Monday, August 13, 2007

Markets Today

It was a good closing for markets but on extremely thin volumes but good breadth. It started with a gap up showed some weakness but pulled up again to end on a high note. The markets have seen been very volatile in the last two weeks but saw a decent session of trade today.
Cues from Asia were mixed and Europe was trading with a gain of around 1% supporting markets at higher level. Other than IT index all the BSE sector indices ended in green. Auto, FMCG and metal index were up over 1.5%.
IT
stocks slipped as rupee is trading strong at 40.58 levels. HUL and Tata Power showed solid surge.
Sensex was up 148.96 points or 1.00% at 15017.21, and the Nifty up 40.30 points or 0.93% at 4373.65.
About 2026 shares have advanced, 907 shares declined, and 64
shares are unchanged.
The broader markets have outperformed the frontline indices. The BSE Midcap Index ended at 6,575.17 up 68 points or 1%.
The BSE Smallcap Index ended at 8,028.28 up 124 points or 1.6%.
The BSE Bankex closed at 7,827.77 up 0.7%. Centurion Bank, Axis Bank, Federal Bank, IOB, Canara Bank moved upwards.
The BSE Capital Goods Index was up 0.4% at 12,815.39. Triveni Engg, ABB, Thermax, Carborundum, BEML, Jyoti Structure closed higher.
The BSE Health Care Index was up 1% at 3,641.14. Orchid Chemical, Cipla, Glenmark, Panacea Biotech, Matrix Lab, Ranbaxy Labs closed higher.
The BSE Auto Index closed at 4,825.93 up 2%. MRF, Exide Industrie, Tata Motors, Maruti Udyog, Mah and Mah, Bajaj Auto advanced.
The BSE Metal Index closed at 11,008.83 up 1%. Jindal Steel, Jindal Saw, Sterlite Ind, Shree Precoated, Tata Steel advanced higher.
The BSE FMCG Index gained 1.5% at 1,932.16. HUL, Tata Tea, Godrej Consumer, Nestle, ITC closed higher.
BSE Oil and Gas Index closed at 7,810.81 up 0.7%. Reliance Natura, BPCL, Reliance Petro, Reliance, Petronet LNG ended in green.
The BSE IT Index closed at 4,765.04 down 0.2%. HCL Tech, Mphasis, Infosys, TCS closed lower.
The NSE cash turnover was at Rs 8245.56 crore and the NSE F&O turnover was at Rs 31627.64 crore. The BSE cash turnover was Rs 3703.52 crore. Total market wide turnover was at Rs 43576.72 crore.
Source: Moneycontrol.com

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