| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,612.61 | 4,616.80 | | High | 16,262.38 | 4,893.80 | | Low | 15,612.61 | 4,616.80 | | Today's Cls | 16,217.49 | 4,877.50 | | Prev Cls | 15,289.40 | 4,609.85 | | Change | 928.09 | 267.65 | | % Change | 6.07 | 5.81 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Edelweiss Capital | 726.45 | 24.24 | | Yes Bank | 172.05 | 20.53 | | Indiabulls Financial | 415.05 | 19.99 | | GMDC | 286.45 | 19.93 | | Gujarat NRE Coke | 123.50 | 19.44 | | Losers | | Sun Pharma | 1,252.10 | -2.11 | | Sintex Industries | 345.20 | -0.92 | | Asian Paints | 1,153.95 | -0.41 | | Financial Technologies | 1,377.70 | -0.21 | | Rajesh Exports | 68.95 | -0.07 | | | Market Statistics | | - | BSE | NSE | | Advances | 2,075 | 1052 | | Declines | 640 | 138 | | Unchanged | 47 | 13 | | Volume(Nos) | 38.88cr | 60.29cr | | | | | | Market Commentary | | | Sensex soars past 16,200 | | The Sensex gained 928 points and closed at 16,217 on widespread buying support. | | The market rose for the second session in a row today with gains of over 900 points to a high of 16,250. The market today resumed 324 points above its previous | | | | close at 15,613. Action in most of the index heavyweights and sector-wise gains maintained a steady rally till the early noon trades. The market witnessed strong buoyancy towards the close as broad-based buying propelled the index past the 16,200 mark to a new intra-day high of 16,256. At the end the Sensex wrapped the session at 16,217, up 928 points. The broad based Nifty also hit the high of 4,900 and the index ended the session by adding 268 points at 4,877. | | | Movers & Shakers | - Jyoti Structures was up 4% on news that the company has bagged Rs160 crore order from Uganda Electricity Transmission Company.
- Raj Television Network moved up 7% on a report that the company has tied up with AVM Productions, Chennai.
- Tata Teleservices Maharashtra scaled up on news that the company has crossed the milestone of five-million subscriber base.
- Avantel Softech hit the upper circuit by securing order of Rs8.25 crore.
| | | |
The market breadth was highly positive, with the gainers outpacing the losers in the ratio of 2.15:1 on the Bombay Stock Exchange (BSE). Of the 2,762 stocks traded on the BSE, 2,075 stocks advanced, 640 stocks declined and 47 stocks ended unchanged. All the sectoral indices notched up significant gains. The BSE Realty Index was the biggest gainer and soared 9.48% followed by the BSE Bankex Index (up 8.10%), the BSE CD Index (up 8.02%) and the BSE IT (up 7.73%).
All the stocks in the Sensex basket ended at higher levels. Jaiprakash Associates led the upsurge and flared by 16.38% at Rs233.10. Among the other major gainers, DLF surged 13.47% at Rs678.65, Reliance Energy moved up by 12.97% at Rs1,300, Infosys advanced 9.64% at Rs1,492.55, ICICI Bank vaulted 9.37% at Rs879.95, Wipro shot up by 9.02% at Rs434.70, HDFC added 8.63% at Rs2,589.75, BHEL rose 7.55% at Rs2,012 and ONGC moved up 7.25% at Rs1,074.
Realty stocks were the star attraction during the day and rallied sharply. Anant Raj surged 13.33% to close at Rs230, Unitech soared 10.21% at Rs279.15, Mahindra Life jumped 9.67% at Rs390.15, Puravankara added 9.59% at Rs187.90 and Peninsula Land gained 8.10% at Rs89.40.
Over 2.14 crore Reliance Natural Resources shares changed hands on the BSE followed by Ispat Industries (1.62 crore shares), Essar Oil (1.14 crore shares), Reliance Petroleum (0.96 crore shares) and IFCI (0.92 crore shares).
Valuewise, Axis Bank registered a turnover of Rs603 crore on the BSE followed by GSS America (Rs379 crore), Reliance Capital (Rs303 crore), HDFC (Rs246 crore) and Essar Oil (Rs232 crore).
| | | | | | | | European Indices at 16:40 IST on 25-03-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5672.30 | 177.10 | 3.22 | | CAC 40 Index | 4680.25 | 146.53 | 3.23 | | DAX Index | 6503.25 | 183.26 | 2.90 | | | | | | | | | | | Asian Indices at close on 25-03-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 12745.22 | 265.13 | 2.12 | | Hang Seng Index | 22464.52 | 1356.30 | 6.43 | | Kospi Index | 1674.93 | 19.63 | 1.19 | | Straits Times Index | 3000.19 | 72.40 | 2.47 | | Jakarta Composite Index | 2419.61 | 80.32 | 3.43 | | | | | | | | 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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