Search Now

Recommendations

Monday, August 09, 2010

Weekly: Sensex, Nifty add 1.3%


Indian indices inched higher but failed to cross the psychological barrier of 5,500 mark as trading activity was restricted in a narrow band of 5,430-5,480. The rally was dominated by large cap stocks as the broader markets remained directionless. Mixed bag of earnings from corporates and rich valuations also restricted the gains in the key indices. Finally, the Nifty added 1.3% to close the week at 5,439.



Sensex intra-week high of 18,295 and low of 17,911

Nifty intra-week high of 5,487 and low of 5,351

The top gainers: The top gainers in the Sensex were Tata Motors (up 5.6%), Bharti Airtel (up 5.4%), Wipro (up 5%), ICICI Bank (up 5%) and SBI (up 4.7%).

The Top Losers: The top losers in the Sensex were Reliance Power (down 3.6%), Ambuja Cements (down 2.4%), HDFC Bank (down 1.7%), Cipla (down 1.5%) and Tata Steel (down 1%).

The BSE IT Index (up 3%): The top gainers in the IT sector were Sasken Communication (up 5.4%), HCL Tech (up 5.1%), Wipro (up 5%), Mphasis (up 4.9%), TCS (up 3%) and Infosys (up 2.7%),

The top loser was Patni Computer (down 3.4%).

The BSE Consumer Index: The top gainers in the Consumer Durables sector were Videocon Industries (up 7.4%), Su-Raj Diamonds (up 7.2%) and Mirc Electronics (up 3.7%).

The top losers were Samtel Color (down 5.4%) and Whirlpool (down 0.8%).

The BSE Healthcare Index (down 0.1%): The top gainers in the Pharma space were Wockhardt (up 13.7%), Strides Arcolab (up 9.5%), Panacea Biotec (up 2.5%), Piramal Healthcare (up 2.4%) and Natco Pharma (up 2.3%).

The top losers were Dishman Pharma (down 4.3%), Emami Limited (down 2.7%), Torrent Pharma (down 2.5%), Aurobindo Pharma (down 1.8%) and Astrazeneca Pharma (down 1.5%).

The BSE Banking Index (up 2.1%): The top gainers in the banking space were Indian overseas Bank (up 9.7%), Bank Of India (up 5.9%), Kotak Mahindra Bank (up 5.2%), Allahabad Bank (up 5.2%) and ICICI Bank (up 5%).

The top losers were Federal Bank (down 5.1%), Oriental Bank Of Commerce (down 3.1%), Axis Bank (down 2.2%), HDFC Bank (down 1.7%) and Andhra Bank (down 0.9%).

The BSE Auto Index (up 1.2%):The top gainers in the auto space were Tata Motors (up 5.6%), Maruti Suzuki In (up 1.9%), Eicher Motors (up 1.3%), Hero Honda Motor (up 1%) and Bajaj Auto (up 0.9%)

The top losers were Swaraj Mazda (down 2.1%), M&M (down 1.9%) and Hindustan Motors (down 0.6%).

The BSE Oil & Gas Index (down 0.5%): The top gainers in the oil & gas space were Hindustan Oil (up 7.1%), GSPL (up 4%), Chennai Petroleum (up 3.9%), Cairn India (up 2.6%) and HPCL (up 2.4%).

The top losers were Gujarat NRE Coke (down 1.3%), Shiv-Vani Oil (down 1.3%), Reliance Inds (down 0.9%) and ONGC (down 0.8%).

The BSE Capital Goods Index (up 0.6%):The top gainers in the Capital Goods space were Greaves Cotton (up 6.2%), Kirloskar Brother (up 5.1%), Aban Offshore (up 4.3%), SKF India (up 4.2%) and Elgi Equipments (up 4%).

The top losers were Bharat Electronics (down 3.4%), Esab India (down 3.3%), Jyoti Structures (down 2%), ABB (down 1.3%) and Astra Microwave (down 0.9%).

The Cement Sector: The top losers in the cement sector were JK Cements (down 8.7%), Mangalam Cement (down 5.6%), Kakatiya Cement (down 5.3%), Binani Indus (down 1.9%) and Madras Cements (down 1.6%).

The top gainers in the cement sector were Grasim Inds (up 2%), Dalmia Cement (up 1.8%), Shree Cement (up 1.7%) and Ultratech Cement (up 0.9%).

The Telecom Sector: The top gainers in the telecom space were WWIL (up 9.3%), Gemini (up 6.2%), TTML (up 5.6%), Bharti Airtel (up 5.4%) and Shyam Telecom (up 2.1%).

RCom was the to loser, the stock lost 3.3% during the week.

The Realty Sector (up 2.2%):The top gainers in the real estate space were Ansal Props (up 11.9%), Unitech (up 4.7%), Mahindra Lifespace (up 2.4%), DLF (up 2.1%) and Sobha Developers (up 1.8%).

The top losers were Anant Raj Indus (down 3.7%), HDIL (down 0.4%), Peninsula Land (down 0.4%) and Omaxe (down 0.1%).

The Metals sector (up 0.4%):The top gainers in the metals sector were Bhushan Steel (up 5.6%), Monnet Ispat (up 3.1%), Tata Sponge (up 3%), Sunflag Iron (up 1.4%) and Jindal Steel (up 0.7%).

The top losers were Tata Metaliks (down 2.5%), Lloyds Metals (down 1.8%), Adhunik Metaliks (down 1.5%), Jindal Stainless (down 1.2%) and Tata Steel (down 1%).