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Thursday, October 22, 2009
Crude shoots up
Prices rise as crude inventory registers less thane expected buildup
Crude prices ended substantially higher at Nymex on Wednesday, 21 October, 2009. Prices rose as energy department today reported les thane expected buildup in crude inventories for last week. The slipping dollar also aided to crude's rise.
On Wednesday, crude-oil futures for light sweet crude for December delivery closed at $81.37/barrel (higher by $2.25 or 2.8%). Earlier during the day, it rose to a high of $82. Last week, crude ended higher by 9.4%, the biggest weekly gain in two months. In the past two weeks, crude has climbed up by almost 18%.
For the month of September, 2009, crude ended higher by a marginal 0.9%. For the third quarter, crude ended higher by just 1%. Crude prices had rallied 40% and 11.3% in the second and first quarter of 2009 respectively.
Oil prices had reached a high of $147 on 11 July, 2008 but have dropped almost 55.8% since then. Year to date, in 2009, crude prices are higher by 60%.
EIA reported today that crude inventories rose 1.3 million barrels in the week ended 16 October. Market was expecting a buildup figure to the tune of 2.2 million barrels. Imports fell to 8.7 million barrels a day in the latest week. The EIA also reported that petroleum demand remained weak, with demand for gasoline falling to the lowest level in more than five months.
The report also stated that gasoline inventory declined by 2.3 million barrels and the decline was 800,000 barrels for distillates, which include heating oil and diesel.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by almost 0.8%.
Among other energy related products, November motor gasoline rose 6.66 cents, or 3.4%, to $2.0543 a gallon, and November heating oil added 5.8 cents, or 2.8%, to $2.1053 a gallon.
Also on Wednesday, November natural gas ended down 6.1 cents, or 1.2%, to $5.1 per million British thermal units.
Crude prices had ended FY 2008 lower by 54%, the largest yearly loss since trading began at Nymex.
At the MCX, crude oil for November delivery closed higher by Rs 114 (3.1%) at Rs 3,781/barrel. Natural gas for October delivery closed higher by Rs 3 (1.24%) at Rs 243.1/mmbtu.
SBI October 2009 futures at premium
Turnover declines
Nifty October 2009 futures were at 5,068.20, at a premium of 4.60 points as compared to the spot closing of 5,063.60. Turnover in NSE's futures & options (F&O) segment was Rs 67,937 crore, lower than Rs 74,134.92 crore on Tuesday, 20 October 2009.
State Bank of India (SBI) October 2009 futures were at a slight premium at 2,388 compared to the spot closing of 2,384.
DLF October 2009 futures were near spot price at 471 compared to the spot closing of 471.35.
Housing Development & Infrastructure October 2009 futures were at discount at 402.40 compared to the spot closing of 403.65.
In the cash market, the S&P CNX Nifty fell 50.85 points or 0.99% at 5,063.60.
Precious metals end higher
Prices shine as dollar slumps
Precious metal prices rose higher on Wednesday, 21 October, 2009. Prices rose today as the dollar slumped to fresh fourteen month low.
Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies and also vice versa.
On Wednesday, gold for December delivery ended at $1,064.5, higher by $5.9 (0.6%) an ounce on the New York Mercantile Exchange. In the last week gold had registered record highs quite a few times. It reached an all time high of $1071 earlier last week. Last week, gold ended higher by 0.3%. Year to date, gold prices are higher by 20.6%.
Gold ended September, 2009 higher by 5.9%. For the third quarter it ended higher by 8.7%. Before this, for the second quarter, gold ended higher by 0.5%. The metal had gained 4.3% in the first quarter of this year.
On Wednesday, December Comex silver futures ended higher by 27 cents (1.5%) at $17.825 an ounce.
Silver ended 11.8% higher for September, 2009. Year to date, silver has climbed 60.5% this year. For 2008, silver had lost 24%.
In the currency market on Wednesday, the dollar index, which calculates the strength of the dollar against a basket of six other currencies fell by almost 0.8%.
In 2008, gold prices ended higher by 5.5%. The dollar index had gained 12% that year.
At the MCX, gold prices for December delivery closed higher by Rs 36 (0.22%) at Rs 15,949 per 10 grams. Prices rose to a high of Rs 15,986 per 10 grams and fell to a low of Rs 15,855 per 10 grams during the day's trading.
At the MCX, silver prices for December delivery closed Rs 229 (0.84%) higher at Rs 27,340/Kg. Prices opened at Rs 27,050/kg and rose to a high of Rs 27,390/Kg during the day's trading.
