31 Dec 2010 Closing Market Updates

31 Dec 2010 Closing Market Updates  15:30

Market opened with a positive note and reamined lackluster and ended with a positive note even if Europen markets were in negative to make happy ending of the last trading day of 2010.
Nifty ended at 6127.30 with a gain of 25.45 points and Sensex ended at 20482.46 gaining 93.39 points. Volumes were lower as punters must be in party mood.
All BSE Sectoral Indices gained today. Realty gained the most with 2.13% followed by Bankex with 1.25% rise.
In Nifty50 stocks, ADAG stocks picked the fire and gained the most. Rcom was the top gainer with 5.09% rise to end at 145.50 followed by Relinfra with 4.28% rise.
Jindalsteel was the top loser with 1.37% fall which ended at 711.80.
State Bank of india was the most traded stock by traded value and Alok Textile was the turnover topper by traded quantity on NSE.
Advance/Decline ratio was positive to 2.52:1 as 997 stocks gained and 396 stocks declined today on NSE.


Today's Block Deals :


Company Exchange Qty Price Value (Cr) Time
FCS Software NSE 816757 1.65 0.13 15:26:04
Comfort BSE 510000 2.96 0.15 15:24:32
Comfort BSE 500000 2.96 0.15 15:24:21
Sanraa Media BSE 500000 0.21 0.01 15:22:14
Sanraa Media BSE 500000 0.2 0.01 15:20:11
Jubilant Life NSE 568302 279 15.86 15:20:09
Jubilant Life NSE 568278 279 15.85 15:20:03
Ballarpur Ind NSE 500000 39 1.95 15:17:51
Sanraa Media BSE 600000 0.2 0.01 15:16:44
Birla Power SolBSE 747391 1.2 0.09 15:14:11
Birla Power SolNSE 4000100 1.2 0.48 15:13:39
Sanraa Media BSE 3700000 0.2 0.07 15:08:59
Cairn India NSE 200000 332.75 6.66 15:06:57
YES BANK NSE 792141 313 24.79 13:52:57
Great Offshore BSE 141500 390.9 5.53 13:41:24
Great Offshore BSE 141525 390 5.52 13:39:05
Cairn India NSE 200760 332.8 6.68 13:28:17
Den Networks BSE 500000 182 9.1 12:58:12
Dewan Housing NSE 326421 272.5 8.89 12:47:33
Cairn India NSE 200059 334.5 6.69 12:46:32
HDFC Bank NSE 52764 2360 12.45 12:00:27
Sanraa Media BSE 973370 0.2 0.02 11:32:42
KPIT Cummins BSE 389900 139.45 5.44 11:09:04
Opto Circuits NSE 250000 266.5 6.66 10:45:55
YES BANK BSE 500000 312.5 15.63 10:45:44
GlaxoSmith Con NSE 30000 2305 6.92 9:57:09
Surana Ind BSE 175000 308.05 5.39 9:42:01
Assam Company BSE 6825000 20.1 13.72 9:15:12


World Major Indices :


Hang Seng : + 36.11
Nikkei : -115.62
FTSE : - 25.35
CAC : - 39.89
DAX : - 81.28
Dow Future : + 1.00
Nasdaq Future : + 2.00

31 Dec 2010 Daily Recommendations

31 Dec 2010 Morning Market Updates  08:50


Daily Recommendations :


Hold Long Nifty Jan Fut sl 6092

Buy Bankindia Abv 440 sl 436 T 447
Buy Bharatforg Abv 377 sl 373 T 382/385
Buy Pateleng Abv 309 sl 303 T 320
Buy Sintex Abv 182 sl 179 T 185/188
Buy Ultracemco Abv 1076 sl 1067 T 1098
Sell ABB sl 792 T 771
Sell Reliance Bel 1044 sl 1052 T 1036/1028
Sell Wipro Bel 487 sl 491 T 480

Stock in News :
SBI board approves raising Rs 10,000 crore

-SBI says to raise funds via retail bonds by end of next fiscal
Public offers

-Hindustan Copper FPO likely at 72% discount – ET
-Tata Autocomp IPO soon
-C Mahendra Exports IPO opens today; closes on Jan 6; to raise Rs 142.50-165 cr; price band Rs 95-110/share
RBI releases 2nd financial stability report
-RBI says banks' asset quality continues to warrant monitoring
-Inflation continues to rule at elevated levels
-Fiscal position still under pressure
-Stressed liquidity conditions warrant caution
-Growing offshore rupee market constrains policy actions
-Efficacy of interest rate corridor needs to be improved foreign banks' offshore -B/S
-Exposure warrants monitoring proposed cap rules unlikely to stretch banking
-System tests show banks reasonably resilient to macro strains
November infrastructure sector growth 2.3% versus 5.9% (YoY)
-April-November infrastructure sector growth 5% versus 4.5% (YoY)
-DoT has track record of colluding with telcos
-Place DoT’s notices to 2G telcos in public domain
-Corporate wars are symptom & not the cause
-Don’t make telecom policy only about corporates
-Include citizens in telecom policy making
-Rid DoT of lobbyists & wheeler dealers
-TRAI’s independence needs to be strengthened
-Prepared to assist DoT in cleaning the mess
-Sibal has acknowledged Chandrasekhar’s letter
Reliance ADA group drops ADA from master brand - CNBC-TV18 Exclusive
-ADAG Master Brand now only RELIANCE
-New Brand ID rollout this month
-All group services to be under RELIANCE brand
-Individual service name goes out of logo
Sanjay Behl to CNBC-TV18
-'Everything now only RELIANCE'
Sahara India Pariwar acquires Hotel Grosvenor House in London
-Grosvenor Hotel now owned by Aamby Valley
Sahara India says
-Acquisition part of Sahara's expansion plans
-Grosvenor House to be gateway for group's new international business venture
Other stocks and sectors that are in news today:
-Dwarikesh Sugar divests 60% stake in its wholly owned subsidiary Faridpur Sugar
-Cabinet okays NTPC plans to buy power equipment
-Sun Pharma gets tentative US FDA nod for Generic Boniva
-JSW Energy starts commercial operations of second 300 MW unit at Ratnagiri
-Corporation Bank revised Base Rate for lending from 8.25% p.a. to 8.90% p.a. with effect from January 3
-Selan Exploration - Ex bonus 1:10
F&O cues:
Market-wide rollover 75% versus % 80% in last series
Nifty rollover at 61% versus 75% in last series
Strong Rollovers: Engineering (91%) and Telecom (87%)
Weak Rollovers: FMCG (80%) and Textiles (79%)
Nifty Open Int PCR at 1.35 versus 1.32 at start of Dec series
Highest Open Int outstanding at 6000 Put, 5800 put, 5600 put, 5900 put, 6200 call
Nifty 6100 Put adds 13.6 lakh shares in Open Int
Nifty 6000 Put adds 10.4 lakh shares in Open Int
Nifty 6100 Call adds 7.5 lakh shares in Open Int
Nifty 6200 Call adds 4.7 lakh shares in Open Int
Nifty 6400 Call adds 4 lakh shares in Open Int
Nifty 6300 Call adds 3.8 lakh shares in Open Int
FIIs in F&O on Dec 30
FIIs net buy Rs 507 crore in Index Futures
FIIs net sell Rs 542 crore in Index Options
FIIs net buy Rs 247 crore in Stock Futures
January series will start with total future Open Int of Rs 49,142 crore, lowest in the last seven months.
FIIs net buy USD 134 million in the cash market on Dec 29

