Skip to main content

Day End Report

The Sensex opened with a huge negative gap of 550 points at 12,713,  owing to weak cues from the global markets, and soon slipped to a low of 12,558.
  
Buying emerged at lower levels as index took support around the July low of 12,500. Banking and oil & gas stocks led the recovery. As buying gained momentum, the index rebounded into the positive zone in tandem with other global markets.

The Sensex touched a high of 13,347, and finally ended with a gain of 53 points at 13,316.

The BSE Bankex rallied 2.7% (177 points) to 6,770, and the Oil & Gas index surged 2.3% (207 points) to 8,973.

The market breadth was fairly negative - out of 2,690 stocks traded, 1,941 declined, 679 advanced and 70 were unchanged.

Sterlite surged 3.5% to Rs 455. HDFC Bank, Reliance and NTPC rallied over 3% each to Rs 1,222, Rs 1,933 and Rs 174, respectively.

ICICI Bank and Maruti gained 2.7% each at Rs 576 and Rs 718, respectively.

Mahindra & Mahindra and Reliance Infrastructure added 2.5% each to Rs 551 and Rs 850, respectively.

SBI and ONGC advanced over 2% each to Rs 1,561 and Rs 999, respectively.

ACC and Larsen & Toubro were up 1.5% each at Rs 601 and Rs 2,539, respectively.

Ranbaxy slumped 10% to Rs 341. Jaiprakash Associates plunged 6.7% to Rs 127.

Satyam tumbled over 4% to Rs 335. Infosys and Tata Steel dropped 3.3% each to Rs 1,524 and Rs 459, respectively.

DLF shed 3% at Rs 396. Tata Power slipped over 2% to Rs 949.

HDFC slipped over 1.5% to Rs 2,131. Bharti Airtel and TCS were down over 1% each at Rs 760 and Rs 720, respectively.

Comments

Post a Comment

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.
Post a Comment
Read more

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...
Post a Comment
Read more

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.
Post a Comment
Read more