Thursday, July 26, 2007

Stock markets take a wild ride

New Delhi, July 26: Indian stock markets are yo-yoing from highs to lows and back again on Thursday as the bulls and bears slug it out in an effort to gain domination.

A late afternoon rally has seen the Sensex move back into positive territory after surrendering a 80-plus points gain established very early in the morning. After being down more than 20 points, it has come back to establish a 76-point lead over yesterday’s close by 3:08 p.m.

Thursday, July 26, 2007 3:01:20 PM

Indices

INDICES

Points

+-Pt

+-%

SENSEX

é

15,752.48

53.15

0.34

MIDCAP

é

6,799.98

44.78

0.66

SMLCAP

é

8,146.61

90.25

1.12

BSE-100

é

8,123.48

28.98

0.36

BSE-200

é

1,922.39

7.52

0.39

BSE-500

é

6,152.29

26.99

0.44

Source: BSE

Even though the start of the day saw the Sensex leap by as much as 85 points, before tempering the tempo, the negative sentiment accelerated the movement towards negative territory and by afternoon, Sensex and Nifty were down under yesterday’s close.

26 Jul 2007

BSE (02:36 PM)

15,677

-21.8

NSE (02:39 PM)

4,579

-9.0

Re/US$

40.33

+0.07

DOW

13,785

+68

NASDAQ

2,648

+8

Source: Equity Master

MORNING CALL

With international markets trading in positive territory, Indian bourses too are making progress of the marginal kind with IT and auto sectors attracting eyes of investors for a spot of buying, though cement and major banks are treading in losses.

NYSE COMPOSITE is trading at 9930.36, NASDAQ COMPOSITE is at 2648.17, DOW JONES I.A is at 13785.07, S&P 500 at 1518.09. Almost all Asian markets are trading in green.

Sensex is at 15,745.74 around 46.41 points up from its previous close. MIDCAP and SMLCAP are at 6,799.96 and 8,127.13 with a positive change of 44.76 and 70.77 respectively.

The US markets were quite positive with the Dow rising more than 50 points and the S&P 500 was flat, but in the green, while Nasdaq Composite was following S&P in terms of gain.

WORLD MARKETS

INDEX

CURRENT

PREV.

% CHANGE

NYSE COMPOSITE

9930.36

9909.95

0.21%

NASDAQ COMPOSITE

2648.17

2639.86

0.31%

DOW JONES I.A.

13785.07

13716.95

0.50%

S&P 500

1518.09

1511.04

0.47%

NIKKEI 225

17808.67

17858.42

-0.28%

Last updated Jul 26, 2007 10:30:00 hours IST

Source: www.nseindia.com

Thursday, July 26, 2007 10:46:03 AM

INDICES

Points

+-Pt

+-%

SENSEX

15,745.74

46.41

0.3

MIDCAP

6,799.96

44.76

0.66

SMLCAP

8,127.13

70.77

0.88

Source: www.bseindia.com

The major gainers in the SENSEX are SATYAM COMP, MARUTI UDYOG, CIPLA LTD., TATA MOTORS.

Scrip Name

Open Rate

High Rate

Low Rate

Last Traded

Change w.r.t. Last Close(abs)

Change w.r.t. Last Close %

SATYAM COMP

487

507

487

504.4

17.5

3.59

MARUTI UDYOG

815

836

814.15

834.25

24.65

3.04

CIPLA LTD.

188

192.8

186.2

191.5

5.35

2.87

TATA MOTORS

728

741.9

724.5

741.5

15.55

2.14

MAHINDRA & MAHINDRA LTD.

793.8

797.95

780.35

795.5

13.45

1.72

BAJAJ AUTO

2,397.00

2,407.00

2,372.15

2,392.00

37.4

1.59

RELIANCE ENR

785.05

790

779

789.1

11

1.41

INFOSYS TECHNOLOGIES LTD.-ORDI

2,001.00

2,024.00

1,997.00

2,017.25

27.3

1.37

RANBAXY LABORATORIES LTD.