MFs net sell Rs 233.6 crore in the cash market on Dec 28
As per provisional data of December 30, FIIs were net buyers of Rs 2186 crore in the cash market. FIIs were net buyers of Rs 184 crore in the F&O market. DIIs were net sellers of Rs 848 crore in the cash market.

US Market Updates :
Stocks slipped on profit-taking amid thin volumes Thursday. With one trading day left in the year, all three major U.S. equity indices are on track for double-digit percentage gains for 2010. The Dow Jones Industrial Average shed 14 points, or 0.1%, to finish at 11,571. The S&P 500 lost 2 points, or 0.2%, to close at 1,258, while the Nasdaq Composite settled down by 4 points, or 0.2%, at 2,663.
Volume has been sparse during the final trading week of the year as firms work to close their books for 2010. Thursday's session was no exception with only 507 million shares trading on the New York Stock Exchange and 1.1 billion shares changing hands on the Nasdaq.



Mild profit-taking took hold in Thursday's action as traders locked in gains from December impressive rally. The Dow has appreciated roughly 11% this year with 5.3% of that rise coming this month. The S&P 500 is on pace for a 2010 gain of 13%, while the Nasdaq Composite has risen roughly 18% year-to-date, and both have seen similar surges in December.


Advancing stocks outnumbered decliners as 55% of stocks traded in positive territory and 42% slipped below the flatline. Conglomerates were under the most pressure, while home builders got a lift from a positive read on pending home sales. Within the Dow, American Express(AXP), DuPont(DD) and Pfizer(PFE) were the biggest laggards while, Alcoa(AA), Intel(INTC) and Chevron(CVX) showed the strongest performance. Breadth was negative with 23 of the 30 blue-chip components moving lower.
Thursday did see the release of a fair amount of data for investors to mull over. The Energy Information Administration said crude oil inventories fell by 1.3 million barrels in the week ended Dec. 24, which was a milder than the decline of 3.2 million barrels that analysts polled by Platts had been anticipating. The February crude oil contract lost $1.28 to settle at $89.84 a barrel.
Also the Labor Department said initial jobless claims fell to their lowest level since July 2008, shedding 34,000 to 388,000 in the week ended Dec.25. The drop exceeded Wall Street's expectations for a decline of 4,000, to 416,000, according to Briefing.com.



Disclaimer :



This blog has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.(IFCL),Pune, India and is meant for use by the recipient only as an informative. Nothing on this blog/website is intended or should be construed as investment advice. It is intended to be used for informational purposes only. This document is not to be reported or copied or made available to others without prior permission of (IFCL). It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as an investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. The information contained in this report other than the recommendation(s) has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates and/or its business associates and/or its directors and/or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either (IFCL) and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication. The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives do not take any type of responsibility if reader or recommendation(s) follower will face any losses or liabilities because of our recommendations; market risk will be always there while and whenever concerned parties enter the stock market by any means.It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained. Similarly, iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives will not take any assurity about our given recommendation(s) about its success. Sole discretion will be most recommended for readers and/or subscribers and/or followers and/or information receivers and/or investors and/or traders.

30 Dec 2010 Closing Market Updates

30 Dec 2010 Closing Market Updates  15:30

Market gained on the last expiry of the first decade of the century. Nifty gained 30.35 points to end at 6090.70 and Sensex ended at 20382.58 with a gain of 126.55 points. Jan Nifty Future ended with a premium of 36.3 points at 6127.
Among BSE Sectoral indices, Consumer Durable Sector gained the most by 1.18% and FMCG ; the Oil & Gas Sectors ended in red with 0.11% and 0.04% respectively.
In Nifty50 stocks, Suzlon gained the most by 5.99% and ended at 54.85 whereas HDFCBank was the top loser with 1.45% which ended at 2294.
New listed Punjab & Sindh Bank was the turnover topper by the traded value and traded quantity.
Advance/Decline ratio was positive as 795 stocks gained and 596 stocks declined today on NSE.

Major Global Indices :

Hang Seng : +30.04
Nikkei : -115.62
FTSE : +0.76
CAC : -15.78
DAX : -14.85
Dow Futures : -5.00
Nasdaq Futures : +0.25


We have started commodity segment also.
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29 Dec Closing Market Updates

29 Dec Closing Market Updates

Nifty closed 66.55 points up at 6062.55
Sensex closed 245.28 points up at 20270.70
The Sensex gained further strength touching a high of 20,235.41 as buying is being witnessed across all counters. Consumer durables, banking, FMCG and metals rallied
The 30-share benchmark index, BSE Sensex opened with a gain of 35.46 points or 0.18% at 20,060.88, while the broad based NSE Nifty started with a rise of 9.15 points or 0.15%, at 6,005.15.

Sensex Movers
H D F C Bank contributed rise of 27.86 points in the Sensex. It was followed by Housing Development Finance Corporation (20.65 points), I C I C I Bank (19.53 points), Bharti Airtel (16.25 points) and I T C (14.53 points).
However, Wipro contributed fall of 3.57 points in the Sensex. It was followed by Tata Power Company (1.36 points), Sun Pharmaceutical Industries (1.18 points), ACC (0.59 points) and Reliance Communications (0.46 points).
Biggest gainers in the 30-share index
Hindustan Unilever (3.08%),
Bharti Airtel (2.78%),
H D F C Bank (2.68%),
Sterlite Industries (India) (1.98%),
Housing Development Finance Corporation (1.78%),
Hindalco Industries (1.47%).

