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Sunday, November 07, 2010
Sensex, Nifty dazzle...Rise 4% in the week
It was fireworks on the eve of Diwali as bulls took the indices to a new closing high. For the week, the BSE Sensex and NSE Nifty zoomed over 4% each to close at new all time highs of 20,894 and 6288 respectively. Market players seemed to have digested the rate hike in key interest rates by the RBI. In addition, the latest dose of liquidity injection from the Federal Reserve in an attempt to lift the US economy out of a deep slumber was cheered by world markets. And of course, Coal India's listing turned out to be the icing on the cake for the local bourses.
Sensex intra-week high of 20,917 and low of 20,267
Nifty intra-week high of 6,290 and low of 6,085
Sensex top gainers: The top gainers in the Sensex were ACC (up 10.5%), SBI (up 9%), ICICI Bank (up 8.9%), Ambuja Cements (up 8.3%) and Grasim Inds (up 7.7%).
Sensex top Losers: The top losers in the Sensex were Maruti Suzuki (down 2.8%), Hero Honda (down 1.3%), Cipla (down 0.8%) and NTPC (down 0.3%).
The BSE IT Index (up 3.1%):The top gainers in the IT sector were Patni Computer (up 7.1%), Oracle Financial (up 5.6%), Mahindra Satyam (up 4.8%), Financial Tech (up 4.5%), Wipro (up 4.1%), Infosys (up 3.5%) and TCS (up 1.5%)
The BSE Consumer Index: The top gainers in the Consumer Durables sector were Titan Inds (up 7.6%), Videocon Industries (up 2.8%), Su-Raj Diamonds (up 2.1%), Mirc Electronics (up 1.4%) and Whirlpool Of Ind (up 1.2%).
On the other hand, Samtel Color lost 2.5% during the week.
The BSE Healthcare Index (up 3.1%):The top gainers in the Pharma space were Wockhardt (up 20.9%), Aurobindo Pharma (up 9.7%), Emami Limited (up 8.4%), Sun Pharma (up 6.2%) and Glenmark Pharma (up 4.8%).
The top losers were Marksans Pharma (down 1.3%), Suven Life Science (down 1.2%), Cipla (down 0.8%) and Piramal Healthca (down 0.7%).
The BSE Banking Index (up 6.7%):The top gainers in the banking space were Karnataka Bank (up 9.1%), SBI (up 9%), ICICI Bank (up 8.9%), Indian Overseas Bank (up 7.9%) and Punjab National Bank (up 6.1%).
The BSE Auto Index (up 3.3%):The top gainers in the auto space were Eicher Motors (up 9.3%), Bajaj Auto (up 6.6%), Tata Motors (up 6.5%), M&M (up 6%) and Swaraj Mazda (up 3.8%).
The top losers were Maruti Suzuki In (down 2.8%) and Hero Honda (down 1.3%).
The BSE Oil & Gas Index (up 1.8%):The top gainers in the oil & gas space were Essar Oil (up 7.9%), MRPL (up 7.1%), Chennai Petroleum (up 5%), ONGC (up 4.9%) and GSPL (up 4.9%).
The top losers were IOC (down 0.6%) and HPCL (down 0.6%).
The BSE Capital Goods Index (up 5.4%):The top gainers in the Capital Goods space were L&T (up 7.1%), Aban Offshore (up 5.7%), Bharat Electronics (up 5.7%), Elgi Equipments (up 5.5%) and Alstom Projects (up 5.1%).
The top losers in the Capital Goods were Usha Martin (down 2.2%), Kirloskar Brother (down 1.9%), Alfa Laval India (down 1.7%), Esab India (down 1.3%) and Areva T&D India (down 0.4%).
The Cement Sector: The top gainers in the cement sector were India Cements (up 10.5%), ACC (up 10.5%), Madras Cements (up 9.4%), Shree Cement (up 8.5%) and Grasim Inds (up 7.7%).
The top losers in the cement sector were Jk Cements (down 3%) and Dalmia Cement (down 0.7%).
The Telecom Sector: The top gainers in the telecom space were TTML (up 4%), WWIL (up 3.7%), Tata Communication (up 2.1%), Gemini Comm (up 1.2%) and Reliance Com (up 1.1%).
The top losers in the telecom were Shyam Telecom (down 2.2%) and Idea Cellular (down 0.3%).
The Realty Sector (up 2.3%):The top gainers in the real estate space were HDIL (up 4.4%), Unitech (up 3.9%), Anant Raj Indus (up 2.4%), Sobha Developers (up 2.1%) and Akruti City (up 1.7%).
The top losers were Omaxe (down 2.7%), Ansal Props (down 2.2%), Peninsula Land (down 2%), Mahindra Lifespa (down 1.3%) and Parsvnath (down 0.1%).
The Metals sector (up 4.7%):The top gainers in the metals sector were Ispat Industries (up 6.6%), Bhushan Steel (up 5.7%), Tata Steel (up 5.4%), Jindal Steel (up 3%) and Monnet Ispat (up 3%)
The top losers were Lloyds Metals (down 3.4%), Jindal Stainless (down 2.8%), Sunflag Iron (down 1.3%) and Tata Sponge (down 0.9%).