Wednesday, October 21, 2009
BSE Bulk Deals to Watch - Oct 21 2009
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
21/10/2009 513349 AJMERA OPG SECURITIES P LTD B 249006 271.03
21/10/2009 513349 AJMERA OPG SECURITIES P LTD S 249006 271.54
21/10/2009 531519 ANKUSH FINST NARESH GUPTA S 35109 4.47
21/10/2009 531519 ANKUSH FINST ANKIT PANKAJ BHAISHAH S 35603 4.15
21/10/2009 530355 ASIAN OILFIE YOGESH SHASHIKUMAR SAVADEKAR B 170736 71.43
21/10/2009 530355 ASIAN OILFIE HITESH SHASHIKANT JHAVERI B 90000 71.85
21/10/2009 500335 BIRLA CORPOR LIFECYCLE INFOTECH PVT LTD B 410466 301.27
21/10/2009 590081 BRAHMANAND ABHIYAN MERCHANT PVT LTD S 100000 8.55
21/10/2009 531682 CAT TECHNOL VINOD AMRATLAL NAAI B 171414 16.56
21/10/2009 533026 CHEMCEL PANDYA YAMINIBEN M B 145001 11.24
21/10/2009 533026 CHEMCEL LAXMAN DHIRUBHAI PARMAR B 135147 11.07
21/10/2009 533026 CHEMCEL SUNIL SEKSARIA HUF S 368060 11.77
21/10/2009 533026 CHEMCEL PANDYA YAMINIBEN M S 145001 11.40
21/10/2009 533026 CHEMCEL LAXMAN DHIRUBHAI PARMAR S 135147 11.39
21/10/2009 533026 CHEMCEL ANITA SUNIL SEKSARIA S 184030 11.22
21/10/2009 532363 COMP-U-LEARN ARCADIA SHARE & STOCK BROKERS PVT. LTD B 71505 31.54
21/10/2009 532363 COMP-U-LEARN ARCADIA SHARE & STOCK BROKERS PVT. LTD S 93315 31.07
21/10/2009 533055 EDSERV SOFT HITESH SHASHIKANT JHAVERI B 147511 245.54
21/10/2009 533055 EDSERV SOFT BP FINTRADE PRIVATE LIMITED B 66024 244.85
21/10/2009 533055 EDSERV SOFT HITESH SHASHIKANT JHAVERI S 147542 244.05
21/10/2009 522074 ELGI EQUIP RAMNISH KAPOOR B 421275 86.54
21/10/2009 532022 FILAT FASH MUKESH DHIRAJLAL MAHETALIA B 57106 24.72
21/10/2009 532022 FILAT FASH PARI STOCK TRADING PVT LTD B 44702 24.83
21/10/2009 532022 FILAT FASH PATHIK DESAI S 49500 24.55
21/10/2009 532022 FILAT FASH MUKESH DHIRAJLAL MAHETALIA S 57106 24.74
21/10/2009 530945 GANGOTRI I&S JAMSHED RUSTOMJI VAKHARIA S 44132 27.85
21/10/2009 508918 GREYCELLS EN PRIME INDIA OPPORTUNITY LTD B 215717 64.69
21/10/2009 508918 GREYCELLS EN SAJEEV EKOPPARA THOMAS S 213818 64.70
21/10/2009 513337 GUJ.TOOLROOM BLUEBERRY TRADING COMPANY PRIVATE LIMITED B 60600 10.25
21/10/2009 513337 GUJ.TOOLROOM DEVANG JAYANTKUMAR GADOYA S 32300 10.25
21/10/2009 513337 GUJ.TOOLROOM NEVIL MUKESHBHAI PANCHAL S 32700 10.25
21/10/2009 500201 INDIA GLYCOL MANJULA JAYNTILAL JAIN B 142565 137.85
21/10/2009 532326 INTENS TECH PRIME INDIA OPPORTUNITY LTD B 252000 13.90
21/10/2009 532326 INTENS TECH SAJEEV EKOPPARA THOMAS S 252000 13.90
21/10/2009 523467 JAI MATA GLA JMP SECURITIES PVT LTD S 144258 2.77
21/10/2009 532081 K SERA SERA S V ENTERPRISES B 530797 21.74
21/10/2009 511131 KAMAN HSG SETU SECURITIES PVT LTD B 73014 63.40
21/10/2009 511131 KAMAN HSG HITESH SHASHIKANT JHAVERI B 72858 63.39