Biggest losers in the Sensex.Cipla (1.36%),


Wipro (0.96%),
Tata Power Company (0.50%),
Reliance Communications (0.36%)
Mid & Small-cap Space
The Midcap and Smallcap index rose 0.59% and 1.05% respectively.
Sectors in Limelight
The FMCG index was at 3,643.71, up by 69.29 points or by 1.94%. The major gainers were Hindustan Unilever (3.08%), I T C (1.26%), Colgate-Palmolive (India) (0.82%), Godrej Consumer Products (0.61%) and Marico (0.46%).
The Consumer Durables index was at 6,202.25, up by 82.83 points or by 1.35%. The major gainers were Gitanjali Gems (6.45%), Whirlpool Of India (2.91%), Bajaj Electricals (0.99%), Rajesh Exports (0.83%) and Blue Star (0.44%).
The Metal index was at 17,274.60, up by 214.72 points or by 1.26%. The major gainers were Hindustan Zinc (2.18%), Hindalco Industries (1.47%), Jindal Steel & Power (1.28%), Bhushan Steel (1.03%) and JSW Steel (0.87%).
On the other hand, the Oil & Gas index was at 10,566.20, down by 41.68 points or by 0.39%. The major losers were Petronet LNG (0.24%) and G A I L (India) (0.18%).
Market Breadth
Market breadth was positive with 1,883 advances against 1,018 declines.
Value and Volume Toppers
Gitanjali Gems topped the value chart on the BSE with a turnover of Rs. 567.41 million. It was followed by Ravi Kumar Distilleries (Rs. 549.29 million), Tata Motors (Rs. 489.17 million) and B F Utilities (Rs. 446.61 million).
The volume chart was led by Ravi Kumar Distilleries with trades of over 6.77 million shares. It was followed by Cals Refineries (4.62 million), Ispat Industries (3.19 million) and Suzlon Energy (2.71 million).

29 Dec Morning Market Updates

29 Dec Morning Market Updates
Stocks that are in news today:

SAT sets aside SEBI order against Bhushan group companies
SEBI had fined cos for violation of takeover rules
Case related to acquisition of Orissa Sponge Iron & Steel
SAT allows appeal of Bhushan Group companies
Mindtree says

Expect to merge wireless business with self shortly
MindTree to realize additional operational synergies post merger
Decided to restructure wireless business as design service
Restructuring costs between USD 3.6-3.9 million
Restructuring costs will be added to P&L account for the quarter
IRDA
IRDA gives regulatory nod to 2 insurance JVs
IRDA gives R1 approval to Edelweiss Tokio Marine Life Insurance JV
IRDA gives R1 approval to Religare-Union Bank Health Insurance JV
Other stocks and sectors that are in news today:
M&M faces USD 290 million law suit by Reva ally in New York – DNA
Finance Ministry plans fast track sale of PFC and Rashtriya Ispat Nigam to make up for shortfall in disinvestment target – ET
China’s largest govt owned energy firm CNPC has approached ONGC for alliance to access India’s oil and gas assets – ET
US firm buys 60% stake in Nitin Fire Protection subsidiary for USD 21 million – PTI
Indian Hotels 10% stake in International hotel chain Orient Express Hotels valued at half the price they invested in 2007 – BS
Gitanjali plans to raise USD 100 million by diluting 10% stake, company also announced acquiring 90% stake in Italian firm – BS
ABG Infra Logistics buy back at Rs 244.5/sh, opens on January 31, closes on February 14
Punjab and Sind Bank IPO lists on December 30
Securities in F&O ban: ABG Shipyard, Core Projects, Kingfisher Airlines, Orchid Chemical, Suzlon
Maytas Infra - in JV with Gayati Projects bags a contract worth Rs 1130.6 crore from Nagaland Govt
State Bank of Travancore - approved the augmentation of Rs 500 crore (including premium) of capital through Rights Issue.
Genesys International board meet today to consider fund raising upto Rs 350 crore
Pradeep Metals board meet today to consider issue of securities/warrants to promoters
Sharda Ispat - ex scheme of arrangement
Chartered Logistics board approved bonus of 1:1
F&O cues:

Total Nifty futures up Rs 1287 crore, Options up Rs 884 crore
Stock futures net add 13 lakh shares in Open Int

Nifty Fut Open Int net add 5.8 lakh shares in Open Int in Dec + Jan; Nifty futures prem at 18 pts versus 25 pts
Nifty Open Int PCR up at 1.46 from 1.41
Total Put add 18 lakh shares in Open Int, Call shed 3.8 lakh shares in Open Int
Highest Open Int outstanding at 6100 call, 5900 put, 5800 put for Dec series
Nifty Jan 6000 put add 7.5 lakh shares in Open Int
Nifty Jan 5500 put add 3.6 lakh shares in Open Int
Nifty Jan 6200 call add 2 lakh shares in Open Int
Nifty Dec 6000 call add 3.4 lakh shares in Open Int
FIIs in F&O on Dec 28
FIIs net sell Rs 218.4 crore in Index Futures; Open Int up by 16089 contracts
FIIs net buy Rs 783 crore in Index Options; Open Int up by 36957 contracts
FIIs net sell Rs 375 crore in Stock Futures; Open Int up by 7645 contracts
Market cues:

NSE F&O Open Int was up Rs 2,170 crore at Rs 1.62 lakh crore
FIIs net buy USD 59 million in the cash market on Dec 27

MF net sell Rs 125 crore in the cash market on Dec 24
Nifty rollover at 34%
As per provisional data of December 28, FIIs were net buyers of Rs 109 crore in the cash market. FIIs were net buyers of Rs 181 crore in the F&O market. DIIs were net sellers of Rs 265 crore in the cash market.
US Markets:
In the US markets, some modest buying helped both the Dow and S&P 500 set fractionally improved two-year highs, but the lack of conviction among market participants proved apparent as the major equity averages ultimately finished mixed. Data was not encouraging either.

Dow Jones Industrial Average was up 0.18% or 20.51 points at 11575.54. Nasdaq Composite was down 0.16% or 4.39 points at 2662.88. Standard & Poor's 500 was up 0.08% or 0.97 points at 1258.51.
Economic data did not have any real effect on the mood of market participants, but here is a look at the latest dose from US. The conference board's December consumer confidence index fell to 52.5 from 54.3 in the prior month. The latest tally was also below the 56.1 that had been expected.

Discouraging news from the housing space as well- the Standard & Poor's Case-Shiller price index fell in October from September as home prices continued to fall broadly.
In the currency space- the dollar slipped amidst choppy trade but a surprise decline in US consumer confidence this month however, helped the greenback recover losses against the euro.
In the commodity space- oil prices rose clawing back much of Monday's loss and settling within striking distance of a 24-month high struck in the previous session.
In the base metal space copper prices fell marginally in New York trade after rising to record level on supply concerns.

