Market summary for 16th Jan.
>> Friday, January 16, 2009
The Sensex ended sharply positive as it rallied during the last hour of the trade. Sustained buying was seen in index pivotals. Oil & gas gained the most followed by power and metal stocks, while realty stocks dropped.
BSE Midcap and Smallcap index rose 0.53% and 0.07% respectively.
Among the sectoral indices, BSE Oil & gas soared 5.09%, Power surged 4.29%, Metal rose 3.45%, while Realty declined 2.39%.
The 30-share index, BSE Sensex opened with a gain of 78.91 points, at 9,125.65 on Friday and proceeded to trade higher through the day.
The Sensex ended the day with a gain of 276.85 points, or 3.06% at 9,323.59 after touching a high of 9,342.47 and a low of 9,125.65. The broad-based NSE Nifty climbed 91.75 points, or 3.35% at 2,828.45 after hitting a high of 2,835.65 and a low of 2,724.20.
Major gainers in the 30-share index were NTPC (7.69%), Reliance Energy (7.34%), Reliance Industries (6.56%), Tata Power Company (4.89%), Reliance Communications (4.79%), and Bharti Airtel (4.77%).
On the other hand, DLF (3.51%), Tata Consultancy Services (1.38%), Grasim Industries (1.11%), ACC (0.27%), and Maruti Suzuki India (0.22%) were the biggest losers in the Sensex.
Overall market breadth was sharply positive. Out of the total 2,497 stocks traded at BSE, 1,241 advanced, 1,162 declined while 94 remained unchanged.
| Indices Trend | |||
| | Sensex | | Nifty |
Period | Value | % Change | Value | % Change |
1 Week | 9,586.88 | (2.75) | 2,920.40 | (3.15) |
1 Month | 9,976.98 | (6.55) | 3,041.75 | (7.01) |
3 Months | 9,975.35 | (6.53) | 3,074.35 | (8.00) |
6 Months | 13,635.40 | (31.62) | 4,092.25 | (30.88) |
1 Year | 17,605.35 | (47.04) | 5,208.80 | (45.70) |
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