Thursday, May 04, 2006

Daily Indian Stock Market Update

Market had a good start and it continued it's upward trend until 01:30, at one point Sensex touched an all time high of 12,482 and then the choppiness started from 01:30 and finally ended the day up 36 points or 0.30% at 12,347. The Banking sector continued it's run today, the BSE Banking Index (BSEBANKEX) was up +1.59% or 89 points to close at 5,716. BSEMidCap & SmallCap ended flat. The index today was primarily driven by RIL which gained 4.31% to close at 1080.


Sensex Day's Range
: 12,264 - 12,482
BSE 100 : 6,418.51 25.78 0.40%
BSE MidCap : 5,930.72 -0.67 -0.01%
BSE SmallCap : 7,516.56 -1.19 -0.02%

Nifty also saw the same trend through out the day and finally ended in green at 3,648 up +14 or +0.39%

Nifty Day's Range
: 3,628 - 3,667
CNX Nifty Junior : 7099 +0.86%
CNX IT : 4414 +0.54%
CNX 100 : 3575+ 0.46%
Bank Nifty : 4935 +1.12%

Top Gainers:

- BPCL 481 +6.14%
- RIL 1080 +4.31%
- HPCL 344 +3.66%
- M&M 665 +3.28%
- TATA Power 576.35 +3.09%

Top Losers:
- Gujrat Ambuja 119 -5.55%
- HINDALCO 224 -2.66%
- Zee Tele 273 -2.14%
- National Alum 314 -2.13%
- L&T 2638 -1.81%


News:

- Sintex to acquire 74 pc stake in Zeppelin
- Global economic imbalances may impact India's fiscal position

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