Tuesday, April 29, 2008
Market 28th April 2008

Market in a nutshell

  • Markets opened positive but lost strength and declined slowly as the session progressed. Sensex closed at 17,016 (down 110 points) while Nifty closed at 5,090 (down 22 points).
  • BSE Consumer Durable Index gained 2% to 4,461 with Titan up 6% to INR 1,191. BSE Capital Goods Index shed 1% to 13,755 with Siemens plunging 10% to INR 581.
  • Nifty May Futures were trading at a premium of 5 points to spot for major part of the day, which increased to 10 points during the last half hour.
  • Market breadth was almost neutral with an Advance: Decline Ratio of 0.95:1. Bata surged 11% to INR 185, while LIC Housing Finance advanced 12% to INR 359.
  • Cash volumes were at INR 128,021 mn (NSE) as against a 5 DMA of INR 145,688 mn. F&O volumes were low at INR 254,592 mn as against a 5 DMA of INR 458,354 mn.

Eye Catchers

  • Siemens fell 10% to INR 581 with volumes of 14,094,357 (up 1240%).

Market News

  • Rupee remained stable at INR 40.18 against the greenback.
  • Nymex crude rose to trade at $119 / bbl. Base metals were trading on a mixed note with zinc up 4%.
  • Reliance Energy posted a profit after tax of INR 10.85 bn for the year ended March 2008 as compared to INR 8.02 bn during the year ended March 2007.

Indices Performance

CURRENT PREV. %CHANGE      
S&P CNX NIFTY

5,089.65

5,111.70

-0.43%

      
CNX NIFTY JUNIOR

8,996.55

8,963.80

0.37%

      
CNX IT

4,129.20

4,165.60

-0.87%

      
BANK NIFTY

7,590.05

7,616.30

-0.34%

      
CNX 100

4,911.30

4,926.95

-0.32%

      
S&P CNX DEFTY

4,387.55

4,411.45

-0.54%

      
S&P CNX 500

4,156.90

4,162.55

-0.14%

      
CNX MIDCAP

6,888.25

6,849.45

0.57%

      
NIFTY MIDCAP 50

2,676.30

2,664.10

0.46%

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

1,375.00

1,436.40

1,343.20

1,423.95

1,360.60

4.66
SUNPHARMA

1,360.10

1,454.00

1,360.10

1,447.85

1,391.05

4.08
TATACOMM

497.00

512.00

491.15

507.80

489.50

3.74
STER

849.00

879.95

842.00

857.15

836.30

2.49
HCLTECH

266.00

267.00

259.05

265.40

260.70

1.80
             
Top Losers            
Symbol Open High Low Last Price Prev. Close % Change
SIEMENS

620.00

620.00

542.00

580.90

644.10

(9.81)
CIPLA

227.95

229.30

213.55

214.55

224.20

(4.30)
SUZLON

290.50

292.70

276.60

278.50

289.80

(3.90)
TATASTEEL

813.40

813.40

720.15

778.45

803.75

(3.15)
ICICIBANK

931.80

960.00

890.00

895.85

915.65

(2.16)



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