28th Dec Closing Market Update

28th Dec Closing Market Update

Nifty closed 2.35 points down at 5995.75
Sensex closed 3.94 points up at 20032.87
The Sensex continued to trade in a sluggish manner due to directionless market. Oil & gas, PSU and capital goods declined maginally.
The 30-share benchmark index, BSE Sensex opened with a gain of 27.54 points or 0.14% at 20,056.47, while the broad based NSE Nifty started with a rise of 7.25 points or 0.12%, at 6,005.35.

Sensex Movers
Reliance Industries contributed fall of 19.48 points in the Sensex. It was followed by I C I C I Bank (15.82 points), Tata Motors (11.93 points), Larsen & Toubro (9.08 points) and State Bank Of India (8.35 points).
However, H D F C Bank contributed rise of 13.06 points in the Sensex. It was followed by I T C (7.78 points), Wipro (4.54 points), Housing Development Finance Corporation (4.47 points) and Mahindra & Mahindra (4.13 points).
Biggest gainers in the 30-share index
Reliance Communications (2.96%),
Tata Power Company (1.42%),
H D F C Bank (1.27%),
Wipro (1.23%),
Mahindra & Mahindra (0.97%),
Cipla (0.95%).

Biggest losers in the SensexTata Motors (2.15%),
I C I C I Bank (0.98%),
State Bank Of India (0.85%),
Reliance Industries (0.82%),
Larsen & Toubro (0.68%),
Oil & Natural Gas Corporation (0.62%)
Mid-cap Space
The BSE Midcap index was at 7613.51 down by 0.51 points or by 0.01%. The major losers were Ackruti City (1.85%), A I A Engineering (1.41%), Allahabad Bank (0.81%), Aban Offshore (0.55%) and Allcargo Global Logistics (0.37%).
Sectors in Limelight
The FMCG index was at 3,595.48, up by 21.06 points or by 0.59%. The major gainers were United Breweries (12.61%), United Spirits (2.8%), Marico (0.87%) and I T C (0.68%).
The HC index was at 6,643.67, up by 23.16 points or by 0.35%. The major gainers were Lupin (1.23%), Cipla (0.95%), Glenmark Pharmaceutical (0.47%), Dr Reddy`S Laboratories (0.19%) and Apollo Hospitals Enterprise (0.03%).
The Realty index was at 2,751.79, up by 9.63 points or by 0.35%. The major gainers were Unitech (1.86%), Orbit Corporation (0.72%), Sunteck Realty (0.43%), Housing Development and Infrastructure (0.32%) and D L F (0.05%).
On the other hand, the Oil & Gas index was at 10,527.34, down by 80.54 points or by 0.76%. The major losers were Hindustan Petroleum Corporation (1.38%), Indian Oil Corporation (1.17%), G A I L (India) (1.14%), Bharat Petroleum Corporation (0.56%) and Cairn India (0.18%).
Market Breadth
Market breadth was negative with 1,340 advances against 1,468 declines.
Value and Volume Toppers
B F Utilities topped the value chart on the BSE with a turnover of Rs. 844.29 million. It was followed by Ravi Kumar Distilleries (Rs. 772.08 million), State Bank Of India (Rs. 514.28 million) and Coal India (Rs. 430.87 million).
The volume chart was led by Ravi Kumar Distilleries with trades of over 9.63 million shares. It was followed by Sanraa Media (7.09 million), Cals Refineries (3.95 million) and Praj Industries (2.96 million).

28th Dec Morning Market Updates:

28th Dec Morning Market Updates:
Today's Recommendation
Buy Nifty Fut Abv 6040(close) sl 6000 T 6122/6165

Buy Aptecht Abv 124 sl 122 T 127
Buy Biocon Abv 417 sl 409 T 430 P
Buy Bomdyeing sl 502 T 519
Buy Centurytex Abv 424 sl 413 T 435
Buy DLF Abv 290 sl 285 T 300
Buy Educomp Abv 526 sl 520 T 534
Buy HDFCBank Abv 2234 sl 2210 T 2266/2289 P


Sell Auropharma Bel 1282 sl 1302 T 1264/1242
Sell BEML sl 992 T 954 P
Sell HCLTech Bel 450 sl 453 T 443
Sell ICICIBank Bel 1113 sl 1118 T 1100
Sell IDBI Bel 160 sl 163 T 155

27th Dec Closing Market Updates

27th Dec Closing Market Updates

Nifty Closed 18.60 points down at 5993
Sensex Closed 54.11 down at 20019.55
SHANGHAI (Dow Jones)--China's shares ended lower for the fourth consecutive session Monday, led by heavyweight banks due to concerns the interest rate increase over the weekend and possible further tightening measures could significantly slow lending growth and hurt the real economy.
The benchmark Shanghai Composite Index, which tracks both A and B shares, ended down 1.9% at 2781.40, reversing short-lived gains earlier in the day amid hopes the interest rate hike had removed a source of policy uncertainty that had weighed.
The Sensex is trading marginally down amid volatility. At 3.03 p.m., the Sensex was trading down 4.05 points or 0.02% at 20,069.61 with 16 components falling. Meanwhile, the Nifty was trading lower by 3.55 points or 0.06% at 6,008.05 with 30 components falling.

The 30-share benchmark index, BSE Sensex opened flat with a decline of 11.06 points or 0.06% at 20,062.60, while the broad based NSE Nifty began flat with a gain of 1.70 points or 0.03%, at 6,013.30
Sensex Movers
Sterlite Industries (India) contributed fall of 10.85 points in the Sensex. It was followed by Bharti Airtel (9.77 points), Tata Steel (7.18 points), Reliance Industries (6.22 points) and Reliance Communications (4.07 points).
However, I C I C I Bank contributed rise of 8.72 points in the Sensex. It was followed by Infosys Technologies (6.47 points), Oil & Natural Gas Corporation (4.52 points), Bharat Heavy Electricals (3.28 points) and Sun Pharmaceutical Industries (2.61 points).
Biggest gainers in the 30-share index
Cipla (0.92%),
Tata Power Company (0.83%),
Bharat Heavy Electricals (0.67%),
Bajaj Auto (0.66%),
Oil & Natural Gas Corporation (0.65%),
Wipro (0.63%).

