Skip to main content

Day End Report

Unabated selling mainly in capital goods and metal stocks saw the index drift deeper into red as the day progressed. The Sensex tumbled to a low of 10,760 - down 723 points from the previous close, and finally settled with a loss of 674 points at 10,809.

The BSE Capital Goods index slumped almost 9% to 8,088. The Consumer Durables index crashed 8.8% to 2,126, and the Metal index shed 7.8% at 6,316.

The market breadth was fairly negative - out of 2,730 stocks traded, 1,849 declined, 811 advanced and the rest were unchanged today.

All index stocks ended in the negative territory today.

Jaiprakash Associates slumped 14.5% to Rs 73. Reliance Communications and Reliance Infrastructure tanked over 12% each to Rs 236 and Rs 556, respectively.

Larsen & Toubro (L&T) tumbled 11% to Rs 893. Tata Steel and Sterlite plunged over 10% each to Rs 273 and Rs 292, respectively.

TCS shed 8.5% at Rs 542, and ICICI Bank dropped 7.4% to Rs 414.

HDFC and Hindalco slipped nearly 7% each to Rs 1,713 and Rs 79, respectively.

BHEL, Reliance and Bharti Airtel plunged around 6% each to Rs 1,394, Rs 1,519 and Rs 719, respectively.

Satyam, Tata Motors and Maruti declined over 5.5% each to Rs 272, Rs 282 and Rs 679, respectively.

Wipro slipped over 5% to Rs 277. ONGC, ITC, Infosys and Mahindra & Mahindra were down 4.7% each at Rs 839, Rs 161, Rs 1,331 and Rs 484, respectively.

Tata Power, Ranbaxy and NTPC declined over 4% each to Rs 794, Rs 269 and Rs 167, 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.