ShareKhan Newsletter Blog

 
 

 

 

Get Updates By Email


 

Preview | Pwd. by FeedBlitz

 

 

 

 

 

 

Sharekhan Post-Market Report dated January 02, 2009

Friday, January 2, 2009

 Sharekhan's daily newsletter Visit us at www.sharekhan.com
 
January 02, 2009
Index Performance
Index

Sensex

Nifty
Open 9,973.06 3,034.60
High 10,070.28 3,079.85
Low 9,863.86 3,021.80
Today's Cls 9,958.22 3,046.75
Prev Cls 9,903.46 3,033.45
Change 54.76 13.30
% Change 0.55 0.44
 

Market Indicators
Top Movers (Group A)
Company Price 
(Rs)
%
chg

Gainers

India Infoline 67.95 19.53
Nagarjuna Construction 84.55 14.10
Hindustan Construction 57.35 10.29
GMDC 50.40 9.92
Jubilant Organosys 130.25 9.32

Losers

NDTV 123.65 -4.88
Zee Enter 138.00 -3.63
Balrampur Chini 49.80 -3.39
Rei Agro 681.85 -3.37
BEL 750.55 -3.06
Market Statistics
- BSE NSE
Advances 1,702 874
Declines 820 336
Unchanged 78 27
Volume(Nos) 45.80cr

87.90cr

 Market Commentary 
Closer to 10K
Extensive buying in heavyweight, consumer durable and realty stocks saw Sensex close on a firm note at 9,958.
The market showed no signs of cooling off and remained extremely bullish on across-the-board buying support all through the day. Spearheaded by robust gains   
in several heavyweights, Sensex commenced firm above 9,950 and soon surpassed 10,000. Maintaining its upward bias the 30-stock index notched up gains as buying in consumer durable, realty and banking stocks lifted the index to an intra-day high of 10,070. Sensex finally signed off at 9,958, up 55 points, while Nifty rose 13 points to close at 3,047.

The market breadth was extremely positive. Of 2,600 stocks traded on BSE, 1,702 stocks advanced, whereas 820 stocks declined. Seventy eight stocks ended unchanged. On sectoral front, BSE CD advanced 2.44% followed by BSE Realty (up 2.07%), BSE Bankex (up 1.60%), BSE Power (up 1.33%) and BSE Oil (up 1.32%). 

Among gainers, Hindalco Industries surged 3.23% at Rs55.95, DLF soared 3.03% at Rs300.60, Reliance Infrastructure advanced 2.96% at Rs630.50, HDFC jumped 2.67% at Rs1544.95, Tata Motors added 2.57% at Rs175.35, Reliance Industries was up 2.41% at Rs1,283.90 and Reliance Communications added 2.02% at Rs250.35. Mahindra & Mahindra, ITC, ICICI Bank , State Bank of India, National Thermal Power Corporation and Bharat Heavy Electricals Ltd also ended with strong gains. However, Satyam Computer Services, Bharti Airtel, Wipro, Tata Power, Infosys Technologies and Hindustan Unilever crept marginally lower.

Over 3.31 crore shares of Unitech changed hands on BSE followed by Reliance Natural Resources (3.02 crore shares), GVK Power & Infrastructure (2.03 crore shares), Suzlon Energy (1.96 crore shares) and Satyam Computer Services (1.51 crore shares).


European Indices at 16:00 IST on 02-01-2009
Index Level Change (pts) Change (%)
FTSE 100 Index 4465.71 31.36 0.71
CAC 40 Index 3263.84 45.87 1.43
DAX Index 4883.59 73.21 1.52
Asian Indices at close on 02-01-2009
Index Level Change (pts) Change (%)
Nikkei 225 8859.56 - -
Hang Seng Index 15042.81 655.33 4.55
Kospi Index 1157.40 32.93 2.93
Straits Times Index 1829.71 68.15 3.87
Jakarta Composite Index 1355.41 14.52 1.08

To know more about our products and services, click here.

"This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report.
The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees ("SHAREKHAN and affiliates") are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. 
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN."

To unsubscribe write to myaccount@sharekhan.com

 

Manage your newsletter subscriptions

posted by Anonymous @ 2:47 AM  

0 Comments:
Post a Comment
<< Home
Latest Post

Sharekhan Post-Market Report dated December 31, 2008...

Sharekhan Post-Market Report dated December 30, 2008 ...

Sharekhan Post-Market Report dated December 26, 2008...

Sharekhan Post-Market Report dated December 24, 2008...

Sharekhan Post-Market Report dated December 23, 2008...

Sharekhan Post-Market Report dated December 23, 2008...

Sharekhan Post-Market Report dated December 22, 2008...

Sharekhan Post-Market Report dated December 19, 2008...

Sharekhan Post-Market Report dated December 18, 2008...

Sharekhan Post-Market Report dated December 17, 2008...

   

ShareKhan Newsletter Blog  

All credit goes to original authors of these articles.