| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,236.20 | 3,844.15 | | High | 13,236.20 | 3,858.35 | | Low | 13,075.48 | 3,819.30 | | Today's Cls | 13,189.54 | 3,848.15 | | Prev Cls | 13,177.74 | 3,843.50 | | Change | 11.80 | 4.65 | | % Change | 0.09 | 0.12 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Balaji Telefilms | 142.15 | 11.36 | | Moser Baer | 332.70 | 10.44 | | Jaiprakash Associates | 558.55 | 7.11 | | Escorts | 124.30 | 6.15 | | iGate Global | 402.55 | 5.64 | | Losers | | Satyam Computer | 445.35 | -3.53 | | ICI India | 430.25 | -2.92 | | United Phosphorus | 322.45 | -2.66 | | BEL | 1,677.90 | -2.42 | | Wipro | 548.25 | -2.41 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,576 | 844 | | Declines | 1,004 | 487 | | Unchanged | 69 | 35 | | | | | | Market Commentary | | | Market ends flat | | The market bounced back towards the close and ended the day with marginal gains. | | The Sensex took a breather as investors remained on the sidelines ahead of the corporate results season that begins this week. | | | | The Sensex has gained almost 700 points in the last four sessions on the back of firm international markets. However the market was range-bound through the day. The Sensex resumed 58 points higher at 13236, but eased amid volatile moves on selling in heavyweight and information technology stocks in the afternoon and touched the day's low at 13075. Some late buying at lower levels saw the Sensex shed its losses and close the session on a positive note with marginal gains. The Sensex closed at 13190, up 12 points, while the Nifty gained five points and closed at 3848. | | | Movers & Shakers | - Subhash Projects & Marketing rallied sharply on reports that the company has bagged orders worth Rs309 crore for executing power projects.
- ABG Shipyard gained on bagging an order from Essar Shipping & Logistics, Cyprus for the construction of four Supramax Bulk Carriers.
- Lumax Auto Technologies moved up on reports that the company has inaugurated its eighth plant at Pant Nagar (Uttaranchal) for Bajaj Auto.
- Educomp Solutions notched up significant gains on reports that it has made a strategic investment in ThreeBrix E-Services Pvt Ltd.
- Suzlon Energy gained marginally on reports that its wholly-owned subsidiaries SE Drive Technik GmbH and Suzlon Windenergie GmbH have acquired REpower Systems AG, Germany.
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The breadth of the market was positive. Of the 2,649 stocks traded on the BSE, 1,576 stocks advanced, 1,004 stocks declined and 69 stocks ended unchanged. Among the sectoral indices the BSE FMCG Index advanced 2.18% at 1813 followed by the BSE Metal Index (up 1.07% at 9000). However, the BSE IT Index and the BSE Teck Index closed in negative territory.
Select blue chips notched up significant gains. HDFC rose 3.38% at Rs1,608, ITC advanced 2.90% at Rs159, HLL climbed 2.55% at Rs209, Tata Motors surged 2.44% at Rs721, HDFC Bank gained 2.05% at Rs992, Ranbaxy added 1.91% at Rs358, Grasim jumped 1.85% at Rs2,236, BHEL advanced 1.59% at Rs2,463 and ONGC was up 0.79% at Rs874. Among the laggards Satyam Computers tumbled 3.53% at Rs445, Wipro slipped 2.41% at Rs548 and Infosys dropped 2.25% at Rs1,998. TCS, Dr Reddy's, Bajaj Auto, NTPC, L&T, Cipla and Reliance Energy ended with marginal losses.
Fast moving consumer goods stocks were in the limelight. Godrej Consumer Products soared 4.16% at Rs156, Bata India jumped 3.53% at Rs148, United Spirits gained 2.29% at Rs846, Colgate advanced 1.62% at Rs345 and Proctor & Gamble was up 1.22% at Rs786. Glaxo, Britannia and Dabur India ended with marginal gains.
Over 1.87 crore IFCI shares changed hands on the BSE followed by India Bulls (96.25 lakh shares), India Bulls Real Estate (78.79 lakh shares), Tele Data India (39.61 lakh shares) and Himachal Futuristic (35.88 lakh shares).
Value-wise India Bulls registered a turnover of Rs479 crore on the BSE followed by India Bulls Real Estate (Rs221 crore), Tata Steel (Rs167 crore), Mind Tree (Rs146 crore) and Tata Motors (Rs92 crore).
| | | | | | | | European Indices at 16:30 IST on 10-04-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6421.70 | 24.40 | 0.38 | | CAC 40 Index | 5756.76 | 15.38 | 0.27 | | DAX Index | 7149.66 | 49.75 | 0.70 | | | | | | | | | | | Asian Indices at close on 10-04-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17664.69 | -79.07 | -0.45 | | Hang Seng | 20347.87 | 138.16 | 0.68 | | Kospi Index | 1499.16 | -1.90 | -0.13 | | Straits Times Index | 3422.62 | 22.62 | 0.67 | | Jakarta Composite Index | 1925.47 | 11.73 | 0.61 | | | | | | | | | | | | “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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