| | | | Index Performance | | Index | Sensex | Nifty | | Open | 9,359.00 | 2,843.05 | | High | 9,601.56 | 2,926.75 | | Low | 9,329.23 | 2,840.15 | | Today's Cls | 9,583.89 | 2,919.90 | | Prev Cls | 9,300.86 | 2,843.10 | | Change | 283.03 | 76.80 | | % Change | 3.04 | 2.70 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Bhushan Steel | 332.80 | 16.98 | | Financial Technologies | 508.30 | 15.30 | | Educomp Solutions | 1,597.05 | 13.96 | | United Spirits | 701.45 | 13.92 | | Alstom Projects | 275.25 | 12.83 | | Losers | | Spice Tele | 61.80 | -14.64 | | Bajaj Finserv | 142.00 | -4.79 | | HCL Tech | 120.40 | -4.33 | | Essar Shipping | 31.55 | -2.92 | | Indiabulls Financial | 126.15 | -2.77 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,562 | 804 | | Declines | 910 | 364 | | Unchanged | 83 | 47 | | Volume(Nos) | 28.91cr | 59.76cr | | | | | | Market Commentary | | | Upbeat for second day | | The market remains up for the second day in the row, surging 283 points, on sustained buying in heavyweight, metal and consumer durable stocks. | | The market saw substantial buying interest for the second straight session on firm global cues and gained nearly 100 points in early trades. | 
| | | Resuming with a positive gap of 58 points Sensex was at 9359 at the opening bell. The market was range-bound with a positive bias, but the index lost some ground in the late morning trades to touch the day's low of 9329, up 28 points from Friday's close. The market however regained its lost momentum towards the final hour on the back of hectic upsurge in metal, capital goods and consumer durable (CD) stocks and ended the session at 9584, up 283 points. Nifty gained 77 points to close at 2920. | | | Movers & Shakers | - Parsvnath Developers slipped despite Parsvnath Hotel at Hyderabad getting 5 Star approval from the Ministry of Tourism.
- BEML gained on receiving a contract of Bangaluru Metro worth Rs1,672.50 crore or Rs16.73 million.
- Nagarjuna Construction Company surged on the report that the company has secured four new orders aggregating to Rs712 crore.
- Ahluwalia Contracts India moved down despite a report that the company has won award of new projects worth Rs 32,013.81 lakh.
| | | |
The market breadth was positive. Of the 2,555 stocks traded on BSE 1,562 stocks advanced, whereas 910 stocks declined. Eighty three stocks ended unchanged. Among sectoral indices, BSE Metal was 4.41% up followed by BSE CD (up 3.69%) while BSE CG, BSE OIL and BSE Bankex were up by 3% each respectively.
Most of index heavyweights received considerable buying interest. JP Associates soared 8.47% at Rs74.80, Tata Steel rose 7.44% at Rs200 and Reliance Infrastructure was up 7.03% at Rs578.65. Among other major gainers Sterlite Industries shot up by 6.23% at Rs281.25, ONGC jumped 5.98% at Rs721.75, ICICI Bank added 5.17% at Rs428, Hindalco Industries gained 3.97% at Rs45.85, Tata Power moved up by 3.43% at Rs7,778.75 and Reliance Industries was up 3.39% at Rs1,389.05. However Hindustan Unilever slipped 0.27% at Rs260.20.
Over 2.53 crore shares of Cals Refineries changed hands on BSE followed by Wire & Wireless India Ltd (WWIL; 1.44 crore shares), GVK Power & Infrastructure (1.27 crore shares), Satyam Computer Services (1.08 crore shares) and Unitech (0.86 crore shares).
| | | | | | | | European Indices at 16:00 IST on 09-02-2009 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 4266.84 | -25.03 | -0.58 | | CAC 40 Index | 3105.90 | -15.54 | -0.50 | | DAX INDEX | 4631.24 | -12.55 | -0.27 | | | | | | | | | | | Asian Indices at close on 09-02-2009 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 7969.03 | -107.59 | -1.33 | | Hang Seng Index | 13769.06 | 114.02 | 0.83 | | Kospi Index | 1202.69 | -7.57 | -0.63 | | Straits Times Index | 1682.34 | -33.01 | -1.92 | | Jakarta Composite Index | 1342.23 | -8.42 | -0.62 | | | | | | | | 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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