Market
Commentary
market watch
last close
change
% change
BSE Index
14296.79
-248.45 -1.74
NSE Index
4292.1
-78.1 -1.82
Intense selling in RIL and bank stocks triggered a sell-off in late trade. The BSE Sensex lost 248.45 points at 14,048.34. The S&P CNX Nifty slipped 78.1 points to 4214. The market breadth was weak on the BSE with 1718 shares declining as compared to 912 that advanced. RIL lost 2.88% to Rs 2086. Hindalco Industries settled at Rs 121.40 after starting to trade on an ex-rights basis today. DLF plunged 3.31% to Rs 462.35. Other real estate shares Unitech (down 2.21% to Rs 152.90), Ansal Infrastructures (down 3.66% to Rs 96) and Sobha Developers (down 3.31% to Rs 257) edged lower. However, Akruti City spurted 8.76% to Rs 895.55. Banking shares dropped. HDFC Bank (down 0.44% to Rs 1228) and SBI (down 1.97% to Rs 1304.70) declined. Cement shares slipped. ACC (down 1.34% to Rs 551), Ambuja Cement (down 1.69% to Rs 78.55), UltraTech Cement Co (down 1% to Rs 588.90) and India Cement (down 2.96% to Rs 136) slipped. Tata Steel lost 2.24% to Rs 568.40. IT pivotals declined. Infosys Technologies slipped 0.47% to Rs 1700. Wipro (down 2.67% to Rs 414), Satyam Computer Services (down 0.10% to Rs 404.50) and TCS (down 3.24% to Rs 792) declined. Capital goods heavyweights suffered steep losses. Bhel (down 3.29% to Rs 1626) and L&T (down 2.58% to Rs 2510) slumped. Telecom pivotals were also under pressure. Bharti Airtel fell 0.14% to Rs 803. Reliance Communications fell 2.47% to Rs 387.50. Reliance Infrastructure (down 3.29% to Rs 1626), TCS (down 3.24% to Rs 792) and Tata Motors (down 2.92% to Rs 410.45) edged lower from the Sensex pack. M&M fell 2.76% to Rs 560. Tata Power rose 1.41% to Rs 1025.90. Maruti Suzuki India (up 0.57% to Rs 630) and ITC (up 0.54% to Rs 184.50) edged higher from Sensex pack. Pyramid Saimira Theatre rose 3.85% to Rs 139. Apollo Sindhoori Capital Investments jumped 9.65%. On the Nymex, October 2008 crude rose $1.88 at $118.15 per barrel, yesterday on fears that Tropical Storm Gustav could interrupt oil and natural gas output in the Gulf of Mexico.
Sector Watch
Health Care
Top
Gainers
Top
Losers
Scrip Name
Closing Price
%Change
Dishman Phar
308.10
4.02
CadilaHealth
323.45
3.14
Fortis Healt
74.90
2.60
Apollo Hspt
480.00
1.66
IPCA Labs
580.00
1.47
Information Technology
Top
Gainers
Top
Losers
Scrip Name
Closing Price
%Change
MphasiS
236.85
3.02
Moser Baer
92.70
0.87
Satyam Compu
406.45
0.52
Patni Comput
225.25
0.02
Capital Goods
Top
Gainers
Top
Losers
Scrip Name
Closing Price
%Change
KirlosOilEng
89.00
3.79
Suzlon
208.15
1.64
SKF India
220.50
1.22
Kalpatru Pwr
818.80
0.36
AIA Engineer
1,547.25
0.17
BSE PSU Index
Top
Gainers
Top
Losers
Scrip Name
Closing Price
%Change
Hind Copper
226.00
3.13
PFC
133.75
2.37
BankofBaroda
273.60
1.58
Jammu & Kash
493.35
0.69
Concor
876.65
0.50
Consumer Durables
Top
Gainers
Top
Losers
Scrip Name
Closing Price
%Change
Titan Inds
1,239.20
1.16
AsianStarCo
1,317.00
0.30
Blue Star
411.00
0.09
FMCG Index
Top
Gainers
Top
Losers
Scrip Name
Closing Price
%Change
United Spiri
1,351.85
1.38
Nestle
1,751.75
1.01
ColgatePalmo
418.55
0.56
United Brew
164.80
0.46
GodrejConsum
132.70
0.26
International
Markets
market watch
Last Close
Change
% change
FTSE
Data not available.
NASDAQ
2,513.04
+16.73 +0.67 %
DOW
12,786.64
+19.07 +0.15 %
NIKKEI
17,913.21
-25.91 -0.14 %
HSI
20,651.42
+83.51 +0.41 %
Asian markets: Asian markets were trading mixed. Key benchmark indices in Hong Kong, Singapore, South Korea and Taiwan were down by between 0.52% and 2.29%. However, indices in China and Japan rose 0.34% and 0.12%, respectively.
US markets: US stocks rose on Wednesday as surprisingly strong data on durable goods orders soothed some concerns about the sluggish economy while Fannie Mae and Freddie Mac led a rally in financial shares. The Dow Jones was up 89.64 points, or 0.79%, at 11,502.51. The S&P 500 was up 10.12 points, or 0.80%, at 1,281.63. The Nasdaq was up 20.49 points, or 0.87%, at 2,382.46.
ADR prices
(USD)
Last Close
Change
% change
ICICI BANK
44.58
+0.23 +0.52 %
REDIFF
NA
NA
NA
SILVERLINE
Data not available.
VSNL
19.20
-0.15 -0.78 %
DR REDDYS
17.26
+0.10 +0.58 %
WIPRO
18.32
NA
NA
SATYAM COMP
23.55
-0.38 -1.59 %
INFOSYS
NA
NA
NA
SATYAM
NA
NA
NA
Previous
Commentary
Mid-Session Commentary at 8/28/2008 12:55:22 PM
Pre-Opening Commentary at 8/28/2008 9:12:50 AM
End-Session Commentary at 8/27/2008 5:19:00 PM
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Derivatives Summary
Weekly Snapshot
Top Gainers CMP
% ch
AKRUTI CITY
895.55
8.76
ZEETELEFILMS
358.00
4.30
EDUCOMP SOLU
3,592.15
4.18
BAJAJ FINSER
542.00
4.05
BAJAJ HOLDIN
484.25
3.41
more
Top Losers CMP
% ch
HINDALCO
121.05
-12.60
INDIABULLS
231.45
-7.77
TRIVENI ENG
92.10
-7.48
JAINIRRIGATN
408.00
-6.86
MRPL
60.15
-6.09
more
Volume Toppers CMP
Value
RELINCECAPTL
1,284.55
2,500.54
ZEETELEFILMS
358.00
970.52
AKRUTI CITY
895.55
910.29
RANBAXY LABS
514.00
779.99
EDUCOMP SOLU
3,592.15
584.76
more
FII Investments
Date
Type
Net Invest (Rs.cr)
27/08/2008
Equity
-506.00
27/08/2008
Debt
-45.80
more