Biggest losers in the Sensex

Reliance Communications (3.17%),
Sterlite Industries (India) (2.79%),
Reliance Energy (1.85%),
Bharti Airtel (1.68%),
Tata Steel (1.34%),
Hindalco Industries (0.81%)
The Midcap index dipped 0.11% and Smallcap index rose 0.27%.
Market Breadth
Market breadth was negative with 1,469 advances against 1,404 declines.
Value and Volume Toppers
B F Utilities topped the value chart on the BSE with a turnover of Rs. 3,539.68 million. It was followed by Ravi Kumar Distilleries (Rs. 3,128.76 million), Jindal Photo (Rs. 630.33 million) and State Bank Of India (Rs. 591.17 million).
The volume chart was led by Ravi Kumar Distilleries with trades of over 38.32 million shares. It was followed by Cals Refineries (25.83 million), Sanraa Media (9.48 million) and Ispat Industries (5.99 million).

27th Dec Morning Market Updates

27th Dec Morning Market Updates:
Stocks that are in news today:

Patni Promoters Offer Bidders Option to Revise Financial Bids
Patni Promoters Likely To Invite Fresh Bids For Stake Sale Today
Patni Promoters Likely To Open Bidding By 26th Dec
Bidding Likely To Close By 27th December
Patni Promoters Open To Price Of Rs 560/ Share (CMP 489)
Patni Promoters Demand Non Compete Fee From Bidders
iGate, Carlyle, Fujitsu Among Bidders
iGate Highest Bidder For Stake So Far
Alert: Patni Promoters, GA Seek To Exit Company
Alert: Patni Family Owns 48.6%, GA Owns 16%
CNBC-TV18 Was First To Report That iGate Is Likely Frontrunner
Oil Secy :: Says

Not The Right Time For Diesel :: Price Deregulation
Current Under-recoveries On :: Diesel Above `5/L
Diesel Deregulation Depends :: On Crude Price Moderation
Kingfisher Airlines 7 Airbus Aircraft Still Grounded
Losses Of Approx $80-100m On Account Of Grounded Aircraft
KF To re-start Grounded Aircraft By FY11-end
Alert: Airbus Aircrafts grounded over dispute with IAE
IAE is engine manufacturer of Airbus Aircraft
Resolved all issues with Engine Manufacturer IAE
KF To Launch $300m GDR In Jan/Feb 2011
GDR To Be Launched Post Conversion OF Debt Into Equity
Conversion & GDR To Happen Together In Jan/Feb 2011
To convert approx Rs 1400 cr of Bank debt into equity
Total debt around Rs 7000 Cr;, Bank Debt At Rs 4500 Cr
Promoters Stake To Go Down From 66% To Mid 40s Post GDR
Orissa CM meets Jairam Ramesh on Vedanta
Orissa CM asks Environ Min To Reconsider Mining Ban
Ban on JSPL's Pending Projects Also discussed
Orissa CM Meets Mines Minister On Vendanta
Orissa CM keen To Push Vedanta's Lanjigarh Project
Alert: Orissa Had Written To MoEF On Forest Land For Lanjigarh Mines
Future trading in sugars to start today after a gap of 19 months
Other stocks and sectors in the news
GMR Infra Arm In Pact To Buy :: 51% In Kakinada SEZ
Jupiter Bioscience: bd approves raising upto $100 m via preferential issue, QIP, FCCB'S, ADR's, GDR's, etc, pref allotment of warrants to the promoter and increase in authorised share capital from Rs. 70 cr to Rs. 150 cr
Securities in FNO ban today: ABG Shipyrad, Core Proj, Kinffisher, Suzlon
Shekhawati Poly-Yarn IPO to open today to raise Rs. 36 cr, comprising of 54.54% of the company’s post issue paid-up capital
Ravi Distelleries to list today; was subscribed 2.12 times ((raised 73.6 cr))
RCF doing due diligence to acquire 25% stake in a rock phosphate Russian fert maker, Acron for $366 m: BS
BF Utilities: board approved FDI investment of Rs 500 cr in NECE (Nandi Economic Corridor Enterprises) via equity and convertible debentures ((mkt talking abt 8% dilution – if this is true – that will mean NECE valuation of Rs 6250 cr Vs co’s m-cap of Rs 3,180 cr))…remember stock up 20% on Friday
DLF pays Rs 145 cr to settle disputes, paving way for strategic investors in Aman Resorts: ET
F&O cues:

Total Nifty Futures up Rs 1024 crore
Total Options up Rs 1422 crore

Stock Futures net add 1.7 cr shares in Open Int
Nifty Fut Open Int net shed 2 lakh shares in Dec + Jan
Nifty Futures prem unchanged at 25 pts
Nifty Open Int PCR up at 1.41 from 1.35
Total Puts add 29.5 lakh shares in Open Int
Total Calls shed 6.8 shares in Open Int
Highest Open Int outstanding at 6100 Call, 5800 & 6000 Put for Dec
Nifty Dec 6000 Put adds 18.4 lakh shares in Open Int
Nifty Jan 6000 Put adds 7.8 lakh shares in Open Int
Nifty Jan 6100 Call adds 5 lakh shares in Open Int
Nifty Dec 6100 Put adds 3.8 lakh shares in Open Int
Nifty Jan 6200 Call adds 3.5 lakh shares in Open Int
Nifty Dec 6000 Call sheds 9.5 lakh shares in Open Int
FIIs in F&O on Dec 24
FIIs net buy Rs 587 crore in Index Futures
Index Futures Open Int down by 10,991 contracts
FIIs net buy Rs 1026.5 crore in Index Options
Index Options Open Int up by 22,273 contracts
FIIs net sell Rs 373 crore in Stock Futures
Stock Futures Open Int up by 5,591 contracts
Market cues:

NSE F&O Open Int was up Rs 2,446 crore at Rs 1.60 lakh crore
FIIs net sell USD 22.18 million in cash market on Dec 23

FIIs net sell USD 308 million in cash market (MTD)
FIIs net buy USD 28.6 billion in cash markets (YTD)
Nifty rollover at 24%
China Rate Hikes
China ups interest rates by 25 bps 5.81%
2nd time in over 2 mths
Consumer prices up most in 28 mths
US markets were shut on Friday for Christmas
As per provisional data of December 24, FIIs were net buyers of Rs 14.8 crore in cash
market. FIIs were net buyers of Rs 1,236 crore in F&O market. DIIs were net sellers of Rs 297 crore in cash market
US Market:
Investors kept an upbeat outlook in light preholiday trade on Thursday as data buttressed views of steady economic growth, with stocks on track for a fourth straight week of gains.

