- Fallout of the US bail package led the indices to open deep in the red. However, a strong rebound was witnessed from lower levels pushing the bourses into the green zone. Markets pared their mid-session gains in the final hour of trade on account of profit booking. After an extremely volatile session, BSE Sensex finally closed at 12,860 (up 265 points), while Nifty ended the day at 3,921 (up 71 points).
- Nifty October futures were trading at a premium of around 20-22 points to spot for the major part of the session but narrowed to around 7-10 points towards the end.
- BSE Bankex Index climbed around 5% to 6,478 with ICICI Bank mounting 8.5% to INR 535. BSE Capital Goods Index rose 3% to 10,581 with BHEL rising 5% to INR 1586.
- Market breadth was positive with an Advance: Decline Ratio of 1.2:1. Ansal Infra rose 13% to INR 87, while Air Deccan was up 10% to INR 60.
- Cash volumes were at INR 199,738 mn (NSE+BSE) as against a 5 DMA of INR 169,079 mn. F&O volumes were at INR 565,496 mn as against a 5 DMA of INR 636,641 mn.
Eye Catchers
- Idea surged 9% to INR 77 with volumes of 11,915,485 (up 150%).
Market News
- Rupee depreciated to trade at INR 47.00 against the dollar.
- Nymex crude fell to trade at $97.7/bbl. Base metals were trading on a weak note with lead down 7%.
Indices performance
| CURRENT | PREV. | %CHANGE | ||||
| S&P CNX NIFTY |
3,921.20 |
3,850.05 |
1.85% |
|||
| CNX NIFTY JUNIOR |
6,043.15 |
5,885.05 |
2.69% |
|||
| CNX IT |
3,107.05 |
3,050.95 |
1.84% |
|||
| BANK NIFTY |
5,803.55 |
5,538.75 |
4.78% |
|||
| CNX 100 |
3,712.15 |
3,640.70 |
1.96% |
|||
| S&P CNX DEFTY |
2,924.45 |
2,835.65 |
3.13% |
|||
| S&P CNX 500 |
3,058.60 |
3,007.90 |
1.69% |
|||
| CNX MIDCAP |
4,890.70 |
4,818.60 |
1.50% |
|||
| NIFTY MIDCAP 50 |
1,792.35 |
1,763.05 |
1.66% |
|||
| Top Gainers | ||||||
| Symbol | Open | High | Low | Last Price | Prev. Close | % Change |
| ICICIBANK |
485.90 |
555.55 |
460.05 |
535.55 |
493.30 |
8.56 |
| UNITECH |
101.00 |
120.00 |
101.00 |
116.80 |
108.55 |
7.60 |
| TCS |
592.00 |
676.70 |
590.00 |
665.60 |
620.00 |
7.35 |
| IDEA |
70.75 |
79.80 |
66.50 |
75.15 |
70.75 |
6.22 |
| BPCL |
334.00 |
363.95 |
334.00 |
360.25 |
341.10 |
5.61 |
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| Top Losers | ||||||
| Symbol | Open | High | Low | Last Price | Prev. Close | % Change |
| SAIL |
130.00 |
133.40 |
110.00 |
127.70 |
134.10 |
(4.77) |
| TATASTEEL |
440.00 |
442.00 |
412.65 |
427.15 |
445.95 |
(4.22) |
| SIEMENS |
417.70 |
417.70 |
370.00 |
399.10 |
415.25 |
(3.89) |
| RANBAXY |
247.10 |
259.40 |
240.30 |
247.10 |
255.40 |
(3.25) |
| TATAMOTORS |
350.00 |
355.70 |
339.30 |
343.90 |
354.60 |
(3.02) |
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