| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,413.61 | 3,849.10 | | High | 13,492.21 | 3,861.25 | | Low | 12,801.65 | 3,661.60 | | Today's Cls | 12,995.02 | 3,716.90 | | Prev Cls | 13,399.43 | 3,849.50 | | Change | -404.41 | -132.60 | | % Change | -3.02 | -3.44 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Finolex Cables | 468.95 | 0.72 | | Dabur India | 141.05 | 0.61 | | Britannia | 1,100.90 | 0.42 | | Asian Paints | 705.00 | 0.21 | | HMT | 71.70 | 0.14 | | Losers | | Polaris Lab | 132.10 | -12.28 | | Union Bank | 105.60 | -12.18 | | Escorts | 98.90 | -12.05 | | GMR Infra | 316.50 | -12.00 | | Parsvnath Developers | 420.05 | -11.29 | | | Market Statistics | | - | BSE | NSE | | Advances | 424 | 164 | | Declines | 2,160 | 1,167 | | Unchanged | 41 | 17 | | Volume(Nos) | 21.61cr | 38.96cr | | | | | | Market Commentary | | | Markets plunge | | Selling pressure across sectors saw the Sensex shed 404 points and close at 12995. | | The Sensex notched up gains of 93 points in early trades and touched an intra-day high of 13492. However it could not hold on to the gains and | | | drifted into negative territory. The market appeared extremely bearish as the trading session progressed. Hectic selling in heavyweight, capital goods, PSU, metal and banking stocks in the afternoon dragged the index to the day's low of 12802. The Sensex ended the session with losses of 404 points at 12995, while the Nifty shed 133 points to close at 3717.
All the Sensex stocks closed in negative territory. Grasim Industries tumbled 7.33% at Rs2,506, ACC faltered 6.16% at Rs972, Reliance Communication lost 6.11% at Rs403, Gujarat Ambuja Cement dropped 5.10% at Rs130, SBI slipped 5.06% at Rs1,180, Bharti Airtel shed 4.94% at Rs577, TCS slumped 4.47% at Rs1,119, Ranbaxy fell 4.32% at Rs360, NTPC declined 4.24% at Rs137 and BHEL dipped 4.12% at Rs2,429. Hindalco, Reliance Energy, ONGC, ITC and HDFC shed 3% each. | | | Movers & Shakers | - Jet Airways declined despite announcing daily nonstop flights between India & Thailand effective from January 23, 2007.
- ANG Auto slipped despite entering into a definitive agreement with Carl Stover to form joint venture companies in the USA and India.
- Satyam Computers declined despite signing a memorandum of understanding with the government of Egypt to set up a global development centre.
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The market breadth was extremely negative. Of the 2,625 stocks traded on the BSE, 2,160 stocks declined, 424 stocks advanced and 41 stocks ended unchanged. All the 11 sectoral indices on the BSE ended in negative territory. The BSE PSU index was the biggest loser and dropped 4.39% at 5712 followed by the BSE CG index (down 4.14% at 8755), the BSE Metal index (down 3.90% at 8,341), the BSE Bankex (down 3.23% at 6532) and the BSE Auto index (down 3.13% at 5080).
Over 36.25 lakh Parsvnath shares changed hands on the BSE followed by Reliance Communication (32.35 lakh shares), Zee Telefilms (30.02 lakhs shares), Reliance Industries (27.01 lakh shares) and Hindalco (20.35 lakh shares).
Value-wise Reliance Industries registered a turnover of Rs326 crore followed by Parsvnath (Rs152 crore), Reliance Communication (Rs130 crore), SBI (Rs110 crore) and Zee Telefilms (Rs94 crore).
| | | | | | | | European Indices at 16:08 IST on 12-12-2006 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6148.40 | -11.40 | -0.19 | | CAC 40 Index | 5417.84 | -9.72 | -0.18 | | DAX Index | 6466.14 | -3.28 | -0.05 | | | | | | | | | | | Asian Indices at close on 12-12-2006 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16637.78 | 109.79 | 0.66 | | Hang Seng Index | 18907.17 | -17.49 | -0.09 | | Kospi Index | 1376.98 | -13.75 | -0.99 | | Straits Times Index | 2893.81 | 6.58 | 0.23 | | Jakarta Composite Index | 1754.58 | -5.10 | -0.29 | | | | | | | | | | | | “This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction.
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