Tuesday, March 25, 2008
Market 25th March 2008

 Market in a nutshell 

  • Markets witnessed a stellar session, opening on an extremely strong note and sustaining the bullish trend throughout the day. The indices advanced steadily as buying was witnessed across the board. Sensex finally closed at 16,217 (up 928 points) while Nifty closed at 4,878 (up 268 points).
  • BSE Mid-cap Index was up 6% to 6,175, while BSE Small-cap Index advanced 5% to 7,285.
  • BSE Realty Index was the major gainer surging 9.5% to 7,451, with HDIL soaring 14% to INR 581. BSE Bankex rallied 8% to 8,371, with ICICI up 9% to INR 880.
  • Nifty March Futures were trading at a premium of 15 points to spot for major part of the session.
  • Market breadth was extremely strong with an Advance: Decline Ratio of 7:1. Kotak and Essar Oil advanced 13% to INR 627 and INR 212 respectively.
  • Cash volumes were at INR 210,620 mn (NSE+BSE) as against a 5 DMA of INR 191,054 mn. F&O volumes were high at INR 666,276 mn as against a 5 DMA of INR 433,500 mn.

Eye Catchers

  • Axis Bank was up 9% to INR 791 with volumes of 9,477,594 (up 530%).
  • Chambal Fertlisers rallied 15% to INR 50 with volumes of 10,085,739 (up 240%).

Market News

  • Rupee strengthened to trade at INR 40.12 against the greenback, due to strong equity markets.
  • Nymex crude was trading at $ 100.32/bbl. Base metals were trading on a weak note, with zinc down 6%.
  • IVRCL Infrastructures & Projects bagged an order worth INR 788.5 mn from Andhra Pradesh Industrial Infrastructure Corporation for construction of a research complex.

Indices Performance

CURRENT PREV. %CHANGE
S&P CNX NIFTY

           4,877.50

        4,609.85

5.81%
CNX NIFTY JUNIOR

           7,955.00

        7,339.10

8.39%
CNX IT

           3,831.55

        3,563.25

7.53%
BANK NIFTY

           7,147.15

        6,634.60

7.73%
CNX 100

           4,654.45

        4,385.05

6.14%
S&P CNX DEFTY

           4,208.80

        3,960.60

6.27%
S&P CNX 500

           3,879.75

        3,656.45

6.11%
CNX MIDCAP

           6,115.90

        5,761.30

6.15%
NIFTY MIDCAP 50

           2,314.90

        2,176.50

6.36%
Top Gainers
Symbol Open High Low Last Price Prev. Close % Change
DLF

              614.70

           687.00

              610.00

              676.45

          597.85

           13.15
REL

           1,184.00

        1,319.95

           1,184.00

           1,298.50

       1,150.60

           12.85
UNITECH

              260.00

           281.90

              259.05

              279.00

          253.15

           10.21
INFOSYSTCH

           1,401.65

        1,546.90

           1,390.00

           1,492.30

       1,360.45

             9.69
ICICIBANK

              839.85

           892.00

              817.20

              878.85

          802.20

             9.55
Top Losers
Symbol Open High Low Last Price Prev. Close % Change
SUNPHARMA

           1,300.00

        1,310.00

           1,242.20

           1,252.80

       1,280.50

            (2.16)


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