Thursday, May 11, 2006

Indian Stock Market - Evening Update (Thursday)

Daily Indian Stock Market Update

Sensex opened in a good note and quickly added about 40 points and touched an all time high of 12,671, soon after this the markets started loosing grip and stumbled due to selling pressure. After losing about 140 points, it started recovering slowly in the intra-day trading , but could never fall in the green zone.
During the last hour of the trade, there was lot of profit booking seen and Sensex finally closed down -1.4% or 176 points at 12,435.
RPL listed at 100/- , it had good demand and volumes were high, it finally closed up 42% at 85, it touched an high of 105.
Reliance Industries also saw lot of selling today and lost about -5% to close at 1110.


Sensex
Day's Range : 12,397 - 12,671
BSE 100 : 6,464.16 -90.55 -1.38%
BSE MidCap : 6,004.43 -28.87 -0.48%
BSE SmallCap : 7,728.82 -84.02 -1.08%
BSE BankEx : 5,748.70 -60.63 -1.04%

Nifty also had saw a similar trend and closed in red at 3,701 down -53 or -1.42%

Nifty
Day's Range : 3,687 - 3,774
CNX Nifty Junior : 7168 -0.63%
CNX IT : 4430 -0.29%
CNX 100 : 3624 -1.30%
Bank Nifty : 4991 -1.11%


Top Gainers:
HINDALC0 244.1 1.94
VSNL 487.9 1.66
DABUR 164.1 1.45
HDFC 1382 1.41
SCI 168.85 0.75


Top Losers:
RELIANCE 1103.75 -5.65
TATASTEEL 640.6 -4.12
HCLTECH 578 -3.95
IPCL 282.9 -3.91
BPCL 449.05 -3.24

News:
- Wockhardt's Waluj plant approved by US FDA
- ONGC finds gas in Assam, KG basin
- Voltas board okays 1:10 stock split
- Triveni Engg to hive off turbine, gear biz

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