New home sales and prices edged up in November, while consumer sentiment rose in December to its highest level since June, reports showed.
Banking shares lagged as investors booked profits after a month-long rally that has boosted the KBW Bank index by about 15% for December.

The index eased 1% on Thursday, as Bank of America Corp lost 2.5% to USD 13.04 and JPMorgan Chase & Co fell 0.6% to USD 41.90.
With investor optimism running high and the S&P's relative strength index pointing to an overbought condition in the short term, the market could be in for a pullback, but investors weren't too concerned.
Keith Springer, president of Springer Financial Advisors in Sacramento, California, said the market is likely to trade sideways, rather than fall dramatically.
"A sideways move can work off an overbought condition," said Springer. "Just the fact that it slows down and moves sideways is almost a corrective pattern for the stock market."
The Dow Jones industrial average edged down 10.67 points, or 0.09%, at 11,548.82. The Standard & Poor's 500 Index dipped 4.36 points, or 0.35%, to 1,254.48. The Nasdaq Composite Index eased 9.41 points, or 0.35%, to 2,662.07.
The latest American Association of Individual Investors' survey found bullish sentiment rose 13.1 percentage points to 63.3%, as of December 23, a six-year high.
The S&P 500 rose Wednesday to its highest level since the collapse of Lehman Brothers more than two years ago.
Volume was light Thursday as Wall Street prepared for a break on Friday for the Christmas holiday.
Resource shares led the way up as the price of oil rose to a more than two-year high above USD 91 a barrel. Chevron Corp rose 0.6% to USD 90.48.
Retail stocks got a boost as Bed Bath & Beyond Inc rose 5.2% to USD 50.13 after topping profit estimates and forecasting a strong holiday season.
Fabric and crafts retailer Jo-Ann Stores Inc surged 32% to USD 60.22 after it agreed to a buyout by private equity firm Leonard Green & Partners for USD 61 per share.
The Morgan Stanley Retail index gained 0.4%.
Top US memory chip maker Micron Technology Inc weighed on the Nasdaq. Its shares fell 3.7% to USD 7.97 one day after it forecast lower pricing for NAND chips, which are used in smartphones and tablet computers.
Motorola Inc spinoff Motorola Mobility Holdings Inc will replace Meredith Corp in the S&P 500 index after the close on January 3, Standard & Poor's said. Meredith shares dipped 1.2% to USD 35.39.
In other data, jobless claims dipped but indicated that unemployment will stay high, consumer spending rose for a fifth month, and durable goods orders recorded their biggest increase since March

24th Dec Closing Market Updates

24th Dec Closing Market Updates
Nifty closed 34.40 points up at 6014.40
Sensex closed 95.39 points up at 20078.27
The Sensex continues to trade in the green zone. Midcap and smallcap index are also edging higher. Consumer durables, metal and FMCG stocks witnessed buying interest, while auto, PSU and oil & gas saw marginal profit booking.
The 30-share benchmark index, BSE Sensex opened with a decline of 71.42 points or 0.36% at 19,911.46, while the broad based NSE Nifty started with a fall of 39.75 points or 0.66%, at 5,940.25.
Sensex Movers
I T C contributed rise of 20.98 points in the Sensex. It was followed by Larsen & Toubro (11.07 points), H D F C Bank (9.52 points), Sterlite Industries (India) (7.22 points) and Hindalco Industries (7 points).
However, Tata Motors contributed fall of 17.35 points in the Sensex. It was followed by I C I C I Bank (14.71 points), Bharat Heavy Electricals (6.6 points), Grasim Industries (5.37 points) and Oil & Natural Gas Corporation (4.85 points).
Major gainers in the 30-share index were Sterlite Industries (India) (1.97%), Hindalco Industries (1.84%), I T C (1.83%), Reliance Energy (1.35%), Tata Steel (1.16%), and NTPC (1.00%).

On the other hand, Tata Motors (2.99%), Bharat Heavy Electricals (1.32%), I C I C I Bank (0.92%), Maruti Suzuki India (0.76%), Oil & Natural Gas Corporation (0.67%), and Housing Development Finance Corporation (0.32%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The Midcap and Smallcap index rose 0.11% and 0.27% respectively.
Sectors in Limelight
The Consumer Durables index was at 6,120.67, up by 122.30 points or by 2.04%. The major gainers were Titan Industries (4.43%), Videocon Industries (1.61%), Whirlpool Of India (1.08%), Gitanjali Gems (0.3%) and Blue Star (0.1%).
The FMCG index was at 3,581.80, up by 43.58 points or by 1.23%. The major gainers were Godrej Consumer Products (2.7%), United Breweries (1.86%), I T C (1.83%), Hindustan Unilever (0.84%) and United Spirits (0.64%).
The Metal index was at 17,219.87, up by 178.95 points or by 1.05%. The major gainers were Hindalco Industries (1.84%), National Aluminium Company (1.61%), JSW Steel (0.65%), Bhushan Steel (0.5%) and Jindal Steel & Power (0.09%).
On the other hand, the Auto index was at 9,986.21, down by 83.15 points or by 0.83%. The major losers were Tata Motors (2.99%), Ashok Leyland (2.58%), Exide Industries (1.12%), Maruti Suzuki India (0.76%) and Bajaj Auto (0.24%).
Market Breadth
Market breadth was positive with 1,509 advances against 1,309 declines.
Value and Volume Toppers
A2Z Maintenance & Engineering Services topped the value chart on the BSE with a turnover of Rs. 1,519.31 million. It was followed by B F Utilities (Rs. 768.45 million) and State Bank Of India (Rs. 590.50 million).
The volume chart was led by Ispat Industries with trades of over 4.62 million shares. It was followed by A2Z Maintenance & Engineering Services (4.58 million), Birla Shloka Edutech (4.49 million) and Sanraa Media (3.51 million).

23rd Dec Market Closing Updates

23rd Dec Market Closing Updates
Nifty closed 5.25 points down at 5979.15
Sensex closed 27.66 points down at 19988.14
Indian equities were trading flat with negative bias in afternoon trade.

Sensex Movers

However, Infosys Technologies contributed rise of 15.29 points in the Sensex. It was followed by Sun Pharmaceutical Industries (6.95 points), Reliance Industries (5.91 points), H D F C Bank (5.23 points) and Housing Development Finance Corporation (4.77 points).

Major gainers in the 30-share index were NTPC (0.93%), Sterlite Industries (India) (0.81%), Infosys Technologies (0.75%), H D F C Bank (0.51%), Housing Development Finance Corporation (0.42%), and Jindal Steel & Power (0.40%).

