Friday, September 28, 2007

Markets Today

The bulls are in complete charge of the markets taking it to yet another life time high. It was not only a strong day for the markets but a good end to a phenomenal week. The week saw Sensex crosssing the milestone of 17,000 and the Nifty breached the 5,000 mark. Today the Sensex breached 17,300 mark and the Nifty was trading well above 5,000 mark.
The uptrend was powered by metal stocks followed by the banking majors, FMCG and pharma stocks. However trading weak were select oil & gas and IT pivotals followed by select auto stocks. The broader markets were trading inline with the frontline indices with moderate gains.
Sensex was up 140.54 points or 0.82% at 17291.10, and the Nifty up 20.80 points or 0.42% at 5021.35.
About 1502 shares have advanced, 1457 shares declined, and 74 shares are unchanged.
The BSE
Small Cap Index closed at 9,099.93 up 0.6%.
The BSE Midcap Index ended at 7,422.43 up 1.2%.
The BSE FMCG Index closed at 2,161.35 up 2%. Nestle, GlaxoSmith Con, United Spirits, ITC, Dabur India closed in green.
The BSE Metal Index closed at 13,945.39 up 3.3%. Sesa Goa, Tata Steel, Hindalco, JindalStainless were among the gainers.
The BSE Health Care Index was up 1.7% at 3,784.21. Novartis India, Sterling Bio, Biocon, Cipla, Ranbaxy Labs closed higher.
The BSE Capital Goods Index was flat at 14,679.84. Kirloskar Oil, Alstom Projects, Reliance Infra, Kirloskar Bros, Kalpataru Power ended higher.
The BSE Auto Index closed at 5,332.26 up 1.1%. Ashok Leyland, Punj Tractors, Tata Motors, Maruti Udyog, Escorts were among the gainers
The BSE IT Index closed at 4,627.83 down 0.3%. HCL Tech, Tech Mahindra, Infosys, Mphasis ended lower.
The BSE Bankex was up 2.6% at 9,469.26. Bank of India, Yes Bank, Allahabad Bank,
Union Bank, Centurion Bank closed higher.
The BSE Oil and Gas Index closed at 9,561.95 down 0.8%. Essar Oil, HPCL, ONGC, BPCL closed in red.
The NSE cash turnover was at Rs 17567.47 crore and the NSE F&O turnover was at Rs 56998.5 crore. The BSE cash turnover was Rs 7921.43 crore. Total market wide turnover was at Rs 82487.40 crore.
Source:moneycontrol.com

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