Thursday, October 2, 2008
Market 1st Oct 2008, BSE IT Index surged 4% and BSE Bankex Index rose around 3.2%

  Market in a nutshell

  • After a firm start, markets slipped in the red in early trades. Alternate bouts of buying and selling were witnessed through the day with BSE Sensex finally closing at 13,055 (up 195 points), while Nifty ended the day at 3,950 (up 29 points).
  • Nifty October futures were trading at a premium of around 10 points to spot for the first part of the session but expanded to around 20 points towards the end of the session.
  • BSE IT Index surged 4% to 3,218 with Satyam rising 7.5% to INR 319 and BSE Bankex Index rose around 3.2% to 6,688 with HDFC Bank climbing 5.5% to INR 1294
  • Market breadth was positive with an Advance: Decline Ratio of 1.5:1. JP Associates rose 7.5% to INR 119, while TVS Motors was up 10% to INR 36.
  • Cash volumes were at INR 151,520 mn (NSE+BSE) as against a 5 DMA of INR 179,133 mn. F&O volumes were at INR 477,338 mn as against a 5 DMA of INR 613,003 mn.

Eye Catchers

  • GE Shipping rose 4% to INR 315 with volumes of 787,230 (up 270%).

Market News

  • Rupee appreciated to trade at INR 46.72 against the dollar.
  • Nymex crude rose to trade at $100.99/bbl. Base metals were trading on a weak note.

  

Indices performance

CURRENT PREV. %CHANGE
S&P CNX NIFTY

       3,950.75

    3,921.20

0.75%

CNX NIFTY JUNIOR

       6,105.70

    6,043.15

1.04%

CNX IT

       3,193.05

    3,107.05

2.77%

BANK NIFTY

       5,982.40

    5,803.55

3.08%

CNX 100

       3,741.60

    3,712.15

0.79%

S&P CNX DEFTY

       2,927.60

    2,924.45

0.11%

S&P CNX 500

       3,082.80

    3,058.60

0.79%

CNX MIDCAP

       4,929.95

    4,890.70

0.80%

NIFTY MIDCAP 50

       1,804.55

    1,792.35

0.68%

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

          305.00

       324.65

         301.00

         318.95

      297.85

        7.08

HCLTECH

          196.50

       209.90

         192.05

         205.80

      194.45

        5.84

HDFCBANK

       1,238.00

    1,305.00

      1,211.40

      1,295.25

   1,229.70

        5.33

GRASIM

       1,700.10

    1,792.30

      1,690.00

      1,767.90

   1,687.80

        4.75

TATAPOWER

          920.00

       958.95

         900.00

         949.35

      907.15

        4.65

 

 

 

 

 

 

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

          127.00

       129.60

         122.60

         123.45

      127.70

       (3.33)

LT

       1,249.90

    1,280.00

      1,152.60

      1,216.10

   2,446.40

       (2.70)

RPL

          144.10

       144.65

         139.65

         140.25

      143.50

       (2.26)

RELIANCE

       1,960.00

    1,963.00

      1,883.45

      1,906.70

   1,949.35

       (2.19)

DLF

          354.95

       364.95

         342.25

         345.30

      352.65

       (2.08)