| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,207.52 | 2,748.40 | | High | 9,412.97 | 2,853.25 | | Low | 9,202.57 | 2,748.40 | | Today's Cls | 9,370.49 | 2,835.30 | | Prev Cls | 9,071.36 | 2,744.95 | | Change | 299.13 | 90.35 | | % Change | 3.30 | 3.29 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Glenmark Pharma | 254.85 | 15.08 | | RNRL | 54.25 | 12.67 | | Indiabulls Real Estate | 122.30 | 11.64 | | Rei Agro | 623.45 | 11.44 | | Chambal Fertilisers | 38.00 | 11.11 | | Losers | | Pantaloon Retail | 189.70 | -5.10 | | Indiabulls Financial | 112.35 | -4.99 | | Grasim Industries | 1283.45 | -3.55 | | Jai Corp | 67.70 | -3.49 | | Federal Bank | 143.65 | -3.43 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,402 | 787 | | Declines | 982 | 376 | | Unchanged | 105 | 53 | | Volume(Nos) | 24.26cr | 57.33cr | | | | | | Market Commentary | | | Market rebounds | | Across-the-board rally sees market bounce back sharply from its four-session losing streak and gain above 3% for the day. | | After crashing over 1,200 points in the last four sessions, the market witnessed a strong relief rally on across-the-board buying throughout the day. | 
| | | Strong optimism in key indices triggered a steep rally and the oil index managed to register over 4% gains. Sensex opened on a strong note with a positive gap of 137 points at 9,208, but quickly tumbled. Anyway, it remained upbeat all through the session on sustained buying support. The rally gathered steam towards the close and Sensex touched an intra-day high of 9,413 before ending the session at 9,370, up 299 points. Nifty also bounced back sharply and advanced 90 points to close at 2,835.
Market breadth was absolutely positive. Of the 2,489 stocks traded on BSE, 1,402 stocks advanced whereas 982 stocks declined. Hundred and five stocks ended unchanged. All sectoral indices closed with significant gains. BSE Oil was the major gainer and soared 5.85% followed by BSE IT (up 5.02%), BSE Teck (up 4.57%), BSE Realty (up 4.38%) and BSE Metal (up 4.18%).
Among 30 Sensex stocks, 26 ended in the green. Attracting strong buying support Reliance Communications surged 10.36% at Rs185.40, Reliance Infrastructure soared 9.70% at Rs522.35, Reliance Industries jumped 9% at Rs1178.15, Mahindra & Mahindra advanced 6.07% at Rs319.95, Tata Steel added 5.23% at Rs213.45, JP Associates zoomed 5.08% at Rs70.35, Hindalco Industries gained 4.12% at Rs50.60, Sterlite Industries vaulted 3.84% at Rs273.10 and ICICI Bank was up 3.48% at Rs441.10. Other frontline stocks also moved up by 1-3% each.
Oil stocks witnessed sustained buying support. Reliance Natural Resources Ltd (RNRL) surged 12.67% at Rs54.25, Essar Oil jumped 9% at Rs79.15, Reliance Petroleum added 6.17% at Rs80.10, ONGC advanced 5.05% at Rs645 and Cairn India gained 1.90% at Rs155.85.
Over 2.66 crore shares of Satyam Computer Services changed hands on BSE followed by Reliance Natural Resources (2 crore shares), Rolta India (1.53 crore shares), Unitech (1.53 crore shares) and Suzlon Energy (1.36 crore shares). | | | | | | | | European Indices at 16:15 IST on 14-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4348.18 | -50.97 | -1.14 | | CAC 40 Index | 3175.09 | -22.80 | -0.71 | | DAX INDEX | 4604.88 | -31.72 | -0.67 | | | | | | | | | | | Asian Indices at close on 14-01-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 8438.45 | 24.54 | 0.29 | | Hang Seng Index | 13704.61 | 36.56 | 0.27 | | Kospi Index | 1182.68 | 14.97 | 1.28 | | Straits Times Index | 1764.72 | 2.90 | 0.16 | | Jakarta Composite Index | 1386.91 | -12.83 | -0.92 | | | | | | | | 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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