go to moneycontrol.com
Quote 
NAV 
News 
Messages  
Opinions 
Notices 
[+] SHOW
Moneycontrol India :: News :: Mkts end flat: FMCG, pharma up; banks, cap goods down :: :: Local Markets :: Sensex,Nifty,Indices
You are here : Moneycontrol » Markets Home » Local Markets
Mkts end flat: FMCG, pharma up; banks, cap goods down
2007-12-17 10:27:51 Source : moneycontrol.com
Email     Print Version     
ads by google

The markets ended the day with modest loss amid volatile trade due to lack of triggers through the day and that was in line with global peers. Asian indices also ended lower Japan's Nikkei was down 0.14%, Hong Kong's Hang Seng slipped 0.65%, Taiwan's Taiwan Weighted dipped by 0.85%, Strait Times was down 0.37% and Seoul Composite ended lower by 1.09%.

Auto, banking, Capital goods, power and telecom stocks witnessed profit booking whereas FMCG, pharma and oil stocks continued positive momentum.

The Sensex was down 73.56 points or 0.37% at 20030.83, and the Nifty down 10.40 points or 0.17% at 6047.70.

The BSE Midcap Index was up 1.02% at 9,471.94 and Small Cap up 1.57% at 12,195.50.

Market breadth was positive. About 2178 shares have advanced, 873 shares declined, and 40 shares remained unchanged.

NSE and BSE cash turnover for the day stood at Rs 19,272 crore and Rs 9,429.4 crore. NSE F&O turnover was at Rs 61,326 crore and total at Rs 90,028 crore.

Top gainers on the bourses were ACC (3.58%), Ranbaxy Labs (2.69%), Cipla (2.65%), Hindustan Unilever (2.33%), GSK Pharma (5.17%) and Cairn India (3.2%) while losers were HDFC (3.43%), Bharti Airtel (3.43%), ICICI Bank (2.89%), Tata Motors (2.4%) and Satyam (2.36%).

Sun TV Network, Kaushalya Infrastructure, Kolte-Patil, Reliance Industries, JP Hydro and IFCI were most active shares on the bourses.

Kaushalya Infrastructure closed at Rs 82.45 versus issue price of Rs 60.

Banking stocks lost the ground today due to profit booking in Kotak Mahindra Bank, ICICI Bank, Karnataka Bank, HDFC Bank and Union Bank of India. The BSE Bankex slipped 1.39% at 11,335.47.

Selling pressure was also seen in capital goods stocks as Areva T&D, Alfa Laval, BEML, Crompton Greaves and L&T ended lower. The BSE Capital Goods Index was down 0.99%, at 19,862.51.

The BSE Auto Index declined 0.38% at 5,743.80 due to fall in MRF, Bharat Forge, Tata Motors, Hindustan Motors and Cummins India.

Power stocks lost the ground on account of selling in Areva T&D, GVK Power, Torrent Power, Siemens and BHEL. The BSE Power Index dipped 0.76% at 4,435.53.

Profit booking was also seen in technology stocks in late trade. The BSE IT Index was down 0.57% at 4,259.76 on the back of drop in Satyam, Tech Mahindra, i-flex Solutions, Mphasis and Wipro.

The BSE Metal Index ended flat at 19,763. Metal stocks like SAIL, Tata Steel, Maharashtra Seamless and Jindal Stainless lost shine today.

Telecom stocks like Bharti Airtel, Reliance Communications, MTNL, VSNL, Tata Teleservices and Idea Cellular witnessed selling pressure.

On the other hand, pharma stocks continued on buying spree since last two days. The BSE Healthcare Index gained 2.52% at 4,308.27 on the back of gain in Panacea Biotech, Lupin, Wockhardt, Cadila Healthcare, Matrix Labs, GSK Pharma and Glenmark Pharma.

FMCG stocks have also been in positive momentum since yesterday. The BSE FMCG Index gained 1.44% at 2,263.93 due to surge in P&G, Marico, Hindustan Unilever, United Breweries, Godrej Consumer and ITC.

