Wednesday, September 26, 2007

Sharekhan Post-Market Report dated September 25, 2007


 

 Sharekhan's daily newsletter

 

September 25, 2007

 

Index Performance

Index

Sensex

Nifty

Open

16,890.75

4,939.10

High

16,928.02

4,953.90

Low

16,676.98

4,878.15

Today's Cls

16,899.54

4,938.85

Prev Cls

16,845.83

4,932.20

Change

53.71

6.65

% Change

0.32

0.13

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

MRPL

65.25

12.02

Indian Oil

436.20

7.89

BPCL

348.50

7.31

Fertilisers & Chemicals

27.25

4.81

Ispat Industries

28.05

4.66

Losers

ING Vysya Bank

247.00

-5.65

United Phosphorus

361.45

-4.83

RPL

159.50

-4.72

Ingorsoll Rand

319.60

-4.54

HDIL

608.80

-4.27

Market Statistics

-

BSE

NSE

Advances

1,111

452

Declines

1,653

693

Unchanged

52

18

Volume(Nos)

66.43cr

109.22cr

 Market Commentary 

Sensex ends flat

After an intra-day swing of 155 points, the Sensex ended on a flat note

In a spiritless trading session, the market displayed a range-bound trend with a select bout of buying and selling activities.

 

After opening 45 points higher over its previous close of 18,646, the Sensex scaled higher to touch an intra-day high of 18,928. In mid session the market remained steady, however the sentiment turned bearish at the end of the session, and the index dipped to the day's low of 16,676. However, the Sensex on the back of selective pivotals in stocks ended on a flat note at 16,900, up by 54 points. The Nifty, however, advanced by seven points to close at 4,939. Market breadth on the BSE was negative. Of the 2,816 stocks traded, 1,653 stocks declined, 1,111 stocks advanced and the remaining stocks ended unchanged. 

Movers & Shakers

  • Gremach rallied sharply on the report that the company has acquired 75% controlling stake in 11 coal mines in Mozambique.
  • Panacea Biotec gained on inaugurating a Vaccine Formulation Plant (VFP) on their annual day at Baddi, unveiling its new corporate identity.
  • Gayatri Projects moved up on the report that the company has secured new order valued at Rs154.01 crores.
  • Cinemax India declined despite a report that the company is launching a three-screen multiplex at Panipat in Haryana.


Sectoral indices showed a mixed result. The BSE CD, the BSE FMCG index, the BSE HC index, the BSE Metal index, the BSE Oil & Gas index, the BSE PSU index and the BSE Teck index ended in the green, However, the BSE Bankex index, the BSE Auto index, the BSE CG index, the BSE IT index and the BSE Reality index exhibited weakness. 

Among the gainers, HDFC Bank flared up 3.82% at Rs1,398, Hindalco moved up 2.86% at Rs168, Bharti Airtel jumped 2.11% at Rs965, Reliance gained 1.82% at Rs2,400, Ranbaxy scaled up by 1.73% at Rs424, Hindustan Utility was up 1.57% at Rs227 and Cipla advanced up 1.17% at Rs169. Maruti, ACC, Satyam Computer, HDFC, Infosys, ONGC and Grasim reported steady gains. However, M&M dropped 2.64% at Rs763, Bajaj Auto shed 2.16% at Rs2,518 and SBI dipped 1.60% at Rs1,803. Wipro, L&T, and Ambuja Cement were marginally down. 

Over 4.72 crore RNRL shares changed hands on the BSE followed by IFCI (4.41 crore shares), Ispat (4.33 crore shares) and JP Hydro (3.69 crore shares).

European Indices at 16:50 IST on 25-09-2007

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

6393.80

-72.10

-1.12

CAC 40 Index

5629.78

-62.71

-1.10

DAX Index

7734.51

-53.41

-0.69

Asian Indices at close on 25-09-2007

Index

Level

Change (pts)

Change (%)

Nikkei 225

16401.73

89.12

0.55

Hang Seng Index

26382.08

-169.86

-0.64

Kospi Index

1919.26

10.29

0.54

Straits Times Index

3624.82

-14.20

-0.39

Jakarta Composite Index

2330.36

-23.27

-0.99

 

 

 

 
.

__,_._,___


No comments:

Google

Live Market Report - from Sify

LATEST NEWS from Sify

LATEST NEWS from NDTV