Monday, July 24, 2006

Bank stocks rally, Sensex up 129 points

Global Markets:
The Asian markets closed mixed today. Hang Seng closed up +0.10%, TSEC closed down -0.94%, Nikkei closed down -0.18% and Sensex closed up +1.28%.
The European market closed up +0.90%.

Indian Market:
With weakness in the global markets, the Sensex opened 44 points lower at 10,042. Continued selling saw the index plunge to a low of 9875 down -211 points from its previous close.
Recovery in Asian markets, coupled with buying in banking and technology shares, saw the index rebound into positive zone by early noon. The index flared up to a high of 10,253 up +378 points from the day's low. The Sensex finally ended with a gain of 129 points at 10,215.



- BSE BANKEX surged up +4.83%, BSE IT moved up by +1.70%, While BSE SmallCap closed down -1.17% and BSE MidCap closed down -0.45%.
- Out of the total 2424 stocks traded 1477 declined, 874 advanced and 73 were unchanged.

Source : BSE India


Sensex Top Gainers:
ICICI BANK L    514.9    30.15    6.22%
WIPRO LTD.    468.5    20.9    4.67%
SATYAM COMP    713.55    26.95    3.93%
STATE BANK OF INDIA    740.7    24.65    3.44%
TCS LTD    1819.95    52.7    2.98%
ONG CORP LTD    1080.35    30.7    2.92%
HDFC BANK LT    729.2    19.9    2.81%

Sensex Top Losers:
CIPLA LTD.    215.85    -4.3    -1.95%
I T C LTD    164.3    -2.9    -1.73%
HINDALCO IN    155.3    -2.15    -1.37%
NTPC LTD    107.6    -1.3    -1.19%
TATA STL    479.1    -4.45    -0.92%
GRASIM INDUSTRIES LTD.    1872.5    -10.7    -0.57%


Sensex Day's Range:
9,875 - 10,252


BSE Key Indices


SENSEX    10215.37    129.46    1.28%
BSE-100    5136.14    53.87    1.06%
BSE-200    1205.52    11.49    0.96%
BSE-500    3800.98    29.21    0.77%
BSEMIDCAP    4012.48    -18.34    -0.45%
BSESMLCAP    4758.26    -56.46    -1.17%
BSE TECk    2498.01    36.62    1.49%
BSE PSU    4654.38    45.83    0.99%
BSE AUTO    4213.18    24.31    0.58%
BSE BANKEX    4388.67    202.2    4.83%
BSE CG    6394.21    24.13    0.38%
BSE CD    2515.33    -19.04    -0.75%
BSE FMCG    1842.83    -7.51    -0.41%
BSE HC    3050.08    -4.7    -0.15%
BSE IT    3808.97    63.71    1.7%
BSE METAL    7540.41    -52.38    -0.69%
BSE OIL&GAS    4888.84    29.17    0.6%


Nifty closed at 2,985 up +40.85 or +1.39%.Bank Nifty surged up +4.86% , CNX IT gained by +2.16% and CNX Nifty Junior moved up +1.6%.


NSE Key Indices
S&P CNX NIFTY    2985.85    1.39%
CNX NIFTY JUNIOR    4916.65    1.60%
CNX IT    3958.95    2.16%
BANK NIFTY    3715.75    4.86%
CNX 100    2858.65    1.42%


Nifty Gainers:
ICICIBANK    514.85    6.21%
ORIENTBANK    161.85    4.59%
PNB    329.8    4.58%
WIPRO    468.95    4.44%
SATYAMCOMP    713.8    3.9%
SBIN    740.65    3.47%
TCS    1818.05    2.86%

Nifty Losers:
NATIONALUM    206.3    -3.33%
SAIL    66.1    -1.86%
SIEMENS    822.2    -1.79%
ITC    164.35    -1.76%
CIPLA    216    -1.73%
HINDALC0    155.35    -1.33%


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