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Monday, September 13, 2010

Weekly: Sensex, Nifty gains 3% each


It was the short and sweet week for the bulls as the Nifty managed to scale up 2.9% and Sensex advanced by 3.2% during the week. Indian benchmark indices managed to outperform the world markets led by a rally seen in the large cap stocks. Better-than-expected US monthly jobs report acted as a sentiment booster for Dalal Street.



Sensex intra-week high of 18,823 and low of 18,124

Nifty intra-week high of 5,647 and low of 5,608

Sensex top gainers: The top gainers in the Sensex were Tata Steel (up 9.7%), ACC (up 9.4%), Ambuja Cements (up 8.4%), SBI (up 7.6%) and Hindalco (up 7%).

Sensex top Losers: The top losers in the Sensex were Reliance Infra (down 2.1%), Ranbaxy (down 1.5%), ITC (down 1%), Reliance Power (down 0.8%) and Hero Honda Motor (down 0.2%).

The BSE IT Index (up 3.7%): The top gainers in the IT sector were TCS (up 4.5%), Infosys (up 4.2%), Mphasis (up 3.1%), Sasken Communication (up 2.7%) and OFSS (up 2.7%).

Patni Computer ended lower by 0.5% during the week.

The BSE Consumer Index: The top gainers in the Consumer Durables sector were Whirlpool (up 7.4%), Blue Star (up 4.9%), Su-Raj Diamonds (up 4.5%), Samtel Color (up 3.4%), Videocon Industries (up 0.4%).

The BSE Healthcare Index (up 1%): The top gainers in the Pharma space were Wockhardt (up 14.8%), Suven Life Science (up 6.9%), Zandu Pharma (up 5.9%), IPCA Labs (up 4.7%) and Astrazeneca Pharma (up 3.5%).

The top losers were Morepen Labs (down 2.2%), Aurobindo Pharma (down 1.6%), Ranbaxy Labs (down 1.5%), Panacea Biotec (down 0.6%) and Orchid Chem (down 0.3%).

The BSE Banking Index (up 4.1%): The top gainers in the banking space were SBI (up 7.6%), Federal Bank (up 7.5%), Canara Bank (up 5.5%), Bank of India (up 5.4%) and ICICI Bank (up 4.9%).

Karnataka Bank lost 2.7% during the week.

The BSE Auto Index (up 1.4%): The top gainers in the auto space were Swaraj Mazda (up 7.1%), Hindustan Motors (up 4%), M&M (up 4%), Maruti Suzuki (up 3.4%) and Bajaj Auto (up 1.7%).

The top losers in the auto space were Ashok Leyland (down 4.4%), Eicher Motors (down 0.7%) and Hero Honda (down 0.2%).

The BSE Oil & Gas Index (up 2.1%): The top gainers in the oil & gas space were Gujarat NRE Coke (up 5.4%), Hindustan Oil (up 4.6%), Reliance Industries (up 3.5%), HPCL (up 3.2%) and Great Offshore (up 2.6%).

The top losers were IOC (down 3.4%), Cairn India (down 2.9%), Jindal Drilling (down 2.4%), GSPL (down 2.2%) and BPCL (down 2.1%).

The BSE Capital Goods Index (up 2.4%):The top gainers in the Capital Goods space were Gammon India (up 7.4%), BEML (up 6.3%), Lakshmi Machine (up 6.2%), Carborundum Univ (up 6.1%) and Elgi Equipments (up 4.3%).

The top losers were HEG (down 1.5%), Bharat Electronics (down 1.4%), Areva T&D (down 0.9%) and Jyoti Structures (down 0.4%).

The Cement Sector: The top gainers in the cement sector were Ultratech Cement (up 11.5%), Prism Cement (up 10.9%), Madras Cements (up 9.5%), ACC (up 9.4%) and Dalmia Cement (up 8%).

The Telecom Sector: The top gainers in the telecom space were Gemini Comm (up 10.5%), Idea Cellular (up 7.6%), Shyam Telecom (up 6.5%), WWIL (up 3.2%) and Bharti Airtel (up 3.2%).

The Realty Sector (up 2.1%): The top gainers in the real estate space were Sobha Developers (up 5.9%), HDIL (up 4.5%), Peninsula Land (up 3.8%), Ansal Props (up 3.1%) and Omaxe (up 2.9%).

The Metals sector (up 5.3%): The top gainers in the metals sector were Tata Sponge (up 16%), Tata Steel (up 9.7%), Lloyds Metals (up 9.4%), Monnet Ispat (up 8.4%) and Ispat Industries (up 8.3%).