| | Index Performance | Index | Sensex | Nifty | Open | 8,480.74 | 2,616.60 | High | 8,793.21 | 2,726.15 | Low | 8,480.74 | 2,616.60 | Today's Cls | 8,756.61 | 2,719.25 | Prev Cls | 8,343.75 | 2,617.45 | Change | 412.86 | 101.80 | % Change | 4.95 | 3.89 | | | Market Indicators | Top Movers (Group A) | Company | Price (Rs) | % chg | Gainers | Sintex | 86.80 | 21.06 | Educomp Solutions | 1,762.90 | 12.96 | DLF | 152.55 | 11.47 | Aban Offshore | 254.55 | 10.79 | Tata Motors | 161.60 | 10.72 | Losers | HPCL | 245.00 | -3.75 | Godrej Consumer | 120.00 | -3.34 | BPCL | 344.55 | -2.92 | Tech Mahindra | 255.60 | -2.83 | ABB | 355.55 | -2.21 | | Market Statistics | - | BSE | NSE | Advances | 1,583 | 866 | Declines | 854 | 301 | Unchanged | 114 | 59 | Volume(Nos) | 26.65cr | 59.63cr | | | | | Market Commentary | | Sensex scales new peak | Sensex closes above 8700 mark on strong gains in realty, metal and banking stocks. | Sensex closed in the positive territory for the second consecutive sessions, led by gains in realty major DLF and metal and banking stocks. | | | The market resumed on a strong note backed by positive global cues and strong investor appetite for heavyweights. Sensex quickly breached the 8700 level in early trades and held on its gains. Relentless buying in front-line stocks towards the close helped the index to touch to an a intra-day high of 8793, up 5.34 % or 449 points. Sensex finally wrapped up the session with the gains of 413 points at 8757. Nifty closed the session at 2719 by adding 102 points. The breadth of the market was positive. Of the 2,551 stocks traded on the BSE 1,583 stocks advanced, whereas 854 stocks declined. 114 stocks ended unchanged. All the sectoral indices ended positive. BSE Realty ended firm with the gains of 7.57% while BSE Metal rose 6.26% and BSE Bankex added 5.85%. All other indices gained 1-4% each. Action in several index heavyweights lifted the market. DLF led the pack and shot up by 11.57% at Rs152.55. Tata Motors soared by 10.72% at Rs161.60, Tata Power surged 9.18% at Rs662.85, ICICI Bank flared up by 8.60% at Rs308.70, Hindalco Industries jumped by 7.99% at Rs42.55, Sterlite Industries added 7.93% at Rs283, HDFC advanced by 7.53% at Rs1380.05 and Tata Steel moved up by 6.89% at Rs166.70. However, NTPC was the only stock to be in the red for the day with 2.0% down at Rs170.20. Realty stocks rallied sharply. DLF shot up by 11.47% at Rs152.55, Akruti City soared 9.27% at Rs1175.40, Mahindra Life flared up by 8.16% at Rs80.80, HDIL added 6.48% at Rs68.15 and Indiabulls Real Estate was up 5.67% at Rs90.45. Over 2.37 crore share of Satyam Computer Services changed hands on BSE followed by Cals Refineries (0.87 crore shares), ICICI Bank (0.82 crore shares), Unitech (73.70 lakh shares) and Suzlon Energy (67 lakh shares). | | | | | | | | European Indices at 16:00 IST on 13-03-2009 | | | Index | Level | Change (pts) | Change (%) | FTSE 100 Index | 3771.57 | 59.51 | 1.60 | CAC 40 Index | 2738.24 | 43.99 | 1.63 | DAX INDEX | 4002.59 | 46.37 | 1.17 | | | | | | | | | | | Asian Indices at close on 13-03-2009 | | | Index | Level | Change (pts) | Change (%) | Nikkei 225 | 7569.28 | 371.03 | 5.15 | Hang Seng Index | 12525.80 | 524.27 | 4.37 | Kospi Index | 1126.03 | -2.36 | -0.21 | Straits Times Index | 1577.52 | 83.99 | 5.62 | Jakarta Composite Index | 1327.43 | 17.02 | 1.30 | | | | | | | | 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