The Sensex opened with a positive gap of 61 points at 16,782. Agressive buying in telecom and financial stocks helped the index cross the 17,000-mark today.
The Sensex rallied to a high of 17,151, and finally ended with a gain of 405 points at 17,126.
The market breadth was marginally negative - out of 2,763 stocks traded, 1,459 declined and 1,248 advanced today.
The NSE Nifty moved up 112 points to close at 5,112.
INDEX MOVERS...
Bharti Airtel zoomed 9.6% to Rs 925. Reliance Communications (RCom) soared 8.3% to Rs 577.
ICICI Bank surged 4.5% to Rs 916. HDFC and SBI rallied 4% each to Rs 2,694 and Rs 1,750, respectively. HDFC Bank advanced 3.5% to Rs 1,498.
Reliance Energy gained 4% at Rs 1,359. Wipro moved up 3.7% to Rs 466, and Tata Steel added 3.5% to Rs 803.
ONGC advanced over 2% to Rs 1,055. Reliance and ITC gained 1.7% each at Rs 2,625 and Rs 213, respectively.
Satyam, NTPC and Larsen & Toubro were up over 1% each at Rs 445, Rs 193 and Rs 2,971, respectively.
BHEL and Mahindra & Mahindra were also up 1% each at Rs 1,867 and Rs 636, respectively.
...AND THE SHAKERS
ACC dropped nearly 2% to Rs 783. Maruti and DLF were down around 1% each to Rs 737 and Rs 668, respectively.
VALUE & VOLUME TOPPERS
Reliance Natural Resources topped the value chart with a turnover of Rs 354.40 crore followed by Reliance Capital (Rs 225.30 crore), Bharti Airtel (Rs 210.25 crore), Reliance Communications (Rs 209.20 crore) and Reliance (Rs 207.65 crore).
Reliance Natural Resources led the volume chart with trades of around Rs 2.95 crore shares followed by IFCI (1.56 crore), Ispat Industries (1.42 crore), Nagarjuna Fertlisers (1.40 crore) and Tata Teleservices (1.19 crore).
Saturday, April 26, 2008
Thursday, April 24, 2008
Sensex up 23pts; HUL up 3%, ACC down 5.5%
The Sensex opened with a positive gap of 67 points at 16,796. After advacing to a high of 16,844, the index slipped into the red to 16,668 - down 176 points from the day's high.
The Sensex was trading in the red in afternoon trades and finally ended at 16,721 points, 23 points higher.
The market breadth was marginally negative - out of 2,785 stocks traded, 1,266 advanced, 1,464 declined and 55 were unchanged today.
The NSE Nifty settled with a loss of 23 points at 4,999.
INDEX SHAKERS...
ACC was the biggest loser on the Sensex, down 5.5% to Rs 798. Reliance Communication and Reliance Energy were down 2.89% and 2.73%.
NTPC and Tata Steel declined 2.68% and 2.65% respectively.
Maruti was down 2% after its Q4 results. Cipla, DLF, ITC and ONGC all declined over 1% each.
...AND THE MOVERS
Hindustan Unilever was the biggest gainer, up 3.12% to Rs 249.35. The IT pack was also in demand. Infosys gained 2.86%, Satyam was up 2.06% and Wipro rose 1.46%.
ICICI Bank, L&T, Jaiprakash Associates and Bhel gained over 1%.
Reliance Industries gained 0.14%, while Tata Motors was up 0.54%.
TCS remained unchanged.
MOST ACTIVE COUNTERS
Reliance Petroleum topped the value chart with a turnover of Rs 200.9 crore followed by Reliance Industries (Rs 179.6 crore), Essar Oil (Rs 172.2 crore), Reliance Capital (Rs 133 crore) and Reliance Natural Resources (Rs 126.96 crore).
