| | | | Index Performance | | Index | Sensex | Nifty | | Open | 19,339.14 | 5,777.60 | | High | 19,375.07 | 5,874.60 | | Low | 19,009.35 | 5,710.60 | | Today's Cls | 19,079.64 | 5,742.30 | | Prev Cls | 19,261.35 | 5,777.00 | | Change | -181.71 | -34.70 | | % Change | -0.94 | -0.60 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | JB Chemicals | 81.55 | 7.94 | | Nicholas Piramal | 368.15 | 7.29 | | GIPCL | 123.05 | 6.17 | | Neyveli Lignite | 246.20 | 5.89 | | BPCL | 418.20 | 5.29 | | Losers | | Gillette India | 1,315.50 | -6.39 | | Jindal Steel | 13,487.00 | -6.11 | | Jaiprakash Associates | 379.85 | -5.22 | | Raymond | 383.30 | -4.44 | | Dredging Corporation | 1,030.75 | -4.20 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,225 | 492 | | Declines | 1,672 | 695 | | Unchanged | 33 | 16 | | Volume(Nos) | 78.27cr | 85.85cr | | | | | | Market Commentary | | | Sensex drops 182 points amid sharp volatility | | Weakness in heavyweight, banking, capital goods, and metal stocks saw the Sensex shed 182 points during the day. | | Nervousness among investors to take fresh positions was visible through the entire trading session, as traders booked profits on every rise. | | | | The market opened with a negative gap of 78 points tracking mixed global cues, but recovered quickly on strong buying in index pivotal stocks to touch the day's high of 19,375. The market thereafter witnessed choppy trading. After exhibiting a range-bound trend with a mixed bias, profit booking in banking, capital goods, and metal stocks saw the Sensex slump below the 19,100 mark by afternoon. The Sensex managed to erase some losses towards the close but a fresh bout of selling saw it touch the day's low 19,009 and end the session with a loss of 182 points at 19,080. Broad-based Nifty closed the session at 5,742, down 35 points. | | | Movers & Shakers | - Diamond Cables jumped on receiving a large order to supply 956 power transformers.
- Great Eastern Shipping Company slipped despite placing an order for the supply of two MPSVs / ROV support vessels to Colombo Dockyard Ltd.
- Steel Strips Wheels gained on receiving another export order from PSA Peugeot Citroen.
| | | |
Market breadth was weak. Of 2,930 stocks traded on the Bombay Stock Exchange (BSE), 1,672 stocks declined, 1,225 stocks advanced and 33 stocks ended unchanged. Most sectoral indices ended weak. BSE bankex index slipped by 142% followed by BSE Metal index (down 1.35%) and BSE CG index (down 1.18%) while, BSE HC index gained 1.50%, BSE CD index added 1.12% and BSE PSU index was up 0.39%.
Among major losers, HLL slipped 3.39% at Rs211, L&T tumbled by 2.80% at Rs3,968, ICICI Bank declined by 2.27% at Rs1,141, HDFC plunged by 2.27% at Rs2,812, Reliance Industries dropped 1.75% at Rs2,729, ONGC crumbled by 1.41% at Rs1,150, HDFC Bank slumped 1.28% at Rs1,657 and BHEL fell by 1.24% at Rs2,395. However, Cipla gained 3.78% at Rs216, ITC surged 2.22% at Rs198, NTPC added 1.66% at Rs232 and Ranbaxy moved up by 1.05% at Rs410 while Maruti Suzuki, Bharti Airtel, ACC, DLF, Tata Motors and TCS ended with modest gains.
Over 3.77 crore IKF Technologies shares changed hands on BSE followed by IFCI (3.57 crore shares), Ispat Industries (3.31 crore shares), GV Films (2.65 crore shares) and Himachal Futuristic Communication (2.29 crore shares).
Valuewise, ONGC clocked a turnover of Rs387 crore on BSE followed by IFCI (Rs364 crore), Essar Oil (Rs292 crore), Ispat Industries (Rs259 crore) and Reliance Petroleum (Rs227 crore).
| | | | | | | | European Indices at 16:05 IST on 18-12-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6303.80 | 26.00 | 0.41 | | CAC 40 Index | 5535.89 | 21.01 | 0.38 | | DAX Index | 7846.56 | 21.12 | 0.27 | | | | | | | | | | | Asian Indices at close on 18-12-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei | 15207.86 | -41.93 | -0.27 | | Hang Seng | 26732.87 | 136.29 | 0.51 | | Kospi Index | 1861.47 | 21.65 | 1.18 | | Straits Times | 3369.31 | 15.75 | 0.47 | | | | | | | | 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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