| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,855.89 | 3,983.30 | | High | 13,855.89 | 3,987.45 | | Low | 13,599.87 | 3,913.00 | | Today's Cls | 13,652.15 | 3,933.40 | | Prev Cls | 13,860.52 | 3,983.40 | | Change | -208.37 | -50.00 | | % Change | -1.50 | -1.26 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Syngenta | 390.35 | 17.61 | | Indo Rama Synthetics | 58.85 | 9.18 | | Alstom Projects | 488.10 | 6.15 | | MTNL | 157.75 | 6.09 | | GMDC | 400.40 | 5.22 | | Losers | | Balaji Telefilms | 132.50 | -4.09 | | Maruti Udyog | 897.35 | -4.09 | | Mphasis | 290.20 | -3.80 | | Jet Airways | 614.95 | -3.67 | | Wipro | 579.65 | -3.20 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,741 | 677 | | Declines | 934 | 679 | | Unchanged | 49 | 18 | | Volume(Nos) | 30.84cr | 34.45cr | | | | | | Market Commentary | | | Sensex sheds 208 points | | Sustained selling in information technology stocks saw the Sensex shed 208 points for the day. | | The market witnessed a major correction on strong global bearish sentiments and a rise in the crude oil prices. | | | | The Sensex shed over 200 points in early trades and plunged sharply to touch the day's low of 13600. The weakness in information technology counters continued through the day and the Sensex ended the session at 13652, down 1.50%. The Nifty declined by 1.26% to close at 3933. | |
However the breadth of the market was positive. Of the 2,724 stocks traded on the BSE, 1,741 stocks advanced, 934 stocks declined and 49 stocks ended unchanged. Barring the BSE CD index the rest of the sectoral indices closed in negative territory. The BSE IT index shed 2.60% followed by the BSE Teck index (down 2.29%), the BSE Metal index (down 1.84%) and the BSE FMCG index (down 1.37%).
Among the major losers Maruti Udyog tumbled 4.09% at Rs897, Wipro declined 3.20% at Rs580, Infosys shed 3.03% at Rs2,206, Satyam Computers fell 3.01% at Rs486 and Reliance Communication slipped 2.64% at Rs435. Bajaj Auto, ACC, SBI, HDFC Bank, Bharti Airtel and Cipla were down around 2% each. Among the non-Sensex stocks Balaji Telefilms declined 4.09% at Rs133, Mphasis BFL dipped 3.80% at Rs290 and Jet Airways shed 3.67% at Rs615. However, ONGC advanced 1.66% at Rs911, Ranbaxy rose 1.33% at Rs419 and Dr Reddy’s was marginally up at Rs811.
Over 1.40 crore IFCI stocks changed hands on the BSE followed by Pentium (1.28 crore shares), Pyramid (81.53 lakh shares), Vishal Export (75.23 lakh shares) and JCT (47.45 lakh shares).
Value-wise Infosys registered a turnover of Rs148.02 crore on the BSE followed by Reliance Industries (Rs95.08 crore), ONGC (Rs53.79 crore), Reliance Communication (Rs51 crore) and TCS (Rs36.16 crore).
| | | | | | | | European Indices at 16:48 IST on 08-01-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 6239.80 | 19.70 | 0.32 | | CAC 40 Index | 5539.99 | 22.64 | 0.41 | | DAX Index | 6623.24 | 30.15 | 0.46 | | | | | | | | | | | Asian Indices at close on 08-01-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17091.59 | 0.00 | 0.00 | | Hang Seng Index | 20029.66 | -181.62 | -0.90 | | Kospi Index | 1370.81 | -14.95 | -1.08 | | Straits Times Index | 3000.00 | -29.04 | -0.96 | | Jakarta Composite Index | 1813.39 | -19.16 | -1.05 | | | | | | | | | | | | “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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