The BSE Oil & Gas Index surged 0.88% at 12,980.95 as buying was seen in Reliance Industries, ONGC and Petronet LNG.

Markets Today

  • Indian markets witness choppy session of trade in line with global peers
  • Sensex down 74 pts at 20031; Nifty down 10 pts at 6041
  • CNX Midcap, BSE Smallcap, & BSE Healthcare Indices continue to hit lifetime highs
  • CNX Midcap up 0.8%; BSE Smallcap Index up 1.6%
  • Sugar stocks see action; Bajaj Hind up 13.2%, KCP Sugar up 19.5%, Triveni Eng up 9.7%
  • BSE FMCG up 1.4%; HUL up 3.1%, ITC up 2.2%
  • BSE Oil & Gas Index up 0.9%; Cairn up 3.6%, Reliance up 2%
  • BSE Bank Index down 1.4%; HDFC down 3.4%, ICICI down 2.9%
  • BSE Capital Goods Index down 1%; L&T down 1.5%, BHEL down 1.1%
  • BSE IT Index down 0.6%; Satyam down 2.2%
  • Index Gainers: ACC up 4%, Ranbaxy up 3%, Cipla up 2.7%, DRL up 2.5% 
  • Index Losers: Bharti Airtel down 3.4%, Tata Motors down 2.4%, Zee Ent down 2.1%
  • Kaushalya Infra closes at Rs 82.45 Vs listing price at Rs 79 (Issue Price: Rs 60)
  • Midcap Gainers: Thomas Cook up 20%, Fortis up 19.4%, Kolte Patil up 19%, Bajaj Hind up 13%, Guj Sidhee Cement up 11.5%, HOEC up 11%, TVS up 10.8%
  • Advance-Decline ratio is at 5:3
  • Total market turnover at Rs 90,029 cr vs Rs 1.02 lakh cr yesterday
  • Total F&O turnover at Rs 61,326 cr vs Rs 70,156 cr yesterday

F&O snapshot

  • Long buildup seen in Sugar, Cement, Pharma, Auto and Airline stocks
  • Decent turnover despite 17 stocks in F&O curb

Star Performers

  • Praj Ind: Up 12.7%; adds 7.8 lakh shares; strong CoC seen
  • Bajaj Hind: Up 12.6%; adds 8.4 lakh shares
  • TVS Motors: Up 12%; adds 10.9 lakh shares; strong CoC seen
  • HOEC: Up 11.5%; adds 11.77 lakh shares
  • India Cements: Up 10%; adds 17.9 lakh shares

Market This Week

  • Sensex up 0.3%, Nifty up 1.2%
  • CNX Midcap Index up 5.5%, BSE Small Cap index up 7.5%
  • BSE Healthcare Index up 7.6%, Realty Index up 7.3%, Metals up 5.5%
  • BSE FMCG Index up 3.7%, Oil & Gas Index up 2%, Auto Index up 1.5%
  • BSE IT Sector Index down 4%, Cap Goods down 1.9%
  • Nifty Gainers - Nalco up 18%, GSK Pharma , Jet Airways up 14% each, GAIL up 9%, HPCL up 8%, Dr Reddy's up 8%, ITC, Cipla up 6%
  • Nifty Losers - Satyam, BHEL down 7%, Infosys down 5%, HCL Tech, ICICI Bk, Tata Motors down 3% each
  • Midcap Gainers - SPARC up 62%, Lanco up 46%, Guj Sidhee up 44%, Ansal API up 42%
  • Small Cap Gainers - Vardhman Acrylic up 86%, Visu Intl up 45%, KCP Sug up 44%

Contd on page 2.....

Archive 1 | 2 | 3 |
Hot keywords : Sensex | Nifty | Indices 
Related links:
Rate this article
Sensex & Nifty
  • Jul 09, 16:01
  • Last Price
  •     Change
  • Volume 
  • BSE
  • 13964.26
  •  614.61  4.60%
  • N.A. 
  • NSE
  • 4157.10
  •  168.55  4.23%
  • N.A. 
Most Popular
Top Rated
Editor's Pick