IFCI led the volume chart with trades of around 1.84 crore shares followed by Indiabulls Securities (1.1 crore), Reliance Natural Resources (1.08 crore), Reliance Petroleum (1.02 crore) and Essar Oil (0.6 crore).
The Sensex was trading in the red in afternoon trades and finally ended at 16,721 points, 23 points higher.
The market breadth was marginally negative - out of 2,785 stocks traded, 1,266 advanced, 1,464 declined and 55 were unchanged today.
The NSE Nifty settled with a loss of 23 points at 4,999.
INDEX SHAKERS...
ACC was the biggest loser on the Sensex, down 5.5% to Rs 798. Reliance Communication and Reliance Energy were down 2.89% and 2.73%.
NTPC and Tata Steel declined 2.68% and 2.65% respectively.
Maruti was down 2% after its Q4 results. Cipla, DLF, ITC and ONGC all declined over 1% each.
...AND THE MOVERS
Hindustan Unilever was the biggest gainer, up 3.12% to Rs 249.35. The IT pack was also in demand. Infosys gained 2.86%, Satyam was up 2.06% and Wipro rose 1.46%.
ICICI Bank, L&T, Jaiprakash Associates and Bhel gained over 1%.
Reliance Industries gained 0.14%, while Tata Motors was up 0.54%.
TCS remained unchanged.
MOST ACTIVE COUNTERS
Reliance Petroleum topped the value chart with a turnover of Rs 200.9 crore followed by Reliance Industries (Rs 179.6 crore), Essar Oil (Rs 172.2 crore), Reliance Capital (Rs 133 crore) and Reliance Natural Resources (Rs 126.96 crore).
IFCI led the volume chart with trades of around 1.84 crore shares followed by Indiabulls Securities (1.1 crore), Reliance Natural Resources (1.08 crore), Reliance Petroleum (1.02 crore) and Essar Oil (0.6 crore).
Tuesday, April 22, 2008
Sensex ends up 45pts; TCS slumps 11%
The Sensex opened 52 points lower at 16,687, and soon slipped to a low of 16,598. Fresh buying in capital goods stocks helped the index rebound into the positive zone.
The index touched a high of 16,854 - up 256 points from the day's low. The Sensex finally ended with a gain of 45 points at 16,784.
The market breadth was positive - out of 2,758 stocks traded, 1,569 advanced, 1,127 declined and 62 were unchanged today.
The NSE Nifty moved up 12 points to close at 5,049.
INDEX MOVERS...
BHEL and Jaiprakash Associates soared 5.5% each to Rs 1,872 and Rs 246, respectively.
HDFC surged 3.7% to Rs 2,577, and DLF rallied 3.5% to Rs 674.
HDFC Bank advanced 3% to Rs 1,488, and Larsen & Toubro added 2.6% to Rs 2,921.
ACC, ONGC and Cipla gained 2.3% each at Rs 819, Rs 1,054 and Rs 231, respectively.
ICICI Bank and ITC moved up over 2% each to Rs 882 and Rs 213, respectively.
Tata Motors gained 1.4% at Rs 631. Ambuja Cements was up over 1% at Rs 115.
...AND THE LAGGARDS
TCS slumped 10.6% to Rs 887. Wipro and Satyam plunged 5% each to Rs 431 and Rs 436, respectively. Infosys shed 2.8% at Rs 1,599.
Ranbaxy slipped 2.4% to Rs 487. Grasim, Maruti and Mahindra & Mahindra dropped over 1.5% each to Rs 2,600, Rs 754 and Rs 629, respectively.
Reliance and Reliance Communications were down over 1% each to Rs 2,607 and Rs 553, respectively.
VALUE & VOLUME TOPPERS
Orchid Chemicals topped the value chart with a turnover of Rs 355.30 crore followed by Reliance Natural Resources (Rs 314 crore), Reliance (Rs 220.70 crore), debutant Kiri Dyes (Rs 212.70 crore) and IFCI (Rs 193.50 crore).
