Sensex

Tuesday, April 21, 2009

DG - FW: Sharekhan Post-Market Report dated April 21, 2009



 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 21 April 2009 16:24
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 21, 2009

 

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April 21, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,765.39

3,376.85

High

11,068.82

3,414.70

Low

10,764.08

3,309.35

Today's Cls

10,898.11

3,365.30

Prev Cls

10,979.50

3,377.10

Change

-81.39

-11.80

% Change

-0.74

-0.35

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Welspun Gujarat

103.40

15.14

RCF

49.45

9.40

Yes Bank

79.85

8.20

Voltas

59.65

7.28

IDFC

75.65

6.85

Losers

Zee Enter

120.70

-10.26

Punj Lloyd

102.85

-8.62

Tata Steel

244.30

-7.06

ICICI Bank

398.80

-6.51

Piramal Healthcare

210.80

-6.29

Market Statistics

-

BSE

NSE

Advances

1,226

520

Declines

1,288

678

Unchanged

83

43

Volume(Nos)

47.38cr

103.17cr

 Market Commentary 

Back to square one, almost

Sensex books modest losses after witnessing an intra-day swing of 305 points.

The market returned to stability in afternoon and gradually picked up momentum on healthy buying in metal stocks, but slipped into the red on profit booking towards the close.  

 

The Sensex started the day on a negative note at 10,765, down 215 points, tracing weak Asian markets. The market remained choppy thereafter but with a positive bias. It moved gradually up on sustained buying in front-line stocks to touch the day's high of 11,069. However, a strong bout of selling thereafter saw the market dip into the red towards the close, but buying at lower levels helped the Sensex to pare some of the losses. The Sensex finally closed at 10898, down 81 points, while Nifty ended at 3365, down 12 points.

The market breadth was negative. Of the 2,597 stocks trading on the BSE, 1,288 stocks declined, 1,226 stocks advanced and 83 stocks ended unchanged. Most of the sectoral indices ended in the red. The BSE Bankex dropped 2.86% followed by the BSE Auto (down 2.52%), the BSE CG (down 2.39%) and the BSE Metal (down 1.80%). However, the BSE Realty gained 2.27%, the BSE FMCG rose 1.57% and the BSE HC gained 1.31%. 

Among the Sensex stocks, Hindalco Industries was the lead gainer and its price soared 4.58% to Rs56. Among other stocks, Bharti Airtel advanced 4.09% to Rs717 and Tata Power jumped 3.45% to Rs888.95 while Sun Pharmaceutical Industries, DLF, ITC, HDFC Bank, Reliance Communications, Grasim Industries and Hindustan Unilever closed with marginal gains. Among laggards, ICICI Bank slipped 6.90% to Rs397.10, Tata Steel lost 6.77%, Tata Motors declined 4.96% and Maruti Suzuki India shed 4.80% to Rs794. Sterlite Industries declined by 4.08% at Rs383, State Bank of India fell 3.39% to Rs1,252 and Reliance Infrastructure lost 3.25% to Rs674.20. 

Over 2.12 crore shares of Cals Refineries changed hands on the BSE followed by Unitech (1.99 crore shares), Suzlon Energy (1.70 crore shares), Reliance Natural Resources (1.56 crore shares) and Housing Development and Infrastructure Ltd (1.39 crore shares).

European Indices at 16:00 IST on 21-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3983.23

-7.63

-0.19

CAC 40 Index

2975.47

6.07

0.20

DAX INDEX

4501.96

15.66

0.35

Asian Indices at close on 21-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8711.33

-213.42

-2.39

Hang Seng Index

15285.89

-465.02

-2.95

Kospi Index

1336.81

0.42

0.03

Straits Times Index

1887.25

12.40

0.66

Jakarta Composite Index

1628.84

-32.99

-1.99

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