21/10/2009 511131 KAMAN HSG SETU SECURITIES PVT LTD S 73014 63.39
21/10/2009 530255 KAY POW PAP B.S.KHANDELWAL S 159656 6.61
21/10/2009 532796 LUMAX AUTO ARUNA GODIKA S 58450 55.66
21/10/2009 532907 MAYTAS INFRA HITESH SHASHIKANT JHAVERI B 487063 150.85
21/10/2009 532907 MAYTAS INFRA HITESH SHASHIKANT JHAVERI S 487021 150.85
21/10/2009 526263 MOLDTEK TECH CONQUEST SECURITIES PRIVATE LTD B 18900 88.67
21/10/2009 526263 MOLDTEK TECH MALLINATH MADINENI S 20300 88.99
21/10/2009 532892 MOTILALOFS PASSIONATE INVESTMENT MANAGEMENT PRIVATE LIMITED- (PROMOTER) B 1000000 172.25
21/10/2009 532892 MOTILALOFS MR. MOTILAL OSWAL -(PROMOTER) S 1000000 172.25
21/10/2009 532541 NIIT TECHNO OPG SECURITIES P LTD B 302918 145.40
21/10/2009 532541 NIIT TECHNO OPG SECURITIES P LTD S 302918 145.61
21/10/2009 531496 OMKAR OVERSE KANCHAN VIJAYKUMAR THAKKAR B 26700 74.98
21/10/2009 531496 OMKAR OVERSE AMBIKA SHYAM SHUKLA B 44206 73.15
21/10/2009 531496 OMKAR OVERSE ANJANA RAMESHCHANDRA BIRLA B 32500 74.50
21/10/2009 531496 OMKAR OVERSE ANJANA RAMESHCHANDRA BIRLA S 32500 74.40
21/10/2009 531496 OMKAR OVERSE SUMIT CHAMPALAL AGARWAL S 50000 73.15
21/10/2009 524570 PODDAR PIGME SURYA PRAKASH HEDA S 62800 37.30
21/10/2009 532254 POLARIS LAB OPG SECURITIES P LTD B 718369 169.26
21/10/2009 532254 POLARIS LAB OPG SECURITIES P LTD S 718369 169.38
21/10/2009 532387 PRITISHN COM MANJULA JAYNTILAL JAIN S 83665 36.83
21/10/2009 531273 RADHE DEVELO RAVI VASANTBHAI PAWAR B 1276000 9.29
21/10/2009 531646 RFL INTERNAT SHAILESH RAMAKANT BANDEKAR B 30000 1.10
21/10/2009 531646 RFL INTERNAT VIPUL BHARATBHAI SHAH S 72484 1.10
21/10/2009 533083 RISHABHDEV ARIHANT SEC & INVESTMENT B 111698 19.56
21/10/2009 533083 RISHABHDEV ARIHANT SEC & INVESTMENT S 111698 19.50
21/10/2009 531901 SAARC NET PRAJAWATI SANJAY GANDHI B 415700 2.25
21/10/2009 506172 SAMPADA CHEM SKYLAND SECURITIES PVT LTD S 31400 33.82
21/10/2009 526843 SEAX GLOBAL ANILBHAI RAMBHAI BHARWAD B 82000 60.00
21/10/2009 590047 SUNDARAMMUL PUSHPA RAMESH SHAH B 490237 26.24
21/10/2009 507410 WALCHAND IN OPG SECURITIES P LTD B 243202 236.25
21/10/2009 507410 WALCHAND IN OPG SECURITIES P LTD S 243202 236.29
21/10/2009 590013 XPRO INDIA-PMS DB (INTL) STOCK BROKERS LTD B 68118 34.83
21/10/2009 590013 XPRO INDIA-PMS DB (INTL) STOCK BROKERS LTD S 68118 34.59
NSE Bulk Deals to Watch - Oct 21 2009
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
21-OCT-2009,COREPROTEC,Core Projects and Technol,MANISH VRAJLAL SARVAIYA,BUY,471677,209.05,-
21-OCT-2009,EDSERV,Edserv Softsystems Limite,SETU SECURITIES LTD,BUY,84762,244.12,-
21-OCT-2009,EDSERV,Edserv Softsystems Limite,SVS SECURITIES PVT. LTD.,BUY,67640,245.04,-
21-OCT-2009,HANUNG,Hanung Toys and Textiles,SARIKA GARG,BUY,161031,117.57,-
