Skip to main content

Day End Report

The Sensex opened 65 points higher at 12,741. Fresh buying in early trades saw the index move up to a high of 12,935. The index, however, could not hold gains and slipped into the negative zone in mid-noon trades.
The index dropped to a fresh yearly low of 12,514 - down 421 points from the day's high. The Sensex finally ended with a loss of 100 at 12,576.
In the process, the index has now shed nearly 10% (1,388 points) the last five trading days.
The market breadth was negative - out of 2,692 stocks traded, 1,801 declined, 812 advanced and 79 were unchanged today.
The NSE Nifty slipped 44 points to end at 3,817.

Ranbaxy zoomed 15% to Rs 471.
Bharti Airtel surged nearly 3% to Rs 730. ONGC gained 2.5% at Rs 866.
Hindustan Unilever moved up 1.8% to Rs 215. Ambuja Cements and ITC added 1.3% each to Rs 81 and Rs 162, respectively.

DLF plunged 7.7% to Rs 394. Jaiprakash Associates slumped 6% to Rs 137.
Mahindra & Mahindra tumbled 5.5% to Rs 494. HDFC shed 4.5% at Rs 1,721.
SBI and Tata Steel dropped 3.3% each to Rs 1,139 and Rs 626, respectively.
TCS slipped 3% to Rs 727. ACC and Tata Motors declined over 2% each to Rs 514 and Rs 395, respectively.
ICICI Bank, Wipro and Reliance Communications were down 1.7% each at Rs 520, Rs 371 and Rs 399, respectively.
Reliance and HDFC Bank dropped arond 1.5% each at Rs 1,945 and Rs 904, respectively
.

Comments

Popular posts from this blog

RBS picks up 0.60% stake in Gateway Distriparks

The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

Day End Report

The Sensex opened with a huge downward gap of 250 points at 13,856, and soon touched a low of 13,731. Another rise in repo rate and Cash Reserve Ratio by the RBI sparked off heavy sell-off in opening trades. However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220. The NSE Nifty ended with a gain of 60 points at 4,251. The market breadth was marginally positive- out of 2707 stocks traded, 1,370 advanced, 1,264 declined and 73 were unchanged today. Reliance Communications (RCom) zoomed 7.2% at Rs 509. Tata Steel surged 4.5% at Rs 743. DLF and Reliance Infra gained 4.2% each at Rs 458 and Rs 945, respectively. TCS and Bharti Airtel advanced 4% each at Rs 877 and Rs 780, respectively. Ranbaxy was up 3.8% at Rs 545. BHEL gained 3.7% at Rs 1,442. Reliance advanced 3.4% to Rs 2...

Auto industry records highest-ever sales in Jan

Riding on the back of economic growth, easy availability of finance and the continuing fiscal stimulus, the domestic auto industry has posted the highest ever monthly sales in January. The strong growth is both in terms of passenger car volumes and the total vehicle sales. According to Society of Automobile Manufacturers (SIAM) data, the passenger car segment has posted a 32 per cent growth in domestic sales at 145,905 units in January, over the same month last year. The last highest-ever monthly sales in the segment were in March 2009, when it sold 129,358 units. Meanwhile, overall sales across the industry grew 45 per cent at 1,114,157 units. The earlier record of highest ever monthly sales was in October 2006, when the industry had sold 1,017,198 units. Individually, the umbrella passenger vehicle segment posted a 37 per cent growth, while the commercial vehicle (CV) segment grew 131 per cent. Also, the two-wheeler and three-wheeler segments rose 43 and 47 per cent, respectively.