Sensex

Thursday, March 26, 2009

DG - FW: Sharekhan Post-Market Report dated March 26, 2009

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 26 March 2009 16:22
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated March 26, 2009

 

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March 26, 2009

 

Index Performance

Index

Sensex

Nifty

Open

9,739.93

2,982.25

High

10,061.36

3,103.35

Low

9,739.93

2,982.25

Today's Cls

10,003.10

3,082.25

Prev Cls

9,667.90

2,984.35

Change

335.20

97.90

% Change

3.47

3.28

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Crompton Greaves

120.95

14.10

Lanco Infra

147.35

11.59

Sesa Goa

98.25

10.46

Aban Offshore

366.05

10.07

PTC India

68.20

8.08

Losers

Akruti City

819.40

-55.06

Rei Agro

43.60

-5.83

Spice Tele

59.05

-4.29

Jai Corp

81.45

-4.29

Indiabulls Real Estate

100.55

-3.78

Market Statistics

-

BSE

NSE

Advances

1,392

704

Declines

1,138

484

Unchanged

106

56

Volume(Nos)

41.37cr

94.55cr

 Market Commentary 

Sensex rallies past 10000

Market rallies sharply for the fourth straight session on all-round buying, adding 335 points for the day. 

The market reported another solid performance on the back of strong all-round buying, even as major Asian indices exhibited a subdued trend.  

 

The market did send jitters among investors in early trades, after Sensex made a firm opening at 9740. However, good buying ensured that Sensex remains in the positive territory thereafter. Consumer goods stocks boosted investor confidence and the market witnessed a steep rally in heavyweights, metal, power, banking and technology stocks, lifting Sensex above 10000 mark to an intra-day high of 10061. Sensex finally ended the session with gains of 335 points at 10003, while Nifty advanced 98 points at 3082.

Market breadth was positive for the day. Of the 2,636 stocks traded on the BSE, 1,392 stocks advanced, 1,138 stocks declined and 106 stocks ended unchanged. All sectoral indices except BSE Realty (realty index) closed higher. BSE CG (capital goods index) rose 5.42% followed by BSE Power (up 4.02%), BSE Metal (up 3.97%), BSE Bankex (up 3.38%), BSE IT (up 3.29%), BSE Teck (up 3.25%) and BSE Auto (up 3.03%).

Only three blue chips failed to attract buying support, while 27 Sensex stocks finished higher. Tata Motors soared 7.94% at Rs172.70. Larsen & Toubro jumped 6.10% at Rs661.35. Tata Consultancy Services surged 5.97% at Rs368.10, Bharat Heavy Electricals added 5.85% at Rs1,570.15, Tata Power advanced 5.57% at Rs781.40, ONGC moved up by 5.36% at Rs804.60, Maruti Suzuki India gained 5.07% at Rs771.15, Wipro was up 5.03% at Rs254.60 and Tata Steel advanced 5% at Rs204.80. Other heavyweights also gained 1-4% each. However, Ranbaxy Laboratories shed 2.95% at Rs157.95 while DLF and ACC ended marginally lower at Rs176.10 and 560.40 respectively.

Over 3.70 crore shares of Unitech changed hands on BSE followed by Motherson Sumi Systems (3.42 crore shares), Cals Refineries (1.74 crore shares), GVK Power & Infrastructure (1.09 crore shares) and IFCI (95.72 lakh shares).

European Indices at 16:00 IST on 26-03-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3885.97

-14.28

-0.37

CAC 40 Index

2888.64

-4.81

-0.17

DAX INDEX

4237.84

14.55

0.34

Asian Indices at close on 26-03-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8636.33

156.34

1.84

Hang Seng Index

14108.98

486.87

3.57

Kospi Index

1243.80

14.78

1.20

Straits Times Index

1758.79

67.11

3.97

Jakarta Composite Index

1419.97

-16.14

-1.12

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