| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,168.69 | 4,360.35 | | High | 15,200.81 | 4,422.30 | | Low | 15,053.98 | 4,359.75 | | Today's Cls | 15,121.74 | 4,412.30 | | Prev Cls | 14,993.04 | 4,359.30 | | Change | 128.70 | 53.00 | | % Change | 0.86 | 1.22 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | VSNL | 470.25 | 6.71 | | Sun TV | 330.25 | 5.87 | | HMT | 62.10 | 5.61 | | Escorts | 90.15 | 5.50 | | GSK Pharma | 1,184.50 | 5.35 | | Losers | | Nalco | 255.70 | -4.55 | | Lanco Infra | 286.80 | -4.21 | | BEML | 1,148.00 | -3.71 | | I-flex | 1,997.95 | -3.55 | | Indian Bank | 142.35 | -3.06 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,567 | 670 | | Declines | 1,058 | 444 | | Unchanged | 74 | 34 | | Volume(Nos) | 39.97cr | 60.92cr | | | | | | Market Commentary | | | Sensex gains on positive global cues | | The market remained upbeat for the fifth straight session and surged 129 points on sustained buying in heavyweight, banking and auto stocks. | | The market attracted considerable buying interest for the fifth straight session on firm global cues and gained nearly 200 points in early trades. | | | | The Sensex resumed with a huge positive gap of 176 points at 15,169. The market was range-bound with a positive bias, but the index lost some ground in the late morning trades to touch the day's low of 15,054, up 61 points from yesterday's close. The market however regained its lost momentum towards the final hour of the session on hectic upsurge in banking, heavyweight and auto stocks but, profit booking at close led the Sensex shed its gains and end the session at 15,122, up 129 points. The Nifty gained 53 points to close at 4,412.
The breadth of the market was positive. Of the 2,699 stocks traded on the BSE 1,567 stocks advanced, 1,058 stocks declined and 74 stocks ended unchanged. Among the sectoral indices the BSE Auto notched up gains of 1.38% at 4,777 followed by the BSE Bankex index (up 1.29% at 7,752) while the BSE IT index and the BSE Teck index up 1.06% respectively.
Most of the index heavyweights received considerable buying interest. Mahindra & Mahindra soared 2.95% at Rs675, Reliance Communication rose 2.77% at Rs534 HDFC Bank was up 2.20% at Rs1,182. Among the other major gainers Bajaj Auto shot up by 1.96% at Rs2,365, ACC jumped 1.92% at Rs1,061, ICICI Bank added 1.76% at Rs872, Ranbaxy gained 1.57% at Rs378, HDFC moved up by 1.37% at Rs1,986 and Infosys was up 1.33% at Rs1,858. However, Cipla slipped 2.68% at Rs165 and Reliance Energy fell 1.97% at Rs767 while Tata Steel, L&T, SBI, Bharti Airtel, Ambuja Cement and Maruti Udyog inched marginally lower. | | | Movers & Shakers | - DLF's slipped despite the hospitality arm of the company signing an agreement with Four Seasons Hotels and Resorts to operate a proposed luxury hotel at DLF Golf Links.
- Tata Consultancy Services gained marginally on receiving a contract from BSNL worth Rs574 crore or $140 million.
- Nakoda Textile Industries surged on forming a special purpose vehicle company for integrated textile park scheme approved by the Ministry of Textile.
- Gammon India moved up on signing Wyndham Hotel Group international to enter into hotel business.
| | | |
Auto and auto ancillary stocks notched up significant gains during the day. AmteK Auto surged 6.58% at Rs370, Escorts scaled up 5.50% at Rs90, Exide Industries rose 4.51% at Rs61, TVS Motors jumped 2.95% at Rs61, Apollo Tyre added 2.23% at Rs39, Bajaj Auto gained 1.96% at Rs2,365 and Hero Honda was up 1.37% at Rs646.
Over 4.36 crore Bella Steel shares changed hands on the BSE followed by Ispat Industries (1.60 crore shares), Tata Teleservices (1.55 crore shares), Nagarjuna Fertilisers (1.29 crore shares) and JP Hydro (1.07 crore shares).
Value wise, Axis Bank registered a turnover of Rs504 crore on the BSE followed by Puruvankara (Rs264 crore), Housing Development & Infrastructure (Rs257 crore), GMR Infrastructure (Rs192 crore) and Reliance Industries (Rs171 crore).
| | | | | | | | European Indices at 16:15 IST on 30-08-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6143.00 | 10.80 | 0.18 | | CAC 40 Index | 5537.56 | 17.54 | 0.32 | | DAX Index | 7447.37 | 8.19 | 0.11 | | | | | | | | | | | Asian Indices at close on 30-08-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16153.82 | 140.99 | 0.88 | | Hang Seng | 23484.54 | 463.94 | 2.02 | | Kospi Index | 1841.70 | 15.51 | 0.85 | | Straits Times | 3321.15 | -13.51 | -0.41 | | Jakarta Composite Index | 2150.72 | 15.83 | 0.74 | | | | | | | | To know more about our products and services, click here. | | | | | | | “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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