Skip to main content

Day End Report


The Sensex opened with a positive gap of 317 points at 9,362, on the back of on-going pull-back in the market. Intra-day profit taking saw the index pare gains during the day, the Sensex however ended on a firm note at 9,788 - up 744 points
With today's gain, the main index of the Bombay Stock Exchange, the Sensex, gained over 27% (2,091 points) from it's Monday low of 7,697. However, the index was down almost 24% (3,072 points) for the month, and down nearly 52% (10,499 points) so far this year.

The BSE Metal index surged over 10% to 5,368, and Oil & Gas index soared over 9% to 6,196.
 
The market breath was fairly positve - out of 2,575 stocks traded, 1,577 advanced, 915 declined and the rest were unchanged today.


Mahindra & Mahindra zoomed 23% to Rs 372.

HDFC soared 17.5% to Rs 1,765, and Jaiprakash Associates surged 16.5% to Rs 72.

ICICI Bank rallied 15.5% to Rs 399. Sterlite gained 14.5% at Rs 282.

Reliance and Reliance Communications moved up 13.8% each to Rs 1,371 and Rs 221, respectively.

Hindalco advanced over 13% to Rs 60. Tata Steel and Tata Power were up around 12% each at Rs 210 and Rs 690, respectively.

Tata Motors surged over 9% to Rs 172. DLF and BHEL rallied 8.8% each to Rs 220 and Rs 1,282, respectively.

HDFC Bank gained over 8% at Rs 1,024. Satyam added 7.6% to Rs 305.

Hindustan Unilever advanced 6.6% to Rs 222. Reliance Infrastructure, Wipro and Infosys were up around 6% each to Rs 457, Rs 272 and Rs 1,382, respectively.

Larsen & Toubro and Bharti Airtel gained 5.5% each at Rs 805 and Rs 649, respectively. NTPC was up nearly 5% at Rs 141.


Ranbaxy slipped 2% to Rs 169. TCS was down 1% at Rs 537.

Comments

Post a Comment

Popular posts from this blog

Stock Market says Merry Christmas to Investors

Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.
Post a Comment
Read more

News - Economy

Interest rates unlikely to go down (The Economic Times 4th Jan 2008)Interest rates are unlikely to fall in near future as it was expected with the State Bank of India raising the fixed deposit rate of various maturities up to 1.5 percentage points. Other banks are also planning to raise deposit rates. After SBI increasing deposit rates, other banks have no choice but to raise the rates to mobilize resources in the domestic market, chairman of a public sector bank said. As the cost of funds for banks will increase, they will resort to raising the lending rates. A senior banker said banks would announce the increased rates in near future. More Gold zooms past Rs 11,000 per 10 gm (The Hindu Businessline 4th Jan 2008)Gold prices made history as they soared to a record $ 865.35 an ounce in the London A.M fixing on Thursday, tracking which the domestic gold surged to Rs. 11,000 per 10 gm. On Wednesday, gold was fixed at $ 840.75/oz in London while in the Indian market it quoted at Rs 10,70
Post a Comment
Read more

IIP records negative growth of 0.4% in Oct

T he country's industrial output shrunk for the first time in many years to a record a negative growth of 0.4 per cent in October, stifled by manufacturing sector -- for rescuing which the government announced a stimulus package earlier this mo nth. Output had grown by 5.45 per cent in September, and 12.2 per cent in October, 2007. The Index for Industrial Production numbers for the seven-month period ended October was 4.1 per cent against 9.9 per cent a year ago. Manufacturing sector, which accounts for 80 per cent of the index, declined to 1.2 per cent from 13.8 per cent in the year-ago period. Only earlier this month, the government sought to rescue manufacturers by announcing an across-the-board (barring petroleum goods) four per cent cut in excise duty. Electricity sector grew by 4.4 per cent during the month, bettering 4.2 per cent output of the year-ago period, while mining sector grew by a slower 2.8 per cent against 5.1 per cent in the previous year's comparable period
Post a Comment
Read more