Markets close week at the end of the weak - Mar 9, 2007

The weakness continued to haunt the markets today as almost all indices closed marginally in the red territory. The markets opened positive compared to yesterdays closure but soon continued to loose points. But by noon, they took a recovery course and reached the yesterday’s closure levels. This however did not last for long and more stocks entered into the red territory. A similar recourse was seen at about 2:45 PM but even this attempt too failed and the markets finally closed in the red.

Nifty lost over a percentage points to close at 3684.25. CNX 500 closed at 3024.45 (-0.80%). CNX Midcap closed at 4624.55 (-0.52%). CNX 100 ended weak to close at 3556.05 (-1.11%).

Top gainers on Nifty today are Hero Honda, IPCL, ABB (all over +3%), Sun Pharma, Tata Steel, HDFC (all over +1%), Siemens, ONGC, Nationalum and Glaxo (marginally +ve)

Top Nifty losers are Grasim (-7.11), ACC (-6.24%), MTNL (-5.2%), M&M (-4.1%), ITC, BHEL, Cipla, Suzlon, Hindalco (all over -3%) and GAIL (-2.9%)

IT stocks were relatively safer compared to other sectors today. On CNXIT, 6 stocks advanced while 14 declined though. Top IT gainers of the day include Finantech, MPhasis, CMC, Polaris and IFlex while the losers list included Rolta, Moser Baer, HCL Insys, Patni and Satyam Computers. Satyam counter opened at 447.00 as against its previous closure of 445.80 and reached an intraday high of 448.70 and low of 435.00 and finally closed at 439.05 (-1.51%). CNX IT closed at 5158.25 (-0.68%).

On the Banking stocks front, there are few gainers compared to the loosers. 3 stocks advanced while 9 declined on the Bank Nifty. UTI Bank, Canara Bank and HDFC Bank managed to stay in green while Bank of Baroda, Bank of India, Syndicate Bank, Corporation Bank and State Bank of India closed in the red. ICICI Bank opened at 871.65 as against its previous close of 863. The stock touched the days high at 878.70 and low at 846.00 before closing at 858.60 (-4.4; -0.51%). BANK NIFTY closed at 5160.60 (-0.57).

On the Junior Nifty, 17 stocks advanced, 32 declined and 1 remained unchanged. Top gainers in this segment are Nicolaspir (+5.1%), UTI Bank (+4.6%), IDBI, BioCon (both +3%) and IDFC (+2.8%). The losers list has AuroPharma, JP Associates, ING Vysya Bank, IFCI and Lupin. CNX Nifty Junior lost -0.79% and closed at 6460.50.

Add commentMarch 10th, 2007

ICDM & F&O Turnover - Mar 9, 2007

BSE Press Release

ICDM TURNOVER

Value of deals reported on ICDM on  9th  March , 07 , through ICDM System as well as Internet portal is Rs.520.77 Crs.

Total Number of deals :   66

F&O TURNOVER

F&O turnover (one sided) for the trade date 09 March 2007.

1) Sensex Futures = Rs.  751.98 crores.
2) Reliance Futures = Rs.55.08 crores.
3) Total F&O Turnover = Rs.807.06 crores.

Add commentMarch 10th, 2007

NSE completes its 1767th Normal Settlement

NSE Press Release - 9 Mar 07

The Exchange has successfully completed its 1767^th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007044 on March 9, 2007. The settlement statistics are as follows:  

 

Particulars	Values
	N – 2007044
Total traded quantity (lakhs)	4222.24
Total traded value (Rs. In Crores)	8871.28
Total value of the settlement (Securities) (Rs. In Crores)	2266.98
Total value of the settlement (Funds) (Rs. In Crores)	745.05
Shortages for the settlement	0.19%
% of  Delivery ( No. of shares deliverable / No. of shares traded )	24.29%

 

Retail Debt Market has completed its 1041^st settlement details of which are as follows:

 

Settlement No.	Traded Value	Settlement Value
		Securities	Funds
D- 2007044	NIL	NIL	NIL

 

 

Add commentMarch 10th, 2007