21-OCT-2009,ICSA,ICSA (India) Limited,FIDELITY INVESTMENT TRUST FIDELITY AGGRESSIVE INTERNAT FUND,BUY,247228,219.73,-
21-OCT-2009,INDIAGLYCO,India Glycols Ltd,MANJULA JAYANTILAL JAIN,BUY,166520,137.11,-
21-OCT-2009,ISPATIND,Ispat Industries Limited,JAYPEE CAPITAL SERVICES LTD.,BUY,11235690,24.13,-
21-OCT-2009,NUTEK,Nu Tek India Limited,SUBRAMANIAN LAXMINARAYANAN,BUY,87999,100.00,-
21-OCT-2009,PNC,Pritish Nandy Comm. Ltd.,TRANSGLOBAL SECURITIES LTD.,BUY,73387,37.19,-
21-OCT-2009,PVR,PVR Limited,RELIANCE CAPITAL TRUSTEE CO LTD A/C-RELIANC EQUITY OPPR FUND,BUY,700000,135.00,-
21-OCT-2009,PVR,PVR Limited,RELIANCE CAPITAL TRUSTEE CO LTD A/C-RELIANC MEDIA & ENT FUND,BUY,150000,135.00,-
21-OCT-2009,XPROINDIA,Xpro India Limited,DB (INTERNATIONAL) STOCK BROKERS LTD.,BUY,105364,34.71,-
21-OCT-2009,COREPROTEC,Core Projects and Technol,MANISH VRAJLAL SARVAIYA,SELL,471677,208.74,-
21-OCT-2009,CRANESSOFT,Cranes Software Internati,SWISS FINANCE CORPORATION (MAURITIUS) LIMITED,SELL,1715779,38.83,-
21-OCT-2009,EDSERV,Edserv Softsystems Limite,SETU SECURITIES LTD,SELL,96786,242.64,-
21-OCT-2009,EDSERV,Edserv Softsystems Limite,SVS SECURITIES PVT. LTD.,SELL,76650,244.82,-
21-OCT-2009,INDIAGLYCO,India Glycols Ltd,MANJULA JAYANTILAL JAIN,SELL,49073,139.16,-
21-OCT-2009,ISPATIND,Ispat Industries Limited,JAYPEE CAPITAL SERVICES LTD.,SELL,11278717,24.11,-
21-OCT-2009,NUTEK,Nu Tek India Limited,BALYASNY SI LIMITED,SELL,140000,100.00,-
21-OCT-2009,PNC,Pritish Nandy Comm. Ltd.,MANJULA JAYANTILAL JAIN,SELL,97091,36.92,-
21-OCT-2009,PNC,Pritish Nandy Comm. Ltd.,TRANSGLOBAL SECURITIES LTD.,SELL,73387,37.20,-
21-OCT-2009,PVR,PVR Limited,T.ROWE PRICE INTERNATIONAL A/C NEW ASIA FUND - FII,SELL,350489,135.29,-
21-OCT-2009,PVR,PVR Limited,T.ROWE PRICE INTERNATIONAL A/C NEW ASIA FUND - GDR,SELL,564700,135.29,-
21-OCT-2009,ROLTA,Rolta India Ltd.,GOLDMAN SACHS INVESTMENTS MAURITIUS I LTD,SELL,1460000,196.59,-
21-OCT-2009,SASKEN,Sasken Commu Techno Ltd,WEXFORD SPECTRUM INVESTORS LLC,SELL,392532,155.36,-
21-OCT-2009,WWIL,Wire and Wireless (India),SARAVANA SECURITIES D.SATHYAMOORTHI,SELL,3000000,20.35,-
21-OCT-2009,XPROINDIA,Xpro India Limited,DB (INTERNATIONAL) STOCK BROKERS LTD.,SELL,105364,34.92,-
Post Session Commentary - Oct 21 2009
Indian market closed on negative note following weak cues from the global market. BSE Sensex falls below 17,000 in late trade but managed hold the level and finally ended below 17,050 level along with NSE Nifty closed below 5,100 level. Negative closing of Asian stocks and the lower trading in European markets hit the sentiments. Besides, weak US index futures also took beating on the bourses. Meanwhile, market slipped sharply during final trading hours backed by huge selling pressure emerged across the board.
