Tuesday, October 9, 2007

Sensex sheds 280 pts due to political turbulence

Markets on monday fell sharp. A huge sell off was seen in the markets due to political turbulence. Sensex ends down 282 pts at 17491 after seeing gap-up opening of 200 pts due to positive global cues. Nifty down 2% or 100 pts at 5085. BSE Metal Index down 3.7%; BSE Realty Index down 3.6%, BSE Oil & Gas Index down 3%. BSE IT Index up 0.63%; ahead of Infosys result on Thursday. NSE Advance Decline ratio at 1:10.Total market turnover at Rs 93037.97 cr Vs Rs 92157.42 cr on Friday

Currency movement:

Rupee appreciates by 15 bps at INR39.44/$ 1
Yen depreciates by 24 bps at Yen117.42/$ 1

Sep 18 - Oct 5
Indices Change(%) Today's Change(%)
BSE 100 13.13 -2.3
BSE 200 12.54 -2.47
BSE 500 11.92 -2.5
BSE Auto 9 -2
BSE Bankex 11.27 -2.35
BSE Cap Goods 13.5 -2.2
BSE FMCG 0.43 -1.2
BSE Healthcare 4.5 -3.1
BSE IT 8.09 0.5
BSE Metal 16.86 -4
BSE Oil & Gas 18.96 -3.5
BSE Sensex 13.43 -1.8
BSE Small-Cap 3.66 -3.4
CNX Midcap 8.08 -3.5
Nifty 14.07 -2.2





























F&O SNAPSHOT
Nifty futures basis ends flat and fluctuates mild premium and discount
Stock futures continue to see unwinding of long positions
Oil & Gas, Banking and Fertilizer witness major unwinding
IT only Index which witnesses combination of Fresh Longs and Short Covering

Biggest Losers:
Nagarjuna Fertilizer, Chambal Fertilizer, MRPL, Triveni Engg, Indus Ind Bank

Long Unwinding
TTML down 7%; shed 52.7 lakh shares in OI
JP Hydro down 10.6%; shed 47.5 lakh shares in OI
RPL down 5.5%; shed 44.5 lakh shares in OI
IFCI down 8%; shed 43.4 lakh shares in OI
Nag Fert down 11.5%; shed 23.5 lakh shares in OI

Long Unwinding
Stocks in F&O Curb: TTML, IFCI, Nagarjuna Fert, JP Hydro, Essar Oil
Oil & Gas: RPL, RNRL, Petronet LNG, GAIL,
Power: NTPC, Power Grid,
Sugar: Balrampur Chini, Bajaj Hind
FMCG: Dabur, ITC, HUL
Misc: DLF,ACC, Reliance Capital Ashok Let, IDBI, SAIL, , Oswal Chem
Banks: ICICI Bank, SBI, Dena Bank, Indusind Bank, Syndicate Bank, Vijaya Bank, Yes Bank

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