India Stock Market: Sensex Up 151.77 Points On Thursday

Sensex (^BSESN) up 151.77 points on Thursday (November 5, 2009)

Sensex rose 151.77 points or 1% to 16063.90
Nifty (^NSEI) rose 54.75 points or 1.1 to 4710.80
Mid Cap rose 2%. Small Cap rose 1.8%.
BSE 500 was up 1.4%. Sensex gainers: 23

All 13 BSE Sectoral indices, 11 posted gains.
Advancers: 1827, Decliners: 841, Unchanged: 71
Advance/Decline Ratio: 9:5

Sensex Day’s Range: 16092.90 - 15564.89
Nifty Day’s Range: 4776.35 - 4610.60
52-Week Range: 17493.17- 8047.17
52-Week change (%): -8.2%

Sensex gainers included Reliance Infra +5.6%, Reliance Comm +5.3%, Hindalco +5.1%, Bharti Airtel +4.5%, Mahindra & Mahindra +3.6% and Tata Steel +3.3%.

Sensex losers were: State Bank -1.1%, ITC -0.9%, ACC -0.8%, Infosys -0.7%, TCS -0.3%, L & T -0.3% and NTPC -0.02%.

Metal index rose 2.9% led by JSW Steel +7.3%, Guj NRE Coke +6.4%, Jindal Saw +5.2%, Hindalco +5.1%, NMDC +4.6% and Jai Corp +3.4%.

Realty index climbed 2.6% helped by HDIL +6.4%, Phoenix Mills +6.1%, Orbit Corp +5%, Mahindra Life +3.6% and Unitech +3.6%.

Power index shot up 2.6% assisted by Suzlon Energy +13.3%, Lanco Infratech +6.9%, Torrent Power +5.7%, Reliance Infra +5.6% and ABB +4.7%.

Auto index moved up 1.9% aided by Apollo Tyres +8.9%, ASshok Leyland +4.1%, Mahindra & Mahindra +3.6%, Hero Honda +2.3% and Maruti Suzuki +1.8%.

Oil & Gas index jumped 1.7% supported by GAIL +6.9%, Aban Offshore +4.2%, Reliance Natural +3.7%, Essar Oil +2.9% and Cairn India +2.1%.

Other sectoral movers were: PSU +1.7%, Capital Goods +1.4%, Teck +1.2%, Healthcare +0.9%, Bankex +0.9% and Consumer Durables +0.4%.

Sectoral losers were: IT -0.1% and FMCG -1%.

Turnover:
Volumes jumped back above the Rs 1 lakh crore mark; total traded turnover was at Rs 1,19,194.34 crore. This included Rs 16,745.39 crore from the NSE cash segment, Rs 96,498.50 crore from the NSE F&O and the balance Rs 5,950.45 crore from the BSE cash segment.

Buzzers:
Murli Ind +20% at Rs 246, Celan Hotels +20% at Rs 21.98, Trent (W) +20% at Rs 47.80, Murudeshwar +19.9% at Rs 33.50, Garware Poly +19.8% at Rs 36.95, Spice Comm +18.2% at Rs 60.15, Wockhardt +17.1% at Rs 195.20 and Natural Capsule +16.9% at Rs 43.60.

Heavy Losers:
Sat Industries -8.9% at Rs 25.70, Thinksoft -8.2% at Rs 215.95, Auto Stampings -8.1% at Rs 45.05, Prime Securities -5.9% at Rs 35.35, Arihant Capital -5.6% at Rs 50, Martin Burn -5.4% at Rs 23 and Excel Infoways -5.3% at Rs 67.30.

Midcap Gainers:
ISpice Communication and Wockhardt gained 17-18%. IFCI shot up 13.8%, as government sources said would appoint consultant to decide future shape of the company and might look at merging IFCI with another institution. Rashtriya Chemical went up 12.2%, as it is planning to enter cement business. BF Utilities was up 10%.

Midcap Losers:
Puravankara Projects, Info Edge, India Cements, Anant Raj Industries and Sobha Developer lost 3-4%.

Smallcap Gainers:
Murli locked at 20% upper circuit. Hatsun Agro, Selan Exploration, Banco Products and Hexaware Tech moved up 10-13%.

Smallcap Losers:
Prime Securities, Modern India, Entertainment Network Ind, Dhanuka Agritech and Delta Corp fell 3-6%.

Telecom shares rebound:
Bharti Airtel, the country’s top mobile operator, and rival Reliance Communications rose 4.5 percent and 5.3 percent respectively after the report in ET today that that the telecom ministry would seek a fast-track approval from the finance ministry to cut the annual licence fee paid by large operators by up to a third.

Maytas Infra locked up at 5 pct:
Maytas Infra rose by daily limit of 5 percent to 149.45 rupees after it got a contract worth 7.9 billion rupees from IL&FS Transportation Networks to build a part of a four-lane highway in the western state of Maharashtra.

PSU Disinvestment:
Talks on disinvestment process pushed equity benchmarks higher in late trade. After a cabinet meeting, Home Minister, P Chidambaram said all unlisted PSUs (public sector undertakings) with a positive networth would be listed and a minimum of 10% of equity of all PSUs’ would be held by public.

Chidambaram also said the government would use disinvestment proceeds for social sector for 3 years. Cabinet effectively approved sale of upto 10% in all PSUs’. This may reduce the burden on fiscal deficit.

Asian Markets:
Asian markets closed lower barring Shanghai. Kospi and Nikkei declined 1.3-1.7%. Hang Seng, Straits Times and Taiwan Weighted slipped 0.7%. However, Shanghai gained 0.8%.

European Markets:
European markets were quoting: FTSE 100 was -0.5%, the CAC 40: -0.4% and the DAX 30: -0.4%

Crude:
Crude was quoting at $79.85 per barrel.

Subscribe by RSS Subscribe by Email