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Monday, October 25, 2010

Weekly: Up down and flat...Nifty fails to hold 6100


The splendid response to the Coal India IPO boosted the morale of the bulls; as did a few strong corporate earnings. However, momentum failed to last as key indices saw accelerated selling on Friday. Sentiment was also nervous after two consecutive weeks of losses, which dragged down the indices from 33-month highs. Finally the Sensex and Nifty closed the week flat at 20166 and 6066 respectively.



Sensex intra-week high of 20352 and low of 19870

Nifty intra-week high of 6127 and low of 5966

Sensex top gainers: The top gainers in the Sensex were TCS (up 9.5%), Reliance Ind (up 4%), Ranbaxy Labs (up 3.9%), Cipla (up 3.8%) and Hero Honda (up 3.6%).

Sensex top Losers: The top losers in the Sensex were Wipro (down 5.2%), HDFC (down 4.8%), Tata Steel (down 2.9%), DLF (down 2.8%) and HDFC Bank (down 2.5%).

The BSE IT Index (up 1%): The top gainers in the IT sector were TCS (up 9.5%), Sasken Comm (up 2.2%), Mphasis (up 0.4%), Patni Computer (up 0.4%) and Infosys (up 0.2%).

The top losers were Wipro (down 5.2%), HCL Tech (down 3.4%), Mahindra Satyam (down 3%), OFSS (down 1.6%) and Financial Tech (down 1.2%).

The BSE Consumer Index: The top gainers in the Consumer Durables sector were Samtel Color (up 26.4%), Whirlpool (up 3.1%), Mirc Electronics (up 2.5%).

The top losers were Su-Raj Diamonds (down 2.8%), Blue Star (down 0.9%), Videocon Industries (down 0.6%).

The BSE Healthcare Index (up 2.8%): The top gainers in the Pharma space were Glenmark Pharma (up 5.1%), Aurobindo Pharma (up 5%), Sun Pharma (up 4.9%), Orchid Chem (up 4.6%) and Panacea Biotec (up 4.4%).

The top losers were Wockhardt (down 2.5%), Morepen Labs (down 1.5%), Emami Limited (down 1.4%) and Divi Labs (down 0.2%).

The BSE Banking Index (up 0.5%):The top gainers in the banking space were Canara Bank (up 13.4%), Federal Bank (up 10.6%), Yes Bank (up 6.4%), Andhra Bank (up 6.2%) and Allahabad Bank (up 5.9%).

The top losers were Kotak Mahindra Bank (down 2.8%), Axis Bank (down 2.5%), HDFC Bank (down 2.5%) and Karnataka Bank (down 0.2%).

The BSE Auto Index (down 0.2%): The top gainers were Hindustan Motors (up 4.7%), Hero Honda (up 3.6%), Ashok Leyland (up 1.7%) and Swaraj Mazda (up 0.4%).

The top losers were Eicher Motors (down 3.3%), M&M (down 1.3%), Bajaj Auto (down 1.2%), Maruti Suzuki (down 1%) and Tata Motors (down 0.6%).

The BSE Oil & Gas Index (up 2.7%):The top gainers in the oil & gas space were Essar Oil (up 7.4%), GSPL (up 7.2%), IOC (up 6.5%), Reliance Ind (up 4%) and BPCL (up 3.5%).

The top losers were Gujarat NRE Coke (down 3.6%), Jindal Drilling (down 3.6%), Shiv-Vani Oil (down 3.1%), Cairn India (down 0.9%) and Chennai Petroleum (down 0.5%).

The BSE Capital Goods Index (up 1.1%):The top gainers in the Capital Goods space were Elgi Equipments (up 3.3%), Carborundum Univ (up 3.2%), Crompton Greaves (up 2.6%), Siemens India (up 2.3%) and Greaves Cotton (up 2.2%).

The top losers were Kirloskar Bro (down 5.1%), Alstom Projects (down 4.3%), Esab India (down 3.3%), Jyoti Structures (down 3.1%) and Gammon India (down 2.6%).

The Cement Sector: The top losers in the cement sector were Binani Indus (down 18%), Dalmia Cement (down 3.5%), Birla Corp (down 3.3%), Ultratech Cement (down 2.2%) and Grasim Inds (down 1.9%).

JK Cements gained 2.9% during the week.

The Telecom Sector: The top gainers in the telecom space were Gemini Comm (up 19.1%), Reliance Com (up 1.8%), Idea Cellular (up 1.4%) and MTNL (up 0.2%).

The top losers were Tata Communication (down 3.6%), Shyam Telecom (down 2.6%), TTML (down 2.6%), Himachal Futuristic (down 2.3%) and WWIL (down 1.8%).

The Realty Sector (down 2.2%):The top losers in the were Ansal Props (down 8.2%), Unitech (down 6%), Akruti City (down 4.8%), Parsvnath (down 4.1%) and Anant Raj Indus (down 3.2%).

The Metals sector (down 2.7%):The top losers in the metals sector were JSW Steel (down 4.6%), Jindal Stainless (down 3.9%), Adhunik Metaliks (down 3.9%), Ispat Industries (down 3.2%) and Tata Metaliks (down 2.9%).

The top gainers were Bhushan Steel (up 5.2%), Monnet Ispat (up 4.7%) and Bhuwalka Steel (up 1.9%).