| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,562.68 | 4,395.80 | | High | 14,986.63 | 4,515.15 | | Low | 14,529.21 | 4,376.00 | | Today's Cls | 14,961.07 | 4,502.85 | | Prev Cls | 14,577.87 | 4,395.35 | | Change | 383.20 | 107.50 | | % Change | 2.63 | 2.45 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Indian Bank | 118.10 | 11.63 | | Phoenix Mills | 201.70 | 9.98 | | Ashok Leyland | 31.85 | 9.83 | | Bajaj Holdings | 375.20 | 9.29 | | HCL Tech | 240.45 | 9.25 | | Losers | | Sterlite Industries | 581.75 | -6.76 | | Sesa Goa | 3336.75 | -5.95 | | Gujarat NRE Coke | 103.85 | -5.93 | | Maytas Infra | 419.40 | -5.17 | | Cairn India | 232.85 | -4.08 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,779 | 845 | | Declines | 923 | 356 | | Unchanged | 65 | 33 | | Volume(Nos) | 44.36cr | 75.86cr | | | | | | Market Commentary | | | Sensex gains amid sharp volatility | | The Sensex witnessed sharp intra-day swings and gained 383 points on selective buying in index pivotal stocks. | | The Sensex seems to be determined to make new highs in every session as bulls eye the 15,000 mark.But today's rally was mainly backed by the upsurge in few select heavyweight stocks. | 
| | | Tracking negative global cues, the Sensex opened 12 points lower and immediately touched the day’s low at 14,529. The strong bearish sentiment kept the Sensex in negative and positive territory throughout the trading session, but a bout of buying in banking and realty stocks catapulted the index to the day's high of 14,987 in the late afternoon. The Sensex finally ended the session at 14,961, up 383 points. The Nifty closed 108 point up at 4,503.
The breadth of the market was positive. Of the 2,767 stocks traded on the BSE, 1,779 (~64%) stocks advanced, 923 (~33%) stocks declined and 65 (~2%) stocks ended unchanged. On the sectoral front, BSE Bankex was up 6.65% at 7,218, BSE Realty index gained 6.56% at 5,575, while the BSE Auto index, BSE Power index, BSE PSU index, BSE CG index, BSE Teck index, BSE FMCG index, BSE IT index, BSE Oil & Gas index and BSE HC index were up by around 1-4% each.
Action in select index heavyweights lifted the market. ICICI Bank led the pack and shot up by 8.24% to Rs693.30. DLF soared 7.66% at Rs553.15, Maruti Suzuki India surged 7.38% at Rs614.40, HDFC Bank flared up by 6.83% at Rs1,184.35, Grasim Industries jumped by 6.56% at Rs2,018.60, JaiPrakash Associates added 6.05% at Rs185.05, Mahindra & Mahindra advanced by 5.46% at Rs548 and ACC moved up by 5.18% at Rs616.15. However Sterlite Industries slipped 6.76% at Rs575.05, Tata Steel fell by 2.28% at Rs675.95, Tata Power lost 1.61% at Rs1,101.35 and Ranbaxy Laboratories was down 1.52% at Rs516.05.
Over 2.74 crore shares of Reliance Natural Resources changed hands on the BSE followed by Ispat Industries (2.07 crore shares), IFCI (1.26 crore shares) and Reliance Petroleum (1.02 crore shares). | | | | | | | | European Indices at 16:05 IST on 05-08-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5404.10 | 83.90 | 1.58 | | CAC 40 Index | 4339.59 | 58.96 | 1.38 | | DAX Index | 6490.04 | 140.23 | 2.21 | | | | | | | | | | | Asian Indices at close on 05-08-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 12914.66 | -18.52 | -0.14 | | Hang Seng Index | 21949.75 | -565.17 | -2.51 | | Kospi Index | 1535.54 | -7.51 | -0.49 | | Straits Times Index | 2860.51 | -15.57 | -0.54 | | Jakarta Composite Index | 2185.61 | -42.05 | -1.89 | | | | | | | | 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