Monday, 26 November 2012

Indian Share Market Tips


The markets traded in the positive territory throughout the day backed by fresh buying interest in the broader markets. The Sensex opened with a positive gap of 70-odd points at 15,574, and soon touched a high of 18,590. Nervousness in early trades saw the index slip to a low of 18,509 - up three-odd points from the previous close.

The index, thereafter, bounced back and exhibited range-bound movement for the rest of the trading day. The Sensex finally ended with a gain of 30 points at 18,537.

The NSE Nifty added nine points at 5,636.

The broader markets out-performed the benchmark indices with quite-a-big margin. The BSE Midcap and the Smallcap indices were up around a per cent each at 6,663 and 7,117, respectively.

Among sectors, the BSE IT, Consumer Durables and Metal indices moved up over a per cent each at 5,805, 7,567 and 9,897, respectively. The PSU index was down 0.5 per cent at 6,965.

The market breadth was fairly positive - out of 2,948 stocks traded on the BSE, 1,577 advanced and 1,223 declined today.

INDEX MOVERS & SHAKERS

Wipro jumped 2.5 per cent to Rs 376. Sterlite and Bharti Airtel also spurted over 2 per cent each to Rs 98.50 and Rs 312, respectively.

Tata Steel also gained 2 per cent at Rs 372. Infosys advanced 1.7 per cent to Rs 2,417.

Hindalco, Dr.Reddy's and Hindustan Unilever moved up over 1.5 per cent each to Rs 110, Rs 1,768 and Rs 537, respectively.

Mahindra & Mahindra shed nearly 3.5 per cent at Rs 922. Sun Pharma and BHEL slipped around 1.5 per cent each to Rs 693 and Rs 222, respectively.

HDFC Bank was down a per cent at Rs 662.

VALUE & VOLUME TOPPERS

Jet Airways topped the value chart with a turnover of Rs 219.35 crore on the BSE. It was followed by SpiceJet (Rs 171.20 crore), United Spirits (Rs 153.80 crore), ICICI Bank (Rs 87.87 crore) and SBI (Rs 57.74 crore).

SpiceJet led the volume chart with trades of around 3.9 million shares followed by Reliance Communications (6.4 million), Kingfisher Airlines (6.3 million), Lanco Infratech (5.7 million) and TV18 Broadcast (5.2 million).

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