IFCI led the volume chart with trades of around 3.45 crore shares followed by Ispat Industries (3.30 crore), Reliance Natural Resources (2.72 crore), Tata Teleservices (1.44 crore) and Orchid Chemicals (1.40 crore).
The index touched a high of 16,854 - up 256 points from the day's low. The Sensex finally ended with a gain of 45 points at 16,784.
The market breadth was positive - out of 2,758 stocks traded, 1,569 advanced, 1,127 declined and 62 were unchanged today.
The NSE Nifty moved up 12 points to close at 5,049.
INDEX MOVERS...
BHEL and Jaiprakash Associates soared 5.5% each to Rs 1,872 and Rs 246, respectively.
HDFC surged 3.7% to Rs 2,577, and DLF rallied 3.5% to Rs 674.
HDFC Bank advanced 3% to Rs 1,488, and Larsen & Toubro added 2.6% to Rs 2,921.
ACC, ONGC and Cipla gained 2.3% each at Rs 819, Rs 1,054 and Rs 231, respectively.
ICICI Bank and ITC moved up over 2% each to Rs 882 and Rs 213, respectively.
Tata Motors gained 1.4% at Rs 631. Ambuja Cements was up over 1% at Rs 115.
...AND THE LAGGARDS
TCS slumped 10.6% to Rs 887. Wipro and Satyam plunged 5% each to Rs 431 and Rs 436, respectively. Infosys shed 2.8% at Rs 1,599.
Ranbaxy slipped 2.4% to Rs 487. Grasim, Maruti and Mahindra & Mahindra dropped over 1.5% each to Rs 2,600, Rs 754 and Rs 629, respectively.
Reliance and Reliance Communications were down over 1% each to Rs 2,607 and Rs 553, respectively.
VALUE & VOLUME TOPPERS
Orchid Chemicals topped the value chart with a turnover of Rs 355.30 crore followed by Reliance Natural Resources (Rs 314 crore), Reliance (Rs 220.70 crore), debutant Kiri Dyes (Rs 212.70 crore) and IFCI (Rs 193.50 crore).
IFCI led the volume chart with trades of around 3.45 crore shares followed by Ispat Industries (3.30 crore), Reliance Natural Resources (2.72 crore), Tata Teleservices (1.44 crore) and Orchid Chemicals (1.40 crore).
Monday, April 21, 2008
Sensex ends up 258pts; Tata Steel soars 9%, JP Associates surges 7%...
The Sensex opened with a positive gap of 130 points at 16,611. The index moved in a narrow range of 169 points - low of 16,611, and a high of 16,779.
The Sensex finally ended with a gain of 258 points at 16,739.
The market breadth was extremely positive - out of 2,772 stocks traded, 2,050 advanced, 674 declined and the rest were unchanged today.
The NSE Nifty gained 79 points to close at 5,037.
INDEX MOVERS...
Tata Steel soared 8.6% to Rs 777. Jaiprakash Associates surged 7.3% to Rs 233.
Reliance Communications rallied 5.5% to Rs 559. Ranbaxy and Bharti Airtel moved up nearly 4% each to Rs 499 and Rs 854, respectively.
HDFC Bank, SBI and ICICI Bank advanced 3.5% each to Rs 1,445, Rs 1,741 and Rs 864, respectively.
Hindalco and Grasim gained 3% each at Rs 192 and Rs 2,644, respectively.
NTPC and Larsen & Toubro added 2.5% each to Rs 194 and Rs 2,845, respectively.
Cipla gained 1.7% at Rs 226. Hindustan Unilever and ONGC were up 1.5% each at Rs 236 and Rs 1,031, respectively.
...AND THE LAGGARDS
Satyam slipped over 2% to Rs 459. Infosys and Wipro declined over 1% each to Rs 1,645 and Rs 454, respectively.
