| | | | Index Performance | | Index | Sensex | Nifty | | Open | 20,301.05 | 6,069.00 | | High | 20,323.76 | 6,110.85 | | Low | 20,159.73 | 6,060.20 | | Today's Cls | 20,216.72 | 6,081.50 | | Prev Cls | 20,192.52 | 6,070.75 | | Change | 24.20 | 10.75 | | % Change | 0.12 | 0.18 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | SCI | 294.35 | 13.85 | | NALCO | 480.85 | 9.76 | | Nirma | 250.75 | 8.13 | | MIRC | 33.30 | 8.12 | | CMC | 1,378.90 | 6.57 | | Losers | | Nicholas Piramal | 342.60 | -6.21 | | Sterlite Optical | 332.65 | -4.05 | | Titan Industries | 1,478.85 | -3.43 | | GNFC | 216.10 | -3.35 | | Chambal Fertilisers | 83.60 | -2.85 | | | Market Statistics | | - | BSE | NSE | | Advances | 2,069 | 742 | | Declines | 841 | 451 | | Unchanged | 43 | 12 | | Volume(Nos) | 63.02cr | 99.04cr | | | | | | Market Commentary | | | Sensex gains amid choppy trading | | After displaying lacklustre trend, Sensex gained 24 points on late buying in heavyweights and consumer durable stocks. | | The market was poised for a negative close, but late bout of buying pulled the Sensex above 20,200 and halted its downturn. | | | | Frontline stocks traded within a narrow range on the back of expiry of December derivative contracts, but mid- and small-cap shares remained buoyant for entire trading session. Shrugging off the mixed trend in Asian markets, Sensex resumed 108 points above its last close at 20,193.It extended its upmove for a brief period and touched the day's high of 20,324, however profit bookings at higher levels saw it shed over 130 points and enter into negative territory by afternoon. Lack of buying interest kept the market lacklustre thereafter and Sensex touched the day's low of 20,160. But, consumer durables, metal, PSU and FMCG shares received some buying support towards the close and the market turned positive. Sensex finally closed the session at 20,217, up 24 points, while the Nifty ended the session with a gain of 11 points at 6,082.
The breadth of the market was positive. Of the 2,953 stocks traded on the BSE, 2,069 stocks advanced, 841 stocks declined and 43 stocks ended unchanged. On sectoral front,BSE CD index was up 1.79% at 6,339 and BSE FMCG index gained 0.92% at 2,253. However BSE Auto index, BSE CG index, BSE HC index, BSE IT index, BSE Teck index and BSE Realty index closed marginally down.
Among the major losers, Tata Motors shed 2.05% at Rs737, Satyam Computer declined 1.72% at Rs451, Reliance Communications fell 1.66% at Rs731, Bharti Airtel slipped 1.65% at Rs966, while Ranbaxy, L&T, Grasim, SBI, M&M and Infosys were marginally down. HDFC Bank, however, gained 2.77% at Rs1,750, followed by Wipro up 2.54% at Rs549, ICICI Bank added 1.85% at Rs1,242, ITC jumped 1.85% at Rs203 and Tata Steel was up by 1.52% at Rs906.
Over 2.62 crore IKF Technology shares changed hands on the BSE followed by GV Films (1.95 crore shares), Himachal Futuristic Communication (1.86 crore shares), Maars Software (1.71 crore shares) and Arvin Remedies (1.50 crore shares).
Valuewise, Essar Oil registered a turnover of Rs272 crore on the BSE followed by Reliance Energy (Rs225 crore), Reliance Industries (Rs179 crore), Reliance Petroleum (Rs173 crore) and Orchid Chemical (Rs120 crore). | | | | | | | | European Indices at 16:15 IST on 27-12-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6495.80 | 16.50 | 0.25 | | CAC 40 Index | 5650.30 | 36.02 | 0.64 | | Dax Index | 8061.98 | 59.01 | 0.74 | | | | | | | | | | | Asian Indices at close on 27-12-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkie | 15564.69 | -88.85 | -0.57 | | Hang Seng | 27842.93 | -285.87 | -1.02 | | Kospi Composite | 1908.62 | 1.90 | 0.10 | | Straits Times | 3477.20 | 3.99 | 0.11 | | Jakarta Composite | 2739.70 | 25.16 | 0.93 | | | | | | | | 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.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” | To unsubscribe write to myaccount@sharekhan.com | |
No comments:
Post a Comment