Market in a nutshell
- Markets opened on a positive note and remained in the green during morning trades. However, afternoon trades saw a trend reversal as the broader indices declined till close. Sensex finally closed at 16,276 (down 73 points) while Nifty closed at 4,860 (down 15 points). Select IT stocks bucked the trend and ended positive.
- BSE Bankex suffered the most down 2.5% to 7,755, with SBI shedding 4% to INR 1,473. BSE Realty Index declined 1.5% to 7,226, with Unitech falling 4% to INR 249.
- Nifty May Futures were trading at a discount of 7-10 points to spot for major part of the session, which increased to 15 points during the last hour.
- Market breadth was negative with an Advance: Decline Ratio of 2:5. Bank of Baroda retreated 5% to INR 262, while Aban advanced 5% to INR 4,063.
- Cash volumes were low at INR 115,694 mn (NSE) as against a 5 DMA of INR 133,257 mn. F&O volumes were at INR 499,685 mn as against a 5 DMA of INR 406,539 mn.
Eye Catchers
- Chambal Fertilisers gained 6.5% to INR 76 with volumes of 83,410,568 (up 250%).
- Indian Overseas Bank lost 5% to INR 124 with volumes of 1,319,347 (up 300%),
Market News
- Rupee depreciated to trade at INR 42.92 against the dollar, due to dollar demand amidst rising crude prices.
- Nymex crude was steady at $133.17/ bbl. Base metals were trading on a mixed note, with zinc up 2%.
Indices Performance
| CURRENT | PREV. | %CHANGE | ||||
| S&P CNX NIFTY |
4,859.80 |
4,875.05 |
-0.31% |
|||
| CNX NIFTY JUNIOR |
8,112.50 |
8,244.85 |
-1.61% |
|||
| CNX IT |
4,490.20 |
4,436.10 |
1.22% |
|||
| BANK NIFTY |
6,593.95 |
6,767.45 |
-2.56% |
|||
| CNX 100 |
4,652.15 |
4,675.15 |
-0.49% |
|||
| S&P CNX DEFTY |
3,923.65 |
3,956.90 |
-0.84% |
|||
| S&P CNX 500 |
3,944.20 |
3,962.50 |
-0.46% |
|||
| CNX MIDCAP |
6,522.05 |
6,582.75 |
-0.92% |
|||
| NIFTY MIDCAP 50 |
2,564.10 |
2,594.70 |
-1.18% |
|||
| Top Gainers | ||||||
| Symbol | Open | High | Low | Last Price | Prev. Close | % Change |
| STER |
876.50 |
913.80 |
872.40 |
902.75 |
871.20 |
3.62 |
| SATYAMCOMP |
487.00 |
501.70 |
485.10 |
498.50 |
482.05 |
3.41 |
| CIPLA |
198.00 |
205.90 |
197.85 |
205.15 |
199.20 |
2.99 |
| WIPRO |
482.50 |
497.40 |
478.30 |
490.90 |
478.85 |
2.52 |
| ITC |
206.50 |
215.50 |
206.00 |
209.10 |
205.50 |
1.75 |
| Top Losers | ||||||
| Symbol | Open | High | Low | Last Price | Prev. Close | % Change |
| UNITECH |
265.00 |
267.75 |
244.50 |
248.20 |
259.85 |
(4.48) |
| SBIN |
1,550.00 |
1,574.70 |
1,465.00 |
1,474.40 |
1,537.95 |
(4.13) |
| POWERGRID |
99.80 |
100.90 |
96.20 |
96.65 |
99.65 |
(3.01) |
| CAIRN |
309.00 |
314.80 |
296.20 |
298.50 |
307.30 |
(2.86) |
| SUZLON |
306.85 |
310.50 |
296.10 |
297.30 |
305.05 |
(2.54) |
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