The market opened on flat note with negative bias tracking unfavorable cues from the markets all over the world. The US stock market closed lower on Tuesday amid strengthening in dollar and some weak economic data that missed expectations. The better earnings results from Apple, Texas Instruments, Caterpillar, Pfizer and UnitedHealth failed to keep the investors from booking profits. The Housing starts for September came in at an annualized rate of 590,000, which is below the rate of 610,000 units that was widely expected. Further, Indian benchmark indices continued to trade choppy, as the investors were hesitant to take any fresh long positions and were looking to exit stocks at current high levels. Stocks tried to improve during early afternoon trade but the recovery was short lived and market again reported fall. During final trading hours, market slipped piercingly due to huge sell off, as investors were worried on negative trading in European markets. From the sectoral front, most of the selling was seen in Bank, Auto, FMCG, Metal and Pharma stocks. However, IT and Teck stocks were able to gain favour from the market.
Among the Sensex pack 24 stocks ended in red territory and 6 in green territory. The market breadth indicating the overall health of the market remained negative as 1564 stocks closed in red while 1178 stocks closed in green and 93 stocks remained unchanged in BSE.
The BSE Sensex lower by 213.84 points or (1.24%) at 17,009.19 and NSE Nifty ended down by 50.85 points or (0.99%) at 5,063.60. BSE Small Caps closed with gains of 317.52 points at 7,800.39 and BSE Mid Caps closed with losses of 71.49 points at 6,854. The BSE Sensex touched intraday high of 17,248.69 and intraday low of 16,997.86.
Losers from the BSE Sensex pack are Tata Steel (3.96%), JP Associates (3.56%), SBI (3.24%), HDFC (3.07%), Herohonda Motors (2.90%), Tata Motors (2.86%), ITC Ltd (2.71%), Grasim Industries (2.67%), Maruti Suzuki (2.6%), ONGC Ltd (2.17%), HUL (2.16%), M&M Ltd (1.89%), HDFC Bank (1.67%), ICICI Bank (1.62%), ACC Ltd (1.49%) and Sterlite Industries (1.43%).
Gainers from the BSE Sensex pack are TCS Ltd (1.94%), Tata Power (1.57%), Bharti Airtel (1.22%), DLF Ltd (0.77%), Wipro Ltd (0.41%) and NTPC Ltd (0.07%).
Shortly, the Benchmark Prime Lending Rate will be replaced with a base rate. The plan will come into effect once the Reserve Bank of India Working Group''s report on BPLR is executed. Besides, the rate will take in all cost elements, which can be identified and are common across borrowers. The Annual Policy 2009-10 had announced the creation of the group to review the BPLR system and suggest changes to make credit pricing more transparent.
On the global markets front, the Asian markets that opened before the Indian market, ended lower. Shanghai Composite, Hang Seng, Nikkei 225, Singapore''s Straits Times and Seoul Composite ended down by 13.87, 66.85, 3.45, 18.54 and 5.29 points at 3,070.59, 22,318.11, 10,333.39, 2,692.55 and 1,653.86 respectively.
European markets, which opened after the Indian market, are trading down. In Paris the CAC 40 is lower by 35.27 points at 3,836.18, in Frankfurt DAX index is trading down by 45.84 points at 5,765.93 and in London FTSE 100 is lower by 27.53 points at 5,215.87.
The BSE Auto index lost (2.36%) or 157.03 points 6,496.46, as Amtek Auto (6.17%), MRF Ltd (3.34%), Herohonda Motors (2.90%), Tata Motors (2.86%) and Maruti Suzuki (2.60%) ended in red .
The BSE FMCG index closed down by (2.06%) or 57.15 points at 2,715.97. Losers are Dabur India (3.10%), ITC Ltd (2.71%), United Spr (2.29%), HUL (2.16%) and Tata Tea Ltd (1.35%).
The BSE Bank index dropped by (2%) or 210.03 points at 10,309.98. Main losers are Bank of Baroda (4.46%), Yes Bank (3.82%), IDBI Bank (3.38%), Indian Overseas Bank (3.31%), and Bank of India (2.99%).
The Metal index ended down by (1.69%) or 269.44 points at 15,642, as LME, a gauge of six metals traded on the London Metal Exchange, slides 0.96% overnights. Losers are Sesa Goa Ltd (7.91%), Tata Steel (3.96%), Welspan Guajrat SR (2.26%), Steel Authority (2.13%) and Ispat Industries (2.08%).
The BSE Pharma index ended lower by (1.38%) or 61.08 at 4,377.28. Main losers are Divi’s Lab (5.37%), Dishman Pharma (4.82%), Aurobindo Pharma (4.46%), Piramal Health (4.24%) and Lupin Ltd (2.65%).