VALUE & VOLUME TOPPERS
Debutant Titagarh Wagons topped the value chart with a turnover of Rs 367 crore followed by Orchid Chemicals (Rs 289.50 crore), Reliance (Rs 172.80 crore), Essar Oil (Rs 134 crore) and Reliance Capital (Rs 128.35 crore).
Ispat Industries led the volume chart with trades of around 1.85 crore shares followed by Sita Shree Foods (1.33 crore), Orchid Chemicals (1.14 crore), Centurion Bank of Punjab (1.10 crore) and Tata Teleservices (1.08 crore).
The Sensex finally ended with a gain of 258 points at 16,739.
The market breadth was extremely positive - out of 2,772 stocks traded, 2,050 advanced, 674 declined and the rest were unchanged today.
The NSE Nifty gained 79 points to close at 5,037.
INDEX MOVERS...
Tata Steel soared 8.6% to Rs 777. Jaiprakash Associates surged 7.3% to Rs 233.
Reliance Communications rallied 5.5% to Rs 559. Ranbaxy and Bharti Airtel moved up nearly 4% each to Rs 499 and Rs 854, respectively.
HDFC Bank, SBI and ICICI Bank advanced 3.5% each to Rs 1,445, Rs 1,741 and Rs 864, respectively.
Hindalco and Grasim gained 3% each at Rs 192 and Rs 2,644, respectively.
NTPC and Larsen & Toubro added 2.5% each to Rs 194 and Rs 2,845, respectively.
Cipla gained 1.7% at Rs 226. Hindustan Unilever and ONGC were up 1.5% each at Rs 236 and Rs 1,031, respectively.
...AND THE LAGGARDS
Satyam slipped over 2% to Rs 459. Infosys and Wipro declined over 1% each to Rs 1,645 and Rs 454, respectively.
VALUE & VOLUME TOPPERS
Debutant Titagarh Wagons topped the value chart with a turnover of Rs 367 crore followed by Orchid Chemicals (Rs 289.50 crore), Reliance (Rs 172.80 crore), Essar Oil (Rs 134 crore) and Reliance Capital (Rs 128.35 crore).
Ispat Industries led the volume chart with trades of around 1.85 crore shares followed by Sita Shree Foods (1.33 crore), Orchid Chemicals (1.14 crore), Centurion Bank of Punjab (1.10 crore) and Tata Teleservices (1.08 crore).
Saturday, April 19, 2008
MAJOR INDEXES CLOSING SNAPSHOT - April 18th...
MARKETS DATA CENTER
from The Wall Street Journal Online
MAJOR INDEXES CLOSING SNAPSHOT
____________________________________
Major US Indexes 4:53 p.m. EDT 04/18/08
Chg % Chg Last
....................................
DJ Industrials*
228.87 1.81 12849.36
DJ Transportation Average*
113.11 2.27 5100.08
DJ Utility Average*
1.82 0.35 515.95
Nasdaq Composite*
61.14 2.61 2402.97
Nasdaq 100*
59.40 3.23 1900.28
S&P 500*
24.77 1.81 1390.33
S&P 400 Mid-Cap*
12.60 1.53 834.70
S&P 600 Small-Cap*
6.58 1.76 380.25
DJ Wilshire 5000*
240.25 1.74 14017.30
NYSE Composite*
136.43 1.49 9310.24
NYSE Financial*
121.77 1.61 7687.46
Russell 2000*
13.07 1.85 721.07
Amex Composite*
23.52 1.00 2365.77
KBW Bank*
1.14 1.42 81.63
PHLX Gold/Silver*
-3.73 -1.94 188.51
PHLX Housing Sector*
1.39 0.96 146.06
PHLX Oil Service*
13.21 4.20 327.97
PHLX Semiconductor*
9.05 2.46 377.33
* at close
Major World Indexes 4:51 p.m. EDT 04/18/08
Chg % Chg Last
....................................