On the other hand, Hindalco Industries (1.60%), Tata Motors (1.58%), Tata Steel (1.58%), Bharat Heavy Electricals (1.13%), Hero Honda Motors (1.09%), and D L F (1.03%) were the biggest losers in the Sensex.

Mid-cap Space

The BSE Midcap index was at 7616.45 down by 9.20 points or by 0.12%. The major losers were Alstom Projects India (1.88%), Allcargo Global Logistics (0.56%), Alfa-Laval (India) (0.15%), Ackruti City (0.15%) and Allahabad Bank (0.07%).

Sectors in Limelight

The Consumer Durables index was at 6,011.07, down by 54.45 points or by 0.9%. The major losers were Titan Industries (1.59%), Rajesh Exports (1.1%), Bajaj Electricals (0.9%), Videocon Industries (0.89%) and Blue Star (0.42%).

The Auto index was at 10,065.09, down by 88.27 points or by 0.87%. The major losers were Ashok Leyland (2.81%), Apollo Tyres (2.15%), Amtek Auto (1.6%), Bharat Forge (0.7%) and Bajaj Auto (0.21%).

The Metal index was at 17,067.26, down by 140.75 points or by 0.82%. The major losers were JSW Steel (3.62%), Hindalco Industries (1.6%), Bhushan Steel (1.26%), National Aluminium Company (0.7%) and NMDC (0.47%).

On the other hand, the HC index was at 6,508.99, up by 39.20 points or by 0.61%. The major gainers were Divis Laboratories (1.38%), Dr Reddy`S Laboratories (1%), Glenmark Pharmaceutical (0.69%), Apollo Hospitals Enterprise (0.31%) and Lupin (0.16%).

Market Breadth

Market breadth was negative with 1,318 advances against 1,498 declines.

Value and Volume Toppers

A2Z Maintenance & Engineering Services topped the value chart on the BSE with a turnover of Rs. 5,759.20 million. It was followed by Moil (Rs. 950.51 million), State Bank Of India (Rs. 658.44 million) and Tata Steel (Rs. 545.27 million).

The volume chart was led by A2Z Maintenance & Engineering Services with trades of over 17.13 million shares. It was followed by Ispat Industries (15.57 million), Cals Refineries (12.99 million) and Karuturi Global (7.33 million).

23rd Dec Morning Market Updates

23rd Dec Morning Market Updates:
Stocks that are in news today:

Tata Steel in Focus
Rio Tinto near deal on USD 3.8 billion Riversdale bid
Tata Steel holds 24% stake in company
Indian consortium lead by NMDC also looking to bid for Rivesdale
HCC in focus

Bombay HC to hold final hearing on Lavasa on January 27
MoEF counsel says Lavasa yet to give details on cut hill slopes' stabilisation
Lavasa Vs MoEF
Bombay HC says not inclined to stay MoEF status quo order
Bombay HC directs MoEF to pass order on Lavasa by January 10
Oil India announces Rs 18/share interim dividend for 2010-11
Total dividend payout at Rs 432.82 crore
RBI says
MFIs met bank loan repayment obligations till November
Repayment of loans to MFIs a big concern going forward
Banks for interim measures to tackle microfinance issues
Banks seek concessions for MFIs' loan rescheduling
Banks need to fund MFIs To 'prevent contagion'
JPC - Network18 Exclusive:
FM says govt ready to hold special session of parliament to debate JPC on floor
CNBC-TV18 alert: Govt fears budget session may be disrupted by opposition
Ex-Date
Coromandel International: 2-1 stock split
EID Parry: 2:1 stock split
Surya Pharma: 10:1 stock split
Polyplex Corporation: 1:1 bonus issue
ONGC Videsh to farm out its 100% stake in block BM-S-73 in Brazil
Petrobras to get 43.5%, Ecopetrol 13% in BM-S-73
ONGC Videsh to retain 43.5% in block BM-S-73
ONGC Videsh will remain operator of block BM-S-73
ONGC Videsh to get 43.5% from Petrobras & Ecopetrol in block BM-S-74
Petrobas, Ecopetrol to hold 43.5%, 13% in BM-S-74
Andhra Bank hikes BPLR by 25 bps to 13.25% effective Thursday
Hikes rates on some deposits by 50 bps effective Thursday
PNGRB says - NewsWire18
Have got RIL clarification on Kakinada pipeline delay
CNBC-TV18 alert: PNGRB: Petroleum & Natural Gas Regulatory Board
PNGRB says:
RIL wants to wait for more gas for new pipelines
To review RIL pipeline authorisation in project held
Other stocks and sectors that are in news today:
A2Z listing today
PTC India files DRHP with SEBI for financial arm IPO
India Infoline board meet today to consider buy back
Godrej Properties - release of 4.65 crore locked in shares
Uniphos Enterprises board meet to consider fund raising via rights issue
Shakti MetDor shares delisted on 22nd December, company will acquire outstanding shares at Rs 200/share
Supreme Holding board meet today to consider a Scheme of Arrangement between Jatia Hotels & Resorts Private Limited, Royalways Trading & Investment Services Private Limited and Supreme Holdings Ltd
ABG Infra board approves buyback at Rs 244.5/share
Nitin Fire board approves amalgamation of 100% subsidiary Company i.e. Logicon Building Systems Private Limited and Alert Fire Protection Systems P Ltd with self
F&O cues:

