| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,478.53 | 4,481.55 | | High | 15,521.48 | 4,501.30 | | Low | 15,389.62 | 4,460.40 | | Today's Cls | 15,465.40 | 4,479.25 | | Prev Cls | 15,422.05 | 4,474.75 | | Change | 43.35 | 4.50 | | % Change | 0.28 | 0.10 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Micro Inks | 409.90 | 8.11 | | Mastek | 281.35 | 7.18 | | India Cements | 268.20 | 7.15 | | Concor | 2,220.00 | 6.10 | | Reliance Energy | 823.45 | 5.98 | | Losers | | Adani Enterprises | 361.70 | -5.21 | | Ispat Industries | 19.40 | -3.00 | | Alok Industries | 69.05 | -2.47 | | HMT | 65.05 | -2.33 | | NTPC | 181.35 | -2.16 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,744 | 677 | | Declines | 991 | 453 | | Unchanged | 55 | 28 | | Volume(Nos) | 41.29cr | 60.19cr | | | | | | Market Commentary | | | Sensex continues its winning streak | | The Sensex climbed for an eighth day, its longest winning streak in 16 months, and gained 43 points for the day. | | The Sensex, which has been maintaining a firm tone for the last seven days, posted its longest winning streak of eight days in last 16 months, today. | | | | The index added another 43 points and closed at 15,465 on sustained buying in heavyweights, cement and pharma stocks. The market opened firm at 15,479 despite mixed Asian cues and continued its rally to touch the intra-day high of 15,521. The index also received major support from Reliance Energy, Cipla and Grasim which gained around 3-6% today. However, profit bookings at higher levels and selling in few pivotal stocks dragged the Sensex into the negative territory to touch the day's low of 15,390. The market remained choppy in the afternoon, but recovered on late round buying and ended firm. The broad based Nifty closed at 4,479, up five points. | | | Movers & Shakers | - Dollex Industries slipped despite acquiring Kalamber SSK, a co-operative Sugar facility, from the Government of Maharashtra for Rs14 crore.
- Paramount Communications surged on acquiring AEI Cables in an all cash deal.
- L&T gained on bagging Rs267 crore hi-tech equipment orders.
| | | |
The breadth of the market was positive. Of the 2,790 stocks traded on the BSE 1,744 stocks advanced, 991 stocks declined and 55 stocks ended unchanged. Among the sectoral indices, the BSE Realty ended firm with gains of 1.87% at 7,462 and the BSE HC index rose 1.35% at 3,680. However, the BSE Auto index, the BSE CD index, the BSE FMCG index, the BSE Metal index, the BSE PSU index and the BSE Teck index ended weak.
Action in several index heavyweights lifted the market. Reliance Energy led the pack and shot up by 5.98% at Rs823. Cipla soared 4.45% at Rs180, Grasim surged 2.98% at Rs3,023, HDFC flared up by 2.96% at Rs2,060, Ranbaxy jumped by 2.66% at Rs407, ACC added 2.47% at Rs1,098, Maruti Udyog advanced by 1.49% at Rs894, Ambuja Cement moved up by 1.45% at Rs136 and Infosys was up 1.44% at Rs1,889. However, NTPC at Rs181, Hindalco at Rs157, Wipro at Rs466, Tata Motors at Rs691 and Bhel at Rs1,911 dropped around 1-2% each.
Over 2.09 crore Nagarjuna Fertilisers shares changed hands on the BSE followed by IFCI (1.98 crore shares), IKF Technologies (1.70 crore shares), JCT (1.34 crore shares) and Reliance Natural Resources (1.32 crore shares).
Value-wise, Take Solutions registered a turnover of Rs422 crore on the BSE followed by Reliance Energy (Rs190 crore), IFCI (Rs140 crore), Reliance Industries (Rs107 crore) and Everonn Systems (Rs97 crore).
| | | | | | | | European Indices at 16:20 IST on 04-09-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6307.70 | -7.50 | -0.12 | | CAC 40 Index | 5637.08 | -14.19 | -0.25 | | DAX Index | 7659.01 | 10.43 | 0.14 | | | | | | | | | | | Asian Indices at close on 04-09-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 16420.47 | -104.46 | -0.63 | | Hang Seng | 23886.07 | -18.02 | -0.08 | | Kospi Index | 1874.74 | -7.07 | -0.38 | | Straits Times | 3376.06 | -10.16 | -0.30 | | Jakarta Composite Index | 2215.12 | 1.54 | 0.07 | | | | | | | | 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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