342

345.75

340

345.5

4.45

1.3

RELIANCE

1,924.80

1,930.00

1,907.00

1,923.00

19.6

1.03

Source : www.bseindia.com

The major losers in the SENSEX are HDFC BANK LT, BHARTI ARTL, ACC LTD, BHEL.

Scrip Name

Open Rate

High Rate

Low Rate

Last Traded

Change w.r.t. Last Close(abs)

Change w.r.t. Last Close %

HDFC BANK LT

1,239.90

1,239.90

1,208.10

1,212.50

-29.1

-2.34

BHARTI ARTL

945.25

960

927

933

-13.8

-1.46

ACC LTD

1,078.00

1,088.00

1,048.00

1,056.00

-14.5

-1.35

BHEL

1,800.00

1,817.00

1,765.00

1,768.70

-21

-1.17

GRASIM INDUSTRIES LTD.

2,998.00

3,000.00

2,930.00

2,935.00

-33.85

-1.14

I T C LTD

167.1

167.9

162.3

164.15

-1.7

-1.03

AMBUJA CEME

128.5

129.5

127.25

127.25

-1.1

-0.86

HINDALCO IN

184

185

181.15

182.15

-1.25

-0.68

DR.REDDY'S LABORATORIES LTD.

665

666.9

661

661

-4.5

-0.68

ICICI BANK L

967.45

967.45

953.1

955.8

-3.65

-0.38

Source : www.bseindia.com

NSE NIFTY trading at 4590.35 around 0.04% up from its previous close. CNX IT and BANK NIFTY are trading at 5174.75 and 6960.3 with a change of 0.88% and -0.62%.

Index

Prev Close

Open

High

Low

Last

% Change

S&P CNX NIFTY

4588.7

4593.1

4614.9

4584.8

4590.35

0.04

CNX IT

5129.4

5154.7

5181.05

5141

5174.75

0.88

BANK NIFTY

7003.45

7024.9

7032.95

6957.95

6960.3

-0.62

Source: www.nseindia.com

Major gainers in the NSE are LUMAXAUTO, BPLENGG, ABSHEKINDS.

As on 26-Jul-2007 10:54:50 IST


Symbol

Open Price

High Price

Low Price

LTP

Prev Close

% Change



LUMAXAUTO

67

75.5

63.8

75.5

62.9

20.03


BPLENGG

6.05

7.1

6

6.85

6.05

13.22


ABSHEKINDS

18.7

21.2

18.7

21

19

10.53


MONSANTO

1523

1685

1523

1685

1524.75

10.51


MSKPROJ

85.7

93.7

84.5

92.35

84

9.94


KHAITANELE

140

147.85

140

147.5

134.5

9.67


NELCAST

148

162

146

160.7

146.95

9.36


DYNACONS

0.55

0.6

0.55

0.6

0.55

9.09


ASIL

7.3

7.3

7.3

7.3

6.75

8.15


BLUECHIP

1.3

1.35

1.3

1.35

1.25

8


Source: www.nseindia.com

Major losers in the NSE are FTCSF3YDIV, ATFL, SOFTTECHGR.

As on 26-Jul-2007 10:54:50 IST


Symbol

Open Price

High Price

Low Price

LTP

Prev Close

% Change



FTCSF3YDIV

12.6

12.6

8.7

8.7

10.5

-17.14


ATFL

169.5

169.5

153.6

159

170.65

-6.83


SOFTTECHGR

15.35

15.35

15.35

15.35

16.45

-6.69


SUZLON

1362.35

1379

1305.55

1321

1401.7

-5.76


NOVOPANIND

50.35

50.35

50.35

50.35

53.05

-5.09


KOTHARIPRO

970.1

999.9

967.6

967.6

1018.5

-5


STINDIA

20.95

20.95

20.95

20.95

22

-4.77


STEELTUBES

4.2

4.2

3.9

4

4.2

-4.76


ALPHAGEO

390.5

396.75

370.3

372.1

389.75

-4.53


ORIENTPRES

35.35

35.35

35.35

35.35

37

-4.46


Source: www.nseindia.com