Skip to main content

Day End Report

The Sensex opened 25 points lower at 9,205. After the initial nervousness the index rebounded into the positive zone and rallied to a high of 9,341. The index, however, could not hold gains and slipped back into the negative zone.

The selling pressure intensified in mid-noon trades mainly on account of significant weakness in technology, realty and energy stocks. The index tumbled to a low of 8,915 - down 427 points from the day's high.

The Sensex finally ended with a loss of 265 points at 8,965 today. In the process, the index ended the week with a loss of 128 points.

The BSE IT index shed 4.4% at 2,357. The Realty and Metal index plunged 3.5% each to 1,692 and 4,640, respectively. The Oil & Gas index dropped 3.3% to 5,495.

The market breadth was marginally negative - out of 2,156 stocks traded, 1,099 declined, 986 advanced and the rest were unchanged.

Jaiprakash Associates slumped 6.6% to Rs 66. TCS and Infosys plunged 5% each to Rs 522 and Rs 1,136, respectively.

DLF, HDFC, Hindalco and Sterlite tumbled nearly 5% each to Rs 203, Rs 1,436, Rs 50 and Rs 245, respectively.

Reliance and Satyam shed 3.5% each at Rs 1,119 and Rs 224, respectively.

ONGC, Bharti Airtel and SBI slipped nearly 3% each to Rs 655, Rs 665 and Rs 1,136, respectively.

HDFC Bank, ITC, Larsen & Toubro, Tata Steel and Reliance Infrastructure dropped around 2.5% each to Rs 889, Rs 169, Rs 729, Rs 183 and Rs 532, respectively.

Wipro, Tata Power and NTPC declined over 2% each to Rs 227, Rs 669 and Rs 161, respectively.

ICICI Bank and BHEL were down 1.5% each at Rs 358 and Rs 1,339, respectively.

Tata Motors advanced 1.5% to Rs 153. Grasim added 1% to Rs 938.

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