Printable View
July 25, 2006. Markets bounce back.
SENSEX-> 10415.61 (200.24 points, 1.96%).
NIFTY-> 3040.50 (54.65 points, 1.83%).
BSEMIDCAP-> 4095.38 (82.90 points, 2.07%).
BSESMLCAP-> 4854.16 (95.90 points, 2.02%).
BSEBANKEX-> 4569.30 (180.63 points, 4.12%).
CNX MIDCAP100-> 3703.35 (76.95 points).
SENSEX:
Day's high: 10443.05.
Day's low: 10323.77.
Mkts give :thumbsup: to credit policy
The markets had a steady session today digesting the 25 bps hike in repo and reverse repo rate, which was in line with the market expectations. It was the second straight session of gain for the markets and it was once again led by the banking stocks.
The Sensex closed with handsome gains of 200.24 at 10,415.61 and the Nifty gained 54.65 points or 1.83% at 3040.5 in tandem with its Asian peers.
Asian markets closed very strong and the European markets have also opened in the green
Apart from banking there was good upmove in the cement stocks with above street expectations results by Ultratech.
The BSE Small Cap Index closed at 4,854.16, up 96 points.
The BSE Midcap Index ended at 4,095.38, up 83 points.
About 1613 shares have advanced, 734 shares declined, and 76 shares are unchanged.
All the BSE sectoral indices closed in the green. Banking stocks lead the rally followed by cement and capital good stocks.
The BSE Bankex was up 4.12% at 4,569.30. Union Bank, UTI Bank, Oriental Bank, ICICI Bank, HDFC Bank, PNB, Canara Bank and Bank of Baroda were among the gainers.
The BSE Capital Goods Index was up 2.5% at 6,556.44. Gammon India, Lakshmi Machine, Crompton Greave, Bharat Elec and Carborundum closed higher.
The BSE Consumer Durables Index gained 2.34% at 2,574.24. Su-Raj Diamonds, Samtel Color, Titan Industries and BPL were up.
The BSE Metal Index advanced by 2% at 7,691.66. SAIL, Tata Steel, Sterlite Ind, Guj NRE Coke, Hindalco witnessed buying interest.
The BSE Oil and Gas Index rose 2.1% at 4,991.39. MRPL, GAIL, Chennai Petro, IOC, Petronet LNG advanced higher.
The BSE Health Care Index was up by 1.75% at 3,103.43. Cipla, Dr Reddys Labs, Divis Labs, Apollo Hospital and Nicholas Piramal were among the major gainers.
The BSE Auto Index added 1.5% at 4,275.37. Ashok Leyland, Escorts, Cummins, Tube Investment and Tata Motors closed in positive terrain.
The BSE IT Index was up by 0.8% at 3,837.97 moved up. Satyam, Mphasis BFL, TCS and Infosys jumped
The BSE FMCG Index was up 0.7% at 1,856.48. P&G, HLL, Shaw Wallace, Colgate and Dabur India closed in green.
The NSE cash turnover was at Rs 5421.16 crore and the NSE F&O turnover was at Rs 27418.75 crore. The BSE cash turnover was Rs 2607.46 crore. Total market wide turnover was at Rs 35447.37 crore.
The following changes were made in credit policy
:arrow: RBI hikes Reverse Repo Rate By 25 bps to 6%
:arrow: RBI hikes Repo Rate By 25 bps to 7%
:arrow: RBI keeps Bank Rate unchanged to 6%
:arrow: RBI keeps CRR unchanged at 5%
:arrow: Among the other markets; Wall Street stocks rallied; Dow gained 183 points.
It is all looking smart in Asia also.
:arrow: Nikkei was up nearly 2%
:arrow: Kospi was up nearly 2%
:arrow: Straits Times up 1.1%
:arrow: Hang Seng up 1%
:arrow: Taiwan up about 1%.
In the emerging markets
:arrow: Brazil was up 2%
:arrow: Mexico up 2%
:arrow: Russia up about 1%.
July 26, 2006. All indices end green.
SENSEX-> 10617.27 (201.66 points, 1.94%).
NIFTY-> 3110.15 (69.65 points, 2.29%).
SENSEX:
Day's high: 10648.77.
Day's Low: 10362.61.
July 26, 2006. All indices end green.
SENSEX-> 10617.27 (201.66 points, 1.94%).
NIFTY-> 3110.15 (69.65 points, 2.29%).
SENSEX:
Day's high: 10648.77.
Day's Low: 10362.61.
July 27, 2006. Bulls continue to run.
SENSEX-> 10741.59 (124.32 points, 1.17%).
NIFTY-> 3156.15 ((46.00 points, 1.48%).
SENSEX:
Day's High: 10762.67.
Day's Low: 10589.68.
1st time Sensex gains 100 pts in 4 straight sessions.
It was a big day for the markets as it closed in the positive for the fourth straight session amid volatility. It was the first instance of 4 straight sessions of gain for Sensex ever. On the F&O expiry day the Sensex gained 124 points and Nifty was up 46 points.
About 1422 shares advanced, 934 shares declined, and 78 shares were unchanged.
The corporate results also propelled the markets, in the pharma space, after Ranbaxy Dr Reddy's came out with stellar set of numbers way beyond street expectations. Banking sectors gave some positive surprises with IOB and Syndicate Bank. Maruti Udyog came also out with strong set of numbers.
The Sensex closed with gains of 124 points at 10,741.59 and the Nifty gained 46 points at 3156.
The BSE Small Cap Index closed at 5,029.36, up 61 points.
The BSE Midcap Index ended at 4,228.79, up 47 points.
The rally was seen in indices across sectors. All the BSE sectoral indices closed in the green. Capital goods stocks led the rally followed by consumer durables and auto stocks.
The BSE Capital Goods Index was up 2.8% at 6,876.82. Alstom Projects, BHEL, Bharat Elec and BEML closed higher.
The BSE Consumer Durables Index gained 2.2% at 2,663.67. Titan Industries, BPL, Su-Raj Diamonds and Samtel Color Industries were up.
The BSE Auto Index added 1.9% at 4,448.55. Cummins, MRF, MICO and Tube Investment closed in positive terrain.
The BSE Bankex was up 0.9% at 4,652.32. Bank of India, IOB, Oriental Bank and PNB were among the gainers.
The BSE IT Index was up by 0.8% at 3,951.95 moved up. I-Flex Solution, Wipro, Moser Baer and Mphasis BFL jumped
The BSE Health Care Index was up by 0.6% at 3,183.82. Ipca Labs, Dr Reddys Labs, Sun Pharma and Orchid Chemical were among the major gainers.
The BSE Metal Index advanced by 0.4% at 7,819.00. Welspun Guj, JindalStainless, Hindalco and SAIL witnessed buying interest.
The BSE Oil and Gas Index rose 0.35% at 5,127.85. ONGC, MRPL, Chennai Petro, Petronet LNG advanced higher.
The BSE FMCG Index was flat at 1,907.41. Tata Tea, McDowell, HLL and Britannia closed in green.