Sensex Day Report : Nirmal Bang Securities

SensexMarkets consolidated after two days of strong rally and ended flat. The Sensex ended the day at 14250 down just 3 points after witnessing a swing of 323 points between day's high/low of 14,493 and 14,169. The Nifty touched the 4300 mark in early trade and couldn't sustain at higher levels and ended the day at 4,231 down just 2 points after seeing a swing between 4305 and 4205. Among the broader indices - the BSE Mid-Cap index was up 0.89% and the BSE Small-Cap index was up 0.84%. Buying was seen in auto, oil & gas, healthcare and consumer durable stocks. The market breadth was positive throughout the day and the total traded turnover was higher by 19% at Rs 95,168 cr. as against Rs 80,071 cr.

Movers & Shakers

The BSE auto index rose 1.9 % and Bajaj Auto, Maruti Suzuki, Tata Motor and Hero Honda were the biggest gainers up 3-5%.

The oil & gas index on the BSE also gained 1.8 %. GAIL, RPL and RIL were the major gainers in the pack up over 2-3 % each.

In the power pack, Lanco Infratech, Reliance Infra, GMR Infra, Torrent Power, Tata Power and GVK Power lost 1-5.5% while NTPC surged 2.96%.

The BSE capital goods index ended 1.6 % lower. L&T was biggest losers down 3.6 % to Rs 1,378. The company announced that its order inflow fell 22 % in Q1 June 2009 over Q1 June 2008. Siemens, Punj Lloyd were down more then 1%.

Mahindra Holiday's and resorts ended the day at 317 over the initial public offer price of Rs 300 on its debut today. It hit a high of Rs 339 and low of Rs 311 on the BSE.

Among the Sensex scrips, Sterlite Industries was the biggest loser. The stock fell 6 % to Rs 590. Reliance Infra, JP Associates and L&T were the other losers down over 3.5 % each.

However, Maruti Suzuki, RIL and Hero Honda were the gainers up over 3 % each.