The BSE Realty index increased by (0.26%) or 12.37 points at 4,741.82 on recent reports that demand for residential projects in major cities is picking up on lower home loan rates. Gainers are Ansal Infra (3.14%), Housing Dev (1.65%), Indiabull Real (0.77%) and DLF Ltd (0.71%).
AREVA T&D India closed lower by 1.78%. The company has signed an EPC" alliance agreement worth approximately Rs.9000 MINR with Maharashtra State Electricity Transmission Co. Ltd (MSETCL), for the turnkey design and construction of 220 kV and 132 kV substations.
HCL Technologies Ltd. ended higher by 3.95%. The company announced today a collaboration with Microsoft to provide a highly cost-effective and user-friendly retail banking solution to help banks in the Asia Pacific (APAC) region.
Tech Mahindra Ltd lost 0.05% despite net profit spurted 56.37% to Rs. 210.64 crore on 4.67% rise in net sales to Rs. 1,109.84 crore in Q2 September 2009 over Q1 June 2009.
Hindustan Construction Company slipped 4.02% despite the company bagged a water supply project worth Rs. 167.67 crore from Gujarat Water Infrastructure, a Gujarat state government undertaking.
Sterlite Technologies Ltd gained 2.06% as the company has emerged as the lowest bidder for the country’s first private power transmission project.
Ajanta Pharma Ltd zoomed 9.99% after the company said its board will meet on 29 Oct’09 to consider buyback of its own equity shares.
Bank of India Ltd slipped 2.99% after the Reserve Bank of India, barred further buying in the state-run bank’s shares by the foreign institutional investors.
Tata Motors lost 2.86%. The company has entered into an understanding with the Andhra Bank for financing its range of commercial vehicles to provide an added facility of finance to its customers.
Down three days in trot
It was a day of red for the global markets and the Indian stock market that had ignored the global cues over the last few weeks fell in line today. The disappointment started with the negative close of the US and European indices on Tuesday. Today ie on Wednesday the Asian indices followed the global trend and declined marginally. The Sensex was no different—it traded in the negative zone and remained range bound for the most part of the day. However, amid heavy selling in automobile, fast moving consumer goods (FMCG) and banking stocks, the Sensex slipped further and closed 1.24% below its yesterday’s closing. All the major Asian indices ended the day with the losses in the range of 0.03-1.06% each, with the Sensex losing the most—214 points or 124 basis points down . In today's trade, European indices (FTSE 100) opened higher, but was trading lower at 5201, down 42 points below its previous closing at the time of writing this report.
The Sensex that had opened at 17230, seven points higher, remained volatile and traded range-bound for the most part of the day. Alike the last few trading sessions, the bellwether lost steam during the closing trades and ended the day 1.24% lower on heavy selling in automobile, FMCG and banking space doubled with weak European opening. The Sensex during the day once breached the 17000 level to hit the low of 16998. However, it managed to close above the important level of 17000 at 17009, though down by 214 points. Nifty declined by 51 points to end the day at 5064 and followed the Singapore Nifty that ended the day losing 34 points. The market breadth was negative, as out of 2,835 stocks traded on the BSE, 1,564 stocks declined, whereas 1,178 stocks advanced. Ninety three stocks ended unchanged.
Among the sectoral indices only BSE Realty, BSE TECk and BSE IT closed in the green with marginal gains. The rest of the sectoral indices closed in red. Among them BSE Auto fell the most by 2.36%, followed by BSE FMCG that was down by 2.06% and BSE Bankex that declined by 2.00%. On the stocks’ front, Hindustan Copper jumped the most and surged by 9.99% to Rs255.50, followed by Jet Airways that rose by 8.04% to Rs434.25. While stocks like HCL Technologies, Marico, Gujarat NRE Coke and Adani Enterprises ended the day with gains of over 3% each. Among the losers, Sesa Goa fell the most by 7.91% to Rs319.45, followed by Balrampur Chini that fell by 7.07% to Rs 132.20, while stocks like Divi's Lab, Alstom Projects, Bank of Baroda, Indian Bank, Renuka Sugar, Piramal Healthcare, Thermax and Hindustan Construction declined by over 4% each.
On the turnover front, Over 1.19 crore shares of Ispat Industries changed hands on the BSE followed by Unitech (1.15 crore shares), GVK Power & Infrastructure (0.75 crore shares), Reliance Natural Resources (0.53 crore shares) and DLF (0.50 crore shares).
Events outcome
Chambal Fertilisers sales slides by 45%
Yes Bank's PAT jumps by 75.6%
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