| | | | Index Performance | | Index | Sensex | Nifty | | Open | 15,744.21 | 4,652.80 | | High | 15,789.62 | 4,679.75 | | Low | 15,390.22 | 4,569.90 | | Today's Cls | 15,422.31 | 4,582.40 | | Prev Cls | 15,696.90 | 4,653.00 | | Change | -274.59 | -70.60 | | % Change | -1.75 | -1.52 | | | | Market Indicators | | Top Movers (Group A) | | Company | Price
(Rs) | %
chg | | Gainers | | Torrent Power | 119.05 | 10.74 | | Ambuja Cements | 90.65 | 4.80 | | Reliance Industrial Infra | 1,060.60 | 4.37 | | GVK Power | 43.00 | 4.37 | | Lanco Infra | 407.00 | 4.07 | | Losers | | United Breweries | 523.70 | -6.80 | | Indiabulls Real Estate | 397.90 | -6.07 | | IVRCL Infra | 362.95 | -5.26 | | Axis Bank | 753.25 | -5.16 | | Sun TV | 328.25 | -5.01 | | | Market Statistics | | - | BSE | NSE | | Advances | 1,254 | 497 | | Declines | 1,402 | 703 | | Unchanged | 75 | 20 | | Volume(Nos) | 34.22cr | 55.34cr | | | | | | Market Commentary | | | Market slips after two-session rally | | The Sensex gyrated 400 points during intra-day trades and ended just above 15,400 on late selling pressure. | | The northward journey of the market finally got derailed on the third day of the trading week, after a sharp bout of selling in afternoon ensured that the | 
| | | market remains in negative territory till the close. The last two trading sessions had seen the market register gains of over 500 points on the back of firm international markets. The overnight fall in the US markets and mixed Asian indices saw brisk activity in early trades, with the Sensex witnessing a swing of over 400 points. After resuming 47 points higher at 15,744, the index eased on profit taking and remained range-bound with a negative bias in the first half of the trading session. A wave of selling in heavyweights and select sectoral stocks triggered a major fall, with the index slipping nearly below the 15,400 mark and touching the day's low of 15,390. The Sensex however managed to erase some losses on selective buying and closed the session with losses of 275 points at 15,422, while Nifty declined by 71 points at 4,582. | | | Movers & Shakers | - ICSA India moved down despite receiving the approval for setting up a wind power project.
- UTV Software Communications moved up after the company recommended a 10% dividend, Re1, per share on the face value of Rs10 equity share.
- PI Industries moved down after the company recommended a right issue and a bonus issue.
| | | |
The broader market was in red. Of the 2,731 stocks traded on the BSE, 1,402 stocks declined, 1,254 stocks advanced and 75 stocks ended unchanged. Among the sectoral indices only two ended in green. BSE Realty was the biggest laggard and moved down 3.50% at 5,885.75 followed by BSE Bankex index (down 3.45% at 7,306.44) and BSE IT index (down 2.39% at 4333.94). However, BSE FMCG index gained 0.37% at 2,310.11 followed by BSE Auto index (up 0.11% at 4,179.54).
Among the laggards, ICICI Bank was down 4.25% at Rs771, HDFC Bank declined by 3.40% at Rs1,161.20, Tata Steel shed 3.18% at Rs818, Larsen & Toubro dropped 3.12% at Rs2,725, Jaiprakash Associates lost 2.93% at Rs180.50 and Reliance Infrastructure fell 2.83% at Rs1,065.20. However, select heavyweights attracted decent buying support. Ambuja Cement surged 4.80% at Rs90.65, Ranbaxy Laboratories rose 2.88% at Rs598.20, Grasim Industries jumped 2.38% at Rs2,177.25, Maruti Suzuki India added 1.24% at Rs765 and Hindalco gained 0.96% at Rs174.30.
Select realty stocks witnessed considerable selling pressure. Anant Raj Industries dropped 7.46% at Rs166.90, indiabulls Real Estate lost 6.07% at Rs397.90, Puravankara Projects declined by 4.44% at Rs200.35, Sobha Developers slipped by 3.36% at Rs395.45, Unitech lost 3.31% at Rs200.25 and Phoenix Mills was down 3.04% at Rs255.30.
Over 1.49 crore Anu’s Laboratories shares changed hands on the BSE followed by Ispat Industries (1.39 crore shares), Chambal Fertilisers (1.30 crore shares), RNRL (1.27 crore shares), IFCI (1.14 crore shares) and Nagarjuna Fertilisers (1.05 crore shares).
| | | | | | | | European Indices at 16:24 IST on 18-06-2008 | | | | Index | Level | Change (pts) | Change (%) | | FTSE 100 Index | 5774.80 | -87.10 | -1.49 | | CAC 40 Index | 4638.07 | -48.26 | -1.03 | | DAX Index | 6744.87 | -51.29 | -0.75 | | | | | | | | | | | Asian Indices at close on 18-06-2008 | | | | Index | Level | Change (pts) | Change (%) | | Nikkei 225 | 14452.82 | 104.45 | 0.73 | | Hang Seng Index | 23325.80 | 267.81 | 1.16 | | Kospi Index | 1774.13 | 23.42 | 1.34 | | Straits Times Index | 3040.09 | 11.85 | 0.39 | | Jakarta Composite Index | 2364.58 | -13.39 | -0.56 | | | | | | | | 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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