| | | | Index Performance | | Index | Sensex | Nifty | | Open | 13,561.92 | 4,002.00 | | High | 13,793.39 | 4,114.50 | | Low | 13,475.78 | 4,002.00 | | Today's Cls | 13,525.99 | 4,030.00 | | Prev Cls | 13,454.00 | 4,016.00 | | Change | 71.99 | 14.00 | | % Change | 0.54 | 0.35 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Deccan Aviation | 72.45 | 24.06 | | HMT | 54.15 | 13.76 | | Adani Enterprises | 667.95 | 11.64 | | Essar Shipping | 99.70 | 9.98 | | Nagarjuna Construction | 136.60 | 9.11 | | Losers | | Phoenix Mills | 128.95 | -6.93 | | Bajaj Hindustan | 163.35 | -6.60 | | ABJ Shipyard | 325.45 | -6.43 | | Cairn India | 237.70 | -5.49 | | Indiabulls Real Estate | 265.40 | -4.98 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,853 | 883 | | Declines | 788 | 344 | | Unchanged | 65 | 14 | | Volume(Nos) | 58.52cr | 52.05cr | | | | | | Market Commentary | | | Profit taking trims Sensex gains | | The Sensex came off its early highs on selective profit taking and ended with steady gains at 13,526. | | Even as major Asian indices like Nikkei, Hang Seng, Straits Times and Kospi managed to clock decent gains, the Sensex failed to hold on to its early rally and | 
| | | closed way off its highs amid profit taking towards the closing hours. Riding on the back of Friday's buoyant close and optimism in several Asian markets, the Sensex resumed 108 points higher at 13,562 and advanced sharply on sustained buying support to scale above 13,700 and touch an intra-day high of 13,793. After remaining above 13,600 for the entire first half, the Sensex came under the grip of profit taking and slipped below 13,550 to touch the day's low of 13,476, 22 points above the last close of 13,454. The Sensex finally ended the session with steady gains of 72 points at 13,526, while Nifty gained 14 points to close at 4,030. | | | Movers & Shakers | - Vyapar Industries advanced on announcing that the board will consider buy-back of equity shares.
- ICSA India rose on securing work order worth Rs79.88 crore.
- Forbes & Company, which recommended a dividend of 5% (Rs1.50 per share of Rs10 each), has scaled up.
| | | |
Among the front liners, JP associates soared 4.47% at Rs160.15, Mahindra & Mahindra rose 4.40% at Rs496.35, Maruti Suzuki added 4.34% at Rs574.35, Satyam Computer Services jumped 4.28% at Rs481.95, ITC advanced 3.98% at Rs177.60 and SBI gained 3.92% at Rs1,171.75, while Hindustan Unilever, ACC, Hindalco, DLF, Infosys and Wipro gained 2-3% each. However, Reliance Communications dropped 4.20% at Rs419.80, while Reliance Industries declined 3.38% at Rs2,028.15, BHEL lost 2.26% at Rs1,466.35 and Tata Motors lost 2.07% at Rs392.55.
The breadth of the market was positive. Of the 2,706 stocks traded on the BSE, 1,853 stocks advanced, 788 stocks declined and 65 stocks ended unchanged. On sectoral front, 11 out of 13 sectoral indices ended positive. The BSE FMCG was the lead performer and rose 2.75% at 1,993, while the BSE IT index gained 2.64% at 4,176.
FMCG stocks witness strong buying support. United Breweries shot up by 8.80% at Rs141, United Spirits scaled up 4.15% at Rs1,128.50, ITC added 3.98% at Rs177.60 and Dabur gained 3.37% at Rs81.20. Britannia and Tata Tea were up over 1% each.
Over 28.59 crore Spice Tele shares changed hands on the BSE followed by Reliance Natural Resources (2.63 crore shares), IFCI (2.05 crore shares), Reliance Petroleum (1.16 crore shares), Ispat Industries (1.01 crore shares) and Chambal Fertiliser (80.01 lakh shares).
| | | | | | | | European Indices at 16:23 IST on 07-07-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5437.30 | 24.50 | 0.45 | | CAC 40 Index | 4291.01 | 25.01 | 0.59 | | DAX Index | 6321.13 | 48.92 | 0.78 | | | | | | | | | | | Asian Indices at close on 07-07-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 13360.04 | 122.15 | 0.92 | | Hang Seng Index | 21913.06 | 489.24 | 2.28 | | Kospi Index | 1579.72 | 1.78 | 0.11 | | Straits Times Index | 2934.12 | 41.58 | 1.44 | | Jakarta Composite Index | 2303.81 | -10.93 | -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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