Tuesday, May 16, 2006

Indian Stock Market - Evening Update (Tuesday)

The Global markets were negative when Sensex opened today, it saw some positive action at the early trading minutes and gained about 39 points, Then index tumbled to a low of 11,379 down 499 points at about 11:30 due to heavy profit booking. At this point few stocks took heavy beating.
Tata Steel -9%
Hindalco -6.7%
Reliance Energy -6.4%
L&T -6%
Grasim -6%
NTPC -5.4%
Cipla -5.3%
BHEL -5%
TATA Power -4%
Then slowly the indices started recovering with some buying support,went on to gain about 100 points and finally ended the day up 51 points or 0.44% at 11,873 points. Major gainers were Gujrat Ambuja 7.5%,Hindalco was up 3.15% and RIL was up 2%.BSE Oil&Gas was up 0.65% and BSE Metal was down -0.5%


Sensex
Day's Range : 11,378 - 11,954
BSE 100 : 6,143.04 15.22 0.25%
BSE MidCap : 5,699.66 -76.02 -1.32%
BSE SmallCap : 7,335.92 -133.54 -1.79%
BSE BankEx : 5,415.55 -56.76 -1.04%


Nifty closed at 3,523 up 20 points or 0.58%

Nifty
Day's Range : 3,687 - 3,774
CNX Nifty Junior : 6653 -0.61%
CNX IT : 4308 0.07%
CNX 100 : 3437 0.40%
Bank Nifty : 4685 -0.59%


Top Gainers:
GUJAMBCEM 108.8 7.56%
DABUR 161.2 5.46%
ACC 904.35 4.81%
IPCL 265.2 4.25%
SAIL 88.1 3.65%


Top Losers:
PNB 454.7 -3.3%
ORIENTBANK 232.5 -2.98%
LT 2631.75 -2.75%
TATACHEM 244.85 -2.55%
ABB 2933.3 -2.17%


Technorati Tags: , , , ,, , , , , , ,,,,

No comments: