy (1.66 crore shares), Cals Refineries (1.33 crore shares) and Housing Development and Infrastructure (1.22 crore shares). | | | | | | | | European Indices at 16:00 IST on 17-04-2009 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 Index | 4063.00 | 10.02 | 0.25 | CAC 40 Index | 3067.94 | 29.76 | 0.98 | DAX INDEX | 4632.56 | 23.10 | 0.50 | | | | | | | | | | | Asian Indices at close on 17-04-2009 | | | Index | Level | Change (pts) | Change (%) | Nikkei 225 | 8907.58 | 152.32 | 1.74 | Hang Seng Index | 15601.27 | 18.28 | 0.12 | Kospi Index | 1329.00 | -7.72 | -0.58 | Straits Times Index | 1896.56 | 4.81 | 0.25 | Jakarta Composite Index | 1634.79 | 9.70 | 0.60 | | | | | | | | To know more about our products and services, click here. | | | | | | “This document has been prepared by Sharekhan Ltd. 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