5th October_ 2011 Sensex 15792 _-0.46__ Nifty 4751 _-0.44

							                                                                         5th October, 2011
                                                     Sensex 15792 (-0.46%) Nifty 4751 (-0.44%)
Markets had a mixed session in trade, with meaningful gains in the first half on short covering while
resumption of profit booking in second dragged Nifty backed into the red to touch low of 4741.
Banking stocks continued to slide lower, declining 2.5 percent, as the downgrade of SBI continued to
weigh on sentiments already burden under asset quality concerns. Healthcare shares managed to
find favour amongst investors, adding ~1 percent while FMCG also gained ½ a percent. Realty shares
rose on short covering, gaining 0.5 percent. Oil and Gas, Metal shares slipped ½ a percent as
concerns on global demand pushed stocks lower. Europe opened firm helping domestic indices to
close off lows. Midcaps and small caps slipped ~1 percent as investors preferred to remain cautious.
Overall profit booking ahead of holiday tomorrow resulted in a negative close on the bourses.


Banking stocks continued to remain under pressure as heavyweight SBI shed further 4 percent.
Private sector major HDFC Bank, ICICI Bank also closed deep in the red, down ~2.7 percent. ICICI
Bank closed off lows after Moody’s retained its rating at C-. BoB, PNB slipped 1-2 percent each. Axis
Bank erased ¾ of a percent.


Healthcare shares were the top performers in trade adding ~1 percent. Orchid Chem rose 3¾
percent while heavyweights Dr. Reddys, Sun Pharma rose 2-2.5 percent. Lupin, Piramal Healthcare,
Cadilla Healthcare were the other major gainers, advancing 1 percent.


Realty shares rose on short covering, gaining around ½ a percent. DB Realty, DLF, Sunteck Realty
gained 2-4 percent. However HDIL, Unitech were relatively quite, adding 0.2-0.7 percent.


The major gainers on the Nifty were JP Assoc (+4.38%), DLF (+3.24%), Sun Pharma (+2.48%) while
major losers were SBI (-4.22%), Hindalco (-3.80%), BHEL (-3.40%)
Top Gainers
Symbol         Open            High            Low            LTP             Prev          % Change
               Price           Price           Price                         Close
JPASSOCIAT            69.75            72.7            69.7          71.55          68.55               4.38
DLF                   202.9           209.4       202.05               207          200.5               3.24
SUNPHARMA               450            466             450           463.5          452.3               2.48
TATAPOWER                97           99.65            96.1          98.95          96.75               2.27
DRREDDY           1452.1              1496            1450            1480      1451.8                  1.94
RCOM                   71.8           73.95            71.8           72.7          71.35               1.89
ITC                   192.1           197.4           192.1         194.95      191.65                  1.72
CIPLA                   282       283.65              278.1         283.15      279.85                  1.18
IDFC                  109.3           111.1       108.25             110.1      108.85                  1.15
RPOWER                 78.5             80             78.2           79.1          78.25               1.09
Source: NSE




Top Losers
Symbol        Open            High            Low             LTP            Prev           % Change
              Price           Price           Price                          Close
SBIN             1800.1          1812.2               1710          1711.9     1787.2                  -4.22
HINDALCO          126.5          126.95           119.3             120.15       124.9                  -3.8
BHEL             323.75           325.8          309.45              311.5     322.45                   -3.4
JINDALSTEL       460.15                469       441.05              442.1     456.85                  -3.23
ICICIBANK              801             804        761.4             778.35     800.95                  -2.82
KOTAKBANK         441.1          447.85           424.6             429.05     441.35                  -2.79
HDFCBANK         448.95          456.25          436.55              437.5       448.9                 -2.54
RELCAPITAL        327.9           327.9           312.5               316        323.1                  -2.2
WIPRO            336.05          341.85                326          327.45     333.55                  -1.83
MARUTI                1117            1129            1077           1089      1107.9                   -1.7
Source: NSE
Research:
Vikas Salunkhe                               Technical                                     91 22 421 20 935

Swati Hotkar                                 Technical                                     91 22 421 20 938

Hedley Albuquerque                           Fundamental                                   91 22 421 20 934



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