Wednesday, August 13, 2008
Market 13th August 2008, Polaris gained 4% to INR 102 with volumes of 3,613,130 (up 300%).

 Market in a nutshell

  • Dragged down by weak global cues, markets opened in the red. The indices managed to surface into the positive territory for a brief period during noon but tumbled again with Sensex finally closing at 15,093 (down 119 points) while Nifty ended the day at 4,529 (down 23 points).
  • Nifty August Futures were trading at a premium of around 15-20 points to spot for major part of the session.
  • BSE Bankex declined 2% to 7,271, with Bank of Baroda down 5% to INR 271. BSE Realty Index fell 1% to 5,611, with Housing Development Infrastructure Ltd. down 4% to INR 467.
  • Market breadth was negative with an Advance: Decline Ratio of 3:4. Gujarat Alkali and Tata Chemicals both lost around 6.5% to INR 174 and INR 316 respectively.
  • Cash volumes were at INR 171,285 mn (NSE+BSE) as against a 5 DMA of INR 200,538 mn. F&O volumes were at INR 439,471 mn as against a 5 DMA of INR 500,757 mn.

Eye Catchers

  • Polaris gained 4% to INR 102 with volumes of 3,613,130 (up 300%).

Market News

  • Rupee depreciated to trade at INR 42.67 against the dollar.
  • Nymex crude fell to trade at $113.48/bbl. Base metals were trading on a weak note with lead down 10%.

Indices performance

CURRENT PREV. %CHANGE
S&P CNX NIFTY

       4,529.05

    4,552.25

-0.51%

CNX NIFTY JUNIOR

       7,439.80

    7,513.15

-0.98%

CNX IT

       3,854.85

    3,821.10

0.88%

BANK NIFTY

       6,370.75

    6,490.80

-1.85%

CNX 100

       4,326.15

    4,351.25

-0.58%

S&P CNX DEFTY

       3,676.05

    3,722.35

-1.24%

S&P CNX 500

       3,637.70

    3,656.10

-0.50%

CNX MIDCAP

       5,916.35

    5,935.15

-0.32%

NIFTY MIDCAP 50

       2,237.05

    2,254.60

-0.78%

Top Gainers
Symbol Open High Low Last Price Prev. Close % Change
STER

          589.90

       617.00

         589.90

         613.40

      595.40

        3.02

CIPLA

          224.00

       234.60

         222.00

         231.85

      225.35

        2.88

ABB

          878.25

       906.00

         863.20

         900.30

      878.25

        2.51

ZEEL

          208.95

       217.00

         207.00

         216.15

      211.90

        2.01

CAIRN

          235.90

       243.00

         235.30

         241.15

      237.45

        1.56

Top Losers
Symbol Open High Low Last Price Prev. Close % Change
ICICIBANK

          716.60

       728.40

         704.20

         710.70

      740.65

       (4.04)

HDFCBANK

       1,241.25

    1,250.00

      1,212.30

      1,217.35

   1,265.05

       (3.77)

DLF

          558.00

       563.90

         545.30

         548.25

      567.10

       (3.32)

RELINFRA

       1,080.00

    1,105.00

      1,058.00

      1,066.20

   1,095.85

       (2.71)

HDFC

       2,450.00

    2,470.00

      2,393.20

      2,406.85

   2,466.75

       (2.43)