Sensex

Wednesday, April 15, 2009

DG - FW: Sharekhan Post-Market Report dated April 15, 2009



 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 15 April 2009 16:20
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 15, 2009

 

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April 15, 2009

 

Index Performance

Index

Sensex

Nifty

Open

10,805.14

3,381.45

High

11,337.75

3,497.55

Low

10,719.18

3,311.80

Today's Cls

11,284.73

3,484.15

Prev Cls

10,967.22

3,382.60

Change

317.51

101.55

% Change

2.90

3.00

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Lanco Infra

229.25

21.59

Essar Oil

159.65

17.95

Sintex

141.75

17.10

Hindustan Construction

60.55

16.67

Unitech

48.05

14.81

Losers

M&M Financial

224.85

-4.42

Infosys

1,370.80

-2.72

TCS

577.55

-2.39

Koutons Retail

460.90

-1.46

Nestle

1,610.10

-1.41

Market Statistics

-

BSE

NSE

Advances

2,173

218

Declines

463

54

Unchanged

67

3

Volume(Nos)

69.62cr

139.84cr

 Market Commentary 

Sensex hits 11k

Market recovers from its 248-point intra-day loss posting significant gains on buying in heavyweights, realty and capital goods stocks.

The market undid most of the day’s losses towards the close. Taking lead from weak global indices, the Sensex resumed lower from its previous close and the mood

 

remained sombre with market slipping on profit booking in index pivotals and information technology (IT) stocks. The market once again witnessed selling pressure and the Sensex touched the day's low of 10719. Though the market erased most of its loss by noon trades, the pull-back from lower levels came toward the close, after a fresh bout of buying in several frontline stocks saw the Sensex touch an intra-day high of 11338. The Sensex ended the session 318 points up at 11285, while Nifty moved up by 102 points to 3484.

The market breadth was positive however. Of the 2,703 stocks traded on the BSE 2,173 stocks advanced, whereas 463 stocks declined. Sixty seven stocks ended unchanged. Of the 13 sectoral indices on the BSE, only one- -the BSE IT ended lower. Wiping its losses, BSE Realty moved up 8.79% topping the list, while BSE CG (capital goods’ index), occupying the second slot, was up by nearly 7.36%. Rest of the indices were up 1-5% each.

Several Sensex stocks registered decent gains. Tata Motors flared up 11.50% at Rs281.20, DLF jumped by 10% at Rs256.80 and Bharat Heavy Electricals Ltd gained 9.48% at Rs1669.85. ICICI Bank, Larsen & Toubro, State Bank of India, Ranbaxy Laboratories and Sun Pharmaceutical Industries were up by more than 5% each. Among laggards, Infosys shot down by 2.72% at Rs1370.80, Tata Consultancy Services lost 2.39% at Rs577.55 and HDFC Bank lost 1.17% at Rs1083.90. Tata Power, Sterlite Industries, ITC and ONGC were down by 0.25-1% each.

Realty stocks were in limelight and closed with strong gains. Ansal Properties and Infrastructure vaulted 17.07% at Rs39.10, Unitech soared 14.81% at Rs48.05, Peninsula Land surged 10.33% at Rs34.70 and DLF advanced 10% at Rs256.80.

Unitech attracted volumes of over 4.24 crore shares on the BSE followed by Cals Refineries (3.12 crore shares), Reliance Natural Resources (2.65 crore shares) and Suzlon Energy (1.84 crore shares).

European Indices at 16:00 IST on 15-04-2009

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

3991.48

2.49

0.06

CAC 40 Index

2986.37

-13.85

-0.46

DAX INDEX

4537.08

-19.93

-0.44

Asian Indices at close on 15-04-2009

Index

Level

Change (pts)

Change (%)

Nikkei 225

8742.96

-99.72

-1.13

Hang Seng Index

15669.62

89.46

0.57

Kospi Index

1333.09

-9.54

-0.71

Straits Times Index

1905.99

8.97

0.47

Jakarta Composite Index

1593.66

23.40

1.49

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