| | | Index Performance | | Index | Sensex | Nifty | | Open | 13,479.49 | 3,920.50 | | High | 13,708.40 | 4,016.80 | | Low | 13,479.49 | 3,920.50 | | Today's Cls | 13,695.58 | 4,013.35 | | Prev Cls | 13,384.08 | 3,917.35 | | Change | 311.50 | 96.00 | | % Change | 2.33 | 2.45 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Punj Lloyd | 180.20 | 8.20 | | Suzlon Energy | 1,187.40 | 7.53 | | Tata Elxsi | 338.55 | 7.39 | | Titan Ind | 1,017.10 | 7.07 | | Zee Entertainment | 272.25 | 6.66 | | Losers | | CMC | 1,200.65 | -4.59 | | Syngenta | 512.60 | -2.11 | | Nestle | 1,007.75 | -1.98 | | Hindustan Zinc | 660.25 | -1.82 | | EIH | 102.00 | -1.50 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,804 | 1056 | | Declines | 776 | 365 | | Unchanged | 75 | 36 | | Volume(Nos) | 23.20cr | 38.13cr | | | | | | Market Commentary | | | Market ends buoyant | | The Sensex surged and closed marginally below 13700 on considerable buying in oil, capital goods and metal stocks towards the close. | | The Sensex began the trading session on a firm note on positive global cues, a fall in the inflation rate and on expectations that after | | | | Infosys another technology giant TCS might post strong earnings. The Sensex posted strong gains of over 212 points in early trades on sustained buying in information technology, oil and banking stocks. The action in several counters held the market firm above the 13600 level in the afternoon. Buoyancy in heavyweight, oil, capital goods, metal and fast moving consumer goods stocks towards the close saw the index surge to an intra-day high of 13708. The Sensex ended the session with gains of 311 points at 13696, while the Nifty added 96 points and closed at 4013. | | | Movers & Shakers | - Wockhardt notched up gains on reports that the company has received the US FDA approvals for three more strengths of Ceftriaxone.
- Micro Technologies India moved up on reports that the company is setting up a Micro Infotech Park to expand its operations in the Middle East.
- Goldstone Technologies rallied sharply on reports that it will market Zee channels to subscribers in eight countries in the Asia Pacific region on its IPTV.
- Welspun-Gujarat Stahl Rohren gained marginally on reports that the company has bagged orders worth Rs1,089 crore ($250 million) for the supply of line pipes in India and overseas.
- Bharati Shipyard closed with gains on acquiring the shipyard machinery and equipment of Swan Hunter (Tyneside) Shipyard Ltd.
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The breadth of the market was positive. Of the 2,655 stocks traded on the BSE, 1,804 stocks advanced, 776 stocks declined and 75 stocks ended unchanged. Among the sectoral indices the BSE Oil & Gas Index surged 3.11% at 6769 followed by the BSE CG Index (up 2.90% at 9746), the BSE Metal Index (up 2.62% at 9561) and the BSE Teck Index (up 2.16% at 3717).
Except HDFC Bank and Satyam Computers all the Sensex heavyweights ended at higher levels. ACC gained 5.14% at Rs787, Tata Steel soared 4.33% at Rs533, Grasim surged 3.90% at Rs2,377, Reliance Communications advanced 3.63% at Rs437, ITC added 3.56% at Rs159, Reliance Industries gained 3.50% at Rs1,460, Gujarat Ambuja advanced 3.41% at Rs112 and Tata Motors was up 3.40% at Rs750. However HDFC Bank at Rs972 and Satyam Computers at Rs479 closed with small losses.
Oil & Gas stocks closed with strong gains. Petronet LNG gained 3.22% at Rs46, ONGC soared 3.17% at Rs899, Essar Oil surged 2.56% at Rs54 and IOC advanced 2.38% at Rs402. BPCL, HPCL, GAIL, Reliance Natural Resources and Reliance Petroleum were up 1-2% each.
Over 1.03 crore IFCI shares changed hands on the BSE followed by Orbit Corporation (1.01 crore shares), Tata Teleservices (83.64 lakh shares), Reliance Natural Recourses (52.15 lakh shares) and Vishal Exports (50.29 lakh shares).
ICRA clocked a turnover of Rs303 crore on the BSE followed by Orbit Corporation (Rs174 crore), Tata Steel (Rs128 crore), India Bulls (Rs93 crore) and Reliance Industries (Rs93 crore).
| | | | | | | | European Indices at 16:20 IST on 16-04-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6491.40 | 75.00 | 1.17 | | CAC 40 Index | 5815.94 | 26.60 | 0.46 | | DAX Index | 7265.78 | 53.71 | 0.74 | | | | | | | | | | | Asian Indices at close on 16-04-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 17628.30 | 264.35 | 1.52 | | Hang Seng | 20757.53 | 416.56 | 2.05 | | Kospi Index | 1532.04 | 11.26 | 0.74 | | Straits Times Index | 3414.15 | 40.56 | 1.20 | | Jakarta Composite Index | 1963.82 | 22.67 | 1.17 | | | | | | | | | | | | “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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