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Monday, August 02, 2010

Weekly: Sensex, Nifty lose 1.5% each


The bulls seem to have given up their chase as the key indices struggled this week and failed to build on previous few weeks rally. Volatility on account of F&O expiry and mixed corporate results prevented the NSE Nifty from piercing 5,500. In fact, it closed below 5,400. Meanwhile, targeting to check the double digit inflation, RBI hiked its short-term lending and borrowing rates by 0.25% and 0.50% respectively. Finally, the Nifty closed the week lower by 1.5%.



Sensex intra-week high of 18,194 and low of 17,838

Nifty intra-week high of 5,466 and low of 5,349

The top gainers: The top gainers in the Sensex were HDFC Bank (up 4.3%), Ambuja Cements (up 2.4%), ITC (up 2.4%), Hindalco Inds (up 1.4%) and Acc (up 1.3%).

The Top Losers: The top losers in the Sensex were Maruti Suzuki (down 11.8%), L&T (down 7.4%), Hero Honda (down 7%), DLF (down 6.5%) and Reliance Power (down 5.5%).

The BSE IT Index (0.0%):The top losers in the IT sector were Patni Computer (down 9.5%), Financial Tech (down 5.7%), Mahindra Satyam (down 5.1%), Sasken Communication (down 4.8%) and Mphasis (down 3.7%).

The top gainers were Hcl Tech (up 5.2%), Infosys Tech (up 0.1%) and TCS (up 0.1%).

The BSE Consumer Index: The top losers in the Consumer Durables space were Samtel Color (down 3.8%), Videocon Industries (down 1.9%), Whirlpool (down 0.8%) and Blue Star (down 0.5%).

The top gainers were Titan Inds (up 1.2%) and Mirc Electronics (up 1.1%).

The BSE Healthcare Index (down 0.6%):The top losers in the Pharma sector were Wockhardt (down 5.3%), Panacea Biotec (down 4.8%), Ipca Labs (down 4.7%), Glenmark Pharma (down 3.8%) and Morepen Labs (down 3.4%).

The top gainers in the Pharma space were Emami (up 7.1%), Astrazeneca Pharma (up 2.3%), Aurobindo Pharma (up 1.9%), Sun Pharma (up 1.6%) and Cadila Healthcare (up 1%).

The BSE Banking Index (up 0.4%):The top gainers in the banking space were Oriental Bank Of Commerce (up 10.8%), HDFC Bank (up 4.3%), Bank Of Baroda (up 3.7%), Allahabad Bank (up 3.6%) and Bank Of India (up 1.9%).

The top losers were Karnataka Bank (down 3.8%), Axis Bank (down 3.3%), Union Bank of India (down 2.6%), Federal Bank (down 2.5%) and Yes Bank (down 2.1%).

The BSE Auto Index (up 0.1%):The top losers in the auto space were Maruti Suzuki (down 11.8%), Hero Honda (down 7%), Swaraj Mazda (down 4.3%), Hindustan Motors (down 3.8%) and Ashok Leyland (down 3.1%).

The top gainers in the auto space were Bajaj Auto (up 8.8%), M&M (up 5.4%), Eicher Motors (up 1.6%) and Tata Motors (up 0.9%).

The BSE Oil & Gas Index (down 3.5%): The top losers in the oil & gas space were Hindustan Oil (down 6%), Shiv-Vani Oil (down 5.2%), MRPL (down 5%), Reliance Industries (down 4.8%) and Gujarat Nre (down 4.4%).

The top gainers space were GSPL (up 2.7%), Cairn India (up 2.4%) and BPCL (up 1.5%).

The BSE Capital Goods Index (down 4.8%):The top losers in the Capital Goods were Kirloskar Brother (down 6.9%), Jyoti Structures (down 5.9%), Heg (down 5.7%), Astra Microwave (down 4.3%) and Crompton Greaves (down 4.1%).

The top gainers were Elgi Equipments (up 6.2%), Ingersoll Rand (up 4%), Aban Offshore (up 3.4%), SKF India (up 3.1%) and LMW (up 0.6%).

The Cement Sector: The top gainers in the cement sector were Ultratech Cement (up 4.2%), Birla Corp (up 2.2%), ACC (up 1.3%), Grasim Inds (up 0.4%) and India Cements (up 0.1%).

The top losers were Kakatiya Cement (down 15.9%), Binani Indus (down 6.2%), Dalmia Cement (down 2.7%), Jk Cements (down 2.3%) and Shree Cement (down 2%).

The Telecom Sector: The top losers in the telecom space were Gemini Comm (down 8.2%), Reliance Com (down 5.3%), WWIL (down 5.1%), Tata Communication (down 4.7%) and Shyam Telecom (down 3.5%).

The top gainers were TTML (up 3%), Idea Cellular (up 2.8%) and MTNL (up 0.3%).

The Realty Sector (down 3.2%):The top losers in the Realty sector were Peninsula Land (down 7.1%), DLF (down 6.5%), Mahindra Lifespace (down 4.4%), Akruti City (down 4%) and Unitech (down 3.6%).

Omaxe gained over 7.4% during the week.

The Metals sector (down 0.7%):The top losers in the metals sector were Lloyds Metals (down 6.6%), Tata Sponge Iron (down 4.5%), Adhunik Metaliks (down 4.4%), Jindal Stainless (down 3.9%) and Ispat Industries (down 3.3%).

The top gainers were Bhuwalka Steel (up 1.7%), Sunflag Iron (up 0.6%) and Tata Steel (up 0.3%).