DJ World Index
2.77 0.98 285.85
DJ World exUS
1.04 0.40 258.50
DJ Stoxx 50*
81.85 2.63 3198.43
UK: FTSE 100*
76.10 1.27 6056.50
Germany: DAX*
161.27 2.41 6843.08
DJ Asia-Pacific
-1.61 -1.08 147.72
Japan: Nikkei Average*
78.15 0.58 13476.45
Hong Kong: Hang Seng*
-61.18 -0.25 24197.78
DJ Americas Index
5.78 1.62 361.78
* at close
from The Wall Street Journal Online
MAJOR INDEXES CLOSING SNAPSHOT
____________________________________
Major US Indexes 4:53 p.m. EDT 04/18/08
Chg % Chg Last
....................................
DJ Industrials*
228.87 1.81 12849.36
DJ Transportation Average*
113.11 2.27 5100.08
DJ Utility Average*
1.82 0.35 515.95
Nasdaq Composite*
61.14 2.61 2402.97
Nasdaq 100*
59.40 3.23 1900.28
S&P 500*
24.77 1.81 1390.33
S&P 400 Mid-Cap*
12.60 1.53 834.70
S&P 600 Small-Cap*
6.58 1.76 380.25
DJ Wilshire 5000*
240.25 1.74 14017.30
NYSE Composite*
136.43 1.49 9310.24
NYSE Financial*
121.77 1.61 7687.46
Russell 2000*
13.07 1.85 721.07
Amex Composite*
23.52 1.00 2365.77
KBW Bank*
1.14 1.42 81.63
PHLX Gold/Silver*
-3.73 -1.94 188.51
PHLX Housing Sector*
1.39 0.96 146.06
PHLX Oil Service*
13.21 4.20 327.97
PHLX Semiconductor*
9.05 2.46 377.33
* at close
Major World Indexes 4:51 p.m. EDT 04/18/08
Chg % Chg Last
....................................
DJ World Index
2.77 0.98 285.85
DJ World exUS
1.04 0.40 258.50
DJ Stoxx 50*
81.85 2.63 3198.43
UK: FTSE 100*
76.10 1.27 6056.50
Germany: DAX*
161.27 2.41 6843.08
DJ Asia-Pacific
-1.61 -1.08 147.72
Japan: Nikkei Average*
78.15 0.58 13476.45
Hong Kong: Hang Seng*
-61.18 -0.25 24197.78
DJ Americas Index
5.78 1.62 361.78
* at close
Thursday, April 3, 2008
Sensex may head down to 14k in April: Edelweiss
Abhijit Chakraborthy of Edelweiss feels that broadly Q4 numbers will be disappointing. He expects the Sensex to touch 14,000 levels in April. According to Chakraborthy, hedge funds are on the sideline due to redemption pressures. Some hedge funds have seen a 25-40% fall in NAVs in the recent downfall, he said.
Speaking to CNBC-TV18, Chakraborthy said he expects a guidance of 18-20%, in rupee terms, for Infosys. He is bullish on telecom stocks like Bharti, RComm, which he says will report robust numbers. However, is also sees the possibility of a correction in power stocks. Chakraborthy added that no slowdown in expected in capital and engineering goods and in the infra space.
The Edelweiss view is that broadly the directional correction which was required in the market is largely over. However, in the short-term, the market is not going to see any significant short-term recovery. It’s going to sort of consolidate and react to the short-term news events panning both, domestic as well as international markets.
Speaking to CNBC-TV18, Chakraborthy said he expects a guidance of 18-20%, in rupee terms, for Infosys. He is bullish on telecom stocks like Bharti, RComm, which he says will report robust numbers. However, is also sees the possibility of a correction in power stocks. Chakraborthy added that no slowdown in expected in capital and engineering goods and in the infra space.
The Edelweiss view is that broadly the directional correction which was required in the market is largely over. However, in the short-term, the market is not going to see any significant short-term recovery. It’s going to sort of consolidate and react to the short-term news events panning both, domestic as well as international markets.
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