| | | | Index Performance | | Index | Sensex | Nifty | | Open | 14,478.75 | 4,259.40 | | High | 14,560.48 | 4,296.15 | | Low | 14,478.75 | 4,250.10 | | Today's Cls | 14,501.08 | 4,285.70 | | Prev Cls | 14,487.72 | 4,259.40 | | Change | 13.36 | 26.3 | | % Change | 0.09 | 0.62 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Novartis | 398.30 | 14.42 | | Titan | 1,279.30 | 8.78 | | GMDC | 837.35 | 7.48 | | GMR Infra | 691.95 | 6.49 | | Reliance Petroleum | 106.75 | 5.85 | | Losers | | GE Shipping | 335.90 | -3.45 | | Canara Bank | 255.75 | -3.07 | | UTI Bank | 599.90 | -2.70 | | FDC | 34.35 | -2.55 | | Nicholas Piramal | 287.60 | -2.54 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,492 | 571 | | Declines | 1,117 | 484 | | Unchanged | 84 | 46 | | Volume(Nos) | 24.73cr | 34.06cr | | | | | | Market Commentary | | | Sensex posts modest gains | | After staying firm for the better part of the session the Sensex slipped on profit booking in front-line stocks and closed marginally above its previous close. | | The market returned to stability in the afternoon and gradually picked up momentum on healthy buying in consumer durables, capital goods and oil stocks but | | | | slipped into the red on profit booking towards the close. The Sensex opened on a cautious note at 14479, down nine points, tracing weak Asian markets. The market remained choppy thereafter but with a positive bias. It moved gradually up on sustained buying in front-line stocks to touch the day's high of 14560. However, a strong bout of selling thereafter saw the market enter into the red towards the close but buying at lower levels helped the Sensex to pare some of the losses and enter into positive territory again. The Sensex finally closed at 14501, up 13 points, while the Nifty ended the session at 4286, up 26 points.
The broader market, however, continued to remain in the green. Of the 2,693 stocks traded on the BSE, 1,492 stocks advanced, 1,117 stocks declined and 84 stocks ended unchanged. Most of the sectoral indices ended in the green. The BSE CD was the biggest gainer and moved up by 2.71% at 4164 followed by the BSE CG index (up 1.01% at 11950) and the BSE PSU index (up 0.75% at 6789). However, the BSE Bankex index dropped 0.36% at 7802 and the BSE IT index was down 0.25% at 4800. | | | Movers & Shakers | - Natco Pharma surged on receiving USFDA approval for its Ondansetron Hydrochloride tablets in multiple strengths.
- Aurobindo Pharma closed in the red despite receiving a tentative approval from the USFDA for Quinapril Hydrochloride and Hydrochlorothiazide tablets.
- Dollex Industries jumped on bagging an order of $5 million for IMFL from Africa.
- Pratibha Industries moved up on securing a contract from Jabalpur Municipal Corporation for a water supply scheme worth Rs26.44 crore.
| | | |
Among the laggards Ranbaxy was down 2.36% at Rs348, HDFC declined by 1.27% at Rs1,880, Wipro shed 1.25% at Rs509 and ACC dropped 1.17% at Rs846. However, select heavyweights attracted buying support. ONGC surged 2.11% at Rs936, Bharti Airtel rose 2.01% at Rs850, Grasim jumped 1.44% at Rs2,496, BHEL added 1.40% at Rs1,471 and Tata Motors moved up by 1.07% at Rs684.
Consumer durable stocks, however, were in the limelight. Titan Industries surged 8.78% at Rs1,279, Timex Watches jumped 5% at Rs26, Samtel Color soared 4.68% at Rs16 and Goldiam International gained 3.13% at Rs97. Llyod Electric, Shrenuj & Company, Nilkamal were up over 1% each.
Over 1.43 crore Reliance Petroleum shares changed hands on the BSE followed by IFCI (1.03 crore shares), GV Films (92.60 lakh shares), IKF Technologies (83.25 lakh shares) and Hindalco (51.65 lakh shares).
Time Technologies topped the value list with a turnover of Rs200 crore on the BSE followed by Indiabulls (Rs189 crore), Indiabulls Real Estate(Rs123 crore), Reliance Petroleum (Rs119 crore) and GMR Infrastructure (Rs103 crore).
| | | | | | | | European Indices at 16:20 IST on 26-06-2007 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 | 6568.60 | -19.80 | -0.30 | | CAC 40 Index | 5961.33 | -41.52 | -0.69 | | DAX Index | 7858.36 | -72.25 | -0.91 | | | | | | | | | | | Asian Indices at close on 26-06-2007 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 18066.11 | -21.37 | -0.12 | | Hang Seng | 21803.57 | -18.78 | -0.09 | | Kospi Index | 1749.55 | -8.18 | -0.47 | | Straits Times | 3525.10 | -55.23 | -1.54 | | Jakarta Composite Index | 2153.54 | 1.34 | 0.06 | | | | | | | | 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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