Total Nifty Futures' open interest was up by Rs 1626 crore
Total Options' open interest (OI) up by Rs 2556 crore
Stock Futures net shed 10 lakh shares in OI
Nifty Futures OI net addition was at 11 lakh shares in December and January
Nifty Futures premium stood at 12 points versus 14 points
Nifty Open Interest PCR was up at 1.33 from 1.27
Total Nifty Puts added 38.8 lakh shares in OI
Nifty Calls added 3.7 lakh shares in OI
Nifty December 5900 Put added 13.9 lakh shares in OI
Nifty December 6100 Call added 13.1 lakh shares in OI
Nifty December 6000 Put added 8.2 lakh shares in OI
Nifty December 6100 Put added 4.1 lakh shares in OI
Nifty January 5700 Put added 4 lakh shares in OI
Nifty January 5800 Put added 3.5 lakh shares in OI
Nifty January 6000 Put adds 2.3 lakh shares in Open Interest
FIIs in F&O
FIIs were net buyers of Rs 702 crore in Index Futures, which OI was up by 20,692 contracts on December 21
FIIs were net sellers of Rs 269 crore in Index Options, which OI up by 10,881 contracts
FIIs were net buyers of Rs 349 crore in Stock Futures, which OI up by 9,397 contracts
FIIs were net buyers to the tune of Rs 779 crore in the F&O market. Index Futures saw buying of Rs 142 crore by FIIs and they were net buyers of Rs 342 crore in Index Options.
Nifty rollover stood at 10%. Nifty 5900 Put added 9 lakh shares in Open Interest while Nifty 6000 Call added 5.6 lakh shares in Open Interest. Highest open interest (OI) was seen in 5800 Put and 6000 Call.
5800 is being seen as a firm floor. Nifty January 5800 Put added 4.6 lakh shares. FIIs were net buyers of Rs 308 crore in Stock Futures, which saw net addition of 3.15 crore shares in OI.
Fresh longs were added in Hero Honda post concall on Monday. The stock jumped nearly 18% and there was 12% jump in OI.
Long buildup was seen in Ispat Industries ahead of potential announcement. It added 8.4 million shares in OI.
Fresh longs were also seen in Shree Renuka Sugars, which saw 6% OI addition. However, fresh shorts were seen in Axis Bank, which saw 18% OI build up.
United Phosphorous added 1.6 million shares in OI. The stock lost 5%.
Hexaware Tech shot up 25% in December and added 11% in OI on Monday
US Markets:
The US markets closed modestly higher amid quiet trading. The S&P 500 index hit yet another new level since September 2008, when Lehman Brothers filed for bankruptcy.

The Dow Jones Industrial Average ended at 11,559.49, up 26.33 points; the Nasdaq Composite rose 3.87 points to settle at 2,671.48 and S&P 500 Index added 4.24 points at 1,258.84.In economic data, the third and final estimate for third quarter GDP indicated that the economy expanded at a 2.6% annual clip from july through September. The consensus had called for 2.7% growth after the previous estimate had indicated that third quarter growth totalled 2.5%.

As for personal consumption during the third quarter, it increased 2.4%. That is down from the 2.8% increase that had been reported previously.
November existing home sales increased 5.6% month over month to an annualized rate of 4.68 million units, which is on par with the 4.65 million units that had been expected.
It is going to be a data heavy day today in US as well - the initial jobless claims is expected to remain flat at the previous week's level around 420,000. Durable good order, new home sales & the consumer sentiment data will also be announced today
Bob Enck, President & CEO of Equinox Funds said, "I think the investor sentiment will be a little more positive than it has been. However we have also seen that throughout 2010 and we think the trend is going to continue that manage futures has become the number one asset class in terms of alternatives as tracked by Barclay hedge."
In the currency space, it was a quiet session for the dollar even as the the euro slid to its lowest level on concerns about the debt crisis.
In commodities meanwhile oil prices jumped above USD 90 a barrel to settle at that level for the first time in 26 months as a third straight weekly drop in US crude inventories and cold weather on both sides of the Atlantic spurred pre-holiday buying.

22nd Dec 2010 Market Closing Updates

22nd Dec 2010 Market Closing Updates

Nifty closed 18 points down at 5982.65
Sensex closed 45.59 points down at 20014.73
The Sensex pared all its gains and fell into the negative terrain on the back of profit booking seen in index pivotals. Oil & gas, banking and capital goods declined, while metal, PSU and teck moved up.
The 30-share benchmark index, BSE Sensex opened with a gain of 58.50 points or 0.29% at 20,118.82, while the broad based NSE Nifty started with a rise of 18.35 points or 0.31%, at 6,019.00.
Sensex Movers
Reliance Industries contributed fall of 42.52 points in the Sensex. It was followed by H D F C Bank (16.23 points), I C I C I Bank (14.86 points), Larsen & Toubro (11.08 points) and Tata Consultancy Services (6.73 points).
However, Bharti Airtel contributed rise of 16.76 points in the Sensex. It was followed by Hindalco Industries (6.26 points), Sterlite Industries (India) (5.5 points), Tata Motors (4.28 points) and Infosys Technologies (4.15 points).
Biggest gainers in the 30-share index
Bharti Airtel (2.90%),
Hindalco Industries (1.65%),
Sterlite Industries (India) (1.50%),
Jindal Steel & Power (1.45%),
Tata Power Company (0.83%),
Reliance Communications (0.79%).

Major losers in the SensexOn
Maruti Suzuki India (2.41%),
Reliance Industries (1.77%),
Hero Honda Motors (1.70%),
H D F C Bank (1.57%),
Reliance Energy (1.48%),
Wipro (1.41%)
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.04% and 0.21% respectively.
The major gainers in the BSE Midcap were Core Projects and Technologies (2.77%), Aban Offshore (2.22%), Amara Raja Batteries (1.99%), Alfa-Laval (India) (1.75%) and Amtek Auto (1.2%).
The major gainers in the BSE Smallcap were Ahmednagar Forgings (1.47%), Ajanta Pharma (0.9%), A B G Shipyard (0.87%), INEOS ABS (India) (0.67%) and A B G Infralogistics (0.67%).
Sectors in Limelight
The Metal index was at 17,220.78, up by 123.73 points or by 0.72%. The major gainers were Hindustan Zinc (1.93%), Hindalco Industries (1.65%), Jindal Steel & Power (1.45%), Sesa Goa (1.06%) and NMDC (0.44%).
The IPO index was at 1,908.70, up by 12.94 points or by 0.68%. The major gainers were Indiabulls Power (2.17%), Aster Silicates (1.53%), Coal India (0.86%), Adani Power (0.12%) and Ashoka Buildcon (0.05%).
The Oil & Gas index was at 10,646.85, down by 84.65 points or by 0.79%. The major losers were Reliance Industries (1.77%), Petronet LNG (1.44%), Cairn India (0.97%), Oil India (0.23%) and G A I L (India) (0.23%).
The Bankex index was at 13,003.56, down by 74.09 points or by 0.57%. The major losers were H D F C Bank (1.57%), Bank Of India (1.2%), Federal Bank (1.01%), Canara Bank (0.18%) and Bank Of Baroda (0.06%).
Market Breadth
Market breadth was negative with 1,453 advances against 1,492 declines.
Value and Volume Toppers
Moil topped the value chart on the BSE with a turnover of Rs. 4,620.01 million. It was followed by State Bank Of India (Rs. 1,237.67 million), Mahindra & Mahindra Financial Services (Rs. 1,059.71 million) and Jindal Poly Films (Rs. 1,020.09 million).
The volume chart was led by Ispat Industries with trades of over 27.96 million shares. It was followed by Cals Refineries (22.07 million), City Union Bank (12.52 million) and Moil (9.96 million).