Skip to main content

Day End Report

The Sensex opened with a positive gap of 334 points at 12,910 on the back of bullish cues from the global markets. The index retreated a bit to a low of 12,844, but soon bounced back to higher levels on the back of renewed buying interest in beaten down stocks.
The index rallied to a high of 13,150, and finally ended with a gain of 536 points at 13,112.
The market breadth was fairly positive - out of 2,689 stocks traded, 1,529 advanced, 1,088 declined and 72 were unchanged today.
The NSE Nifty surged 130 points to settle at 3,947.
HDFC zoomed 9.8% to Rs 1,889. Maruti soared 9.5% to Rs 600.
Jaiprakash Associates surged over 9% to Rs 149. DLF gained 8.5% at Rs 427.
SBI rallied 7.8% to Rs 1,227, and Larsen & Toubro moved up 7.5% to Rs 2,440.
TCS surged over 7% to Rs 779. ICICI Bank and HDFC Bank rallied 6% each to Rs 551 and Rs 958, respectively.
Reliance Infrastructure moved up 5.4% to Rs 807. BHEL and Satyam added 5% each to Rs 1,453 and Rs 414, respectively.
ACC and Reliance Communications gained 4.7% each at Rs 539 and Rs 418, respectively. ONGC added 4.3% to Rs 904.
Mahindra & Mahindra and Tata Motors advanced over 4% each to Rs 514 and Rs 412, respectively.
Reliance moved up 3.6% to Rs 2,016. ITC was up over 3% at Rs 167, and Bharti Airtel added 2.5% to Rs 749.
Wipro, Infosys, Hindustan Unilever and Hindalco were up around 2% each at Rs 380, Rs 1,583, Rs 220 and Rs 140, respectively.

Ranbaxy shed 4% at Rs 452. Tata Steel dropped 3% to Rs 607.

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.