Markets:
Tails up and headlong into 2005
Mumbai: The benchmark BSE Sensex gained 80.15 points
to provide a thumping farewell to the year 2004, finishing
at a record high of 6602.69 points. The Nifty put on 20.70
points to end at 2080.50 points. This marks the second
time in as many years that the Sensex has ended the last
day of the calendar year in positive terrain.
Market Gainers
Infosys Technologies, Reliance Industries, ICICI Bank,
UCO Bank, State Bank of India, HDFC Bank, Oriental Bank
of Commerce, Punjab National Bank, Bank of Baroda, Canara
Bank, Bank of Punjab, Bank of Maharashtra, United Western
Bank, State Bank of Mysore, State of Bikaner, State Bank
of Travancore, Bharati Shipyard, Balaji Telefilms, New
Delhi Television Ltd (NDTV), TV Today, Orchid Chemicals
and Pharma, Glenmark, Matrix Labs, BHEL, Siemens, Bharat
Electronics, Alfa Laval, Havell's India, Zodiac Clothing,
Gammon India, Astra Microwave, AstraZeneca, Mercator Lines,
Sundaram Clayton, Hindustan Motors, Essar Oil, MRPL, Motherson
Sumi, Max India, Zodiac JRD MKJ, Vishal Exports, Vindhya
Telelinks, Kochi Refineries, MphasiS BFL
Market Losers
Indian Hotels, Taj GVK, EIH, Oriental Hotels, Thomas Cook,
ABB, Kirloskar Oil Engines, LMW, Eimco Elecon
Market
Counters
BSE 30
Figures in Rupees
Gain (+) / Loss (-)
ACC |
338.70 |
+5.05 |
Bajaj
Auto |
1,131.45 |
+4.25 |
Bharti
Televentures |
215.60 |
+4.30 |
BHEL |
769.90 |
+22.90 |
Cipla |
317.25 |
+6.00 |
Dr.
Reddys Laboratories |
865.30 |
+15.85 |
Grasim
Industries |
1,322.35 |
+25.15 |
Gujarat
Ambuja |
401.55 |
+6.10 |
HDFC |
766.10 |
+9.95 |
HDFC
Bank |
518.85 |
-2.45 |
Hero
Honda Motors |
571.10 |
+4.90 |
Hindalco
Industries Limited |
1,426.80 |
-19.20 |
Hindustan
Petroleum Corp |
400.50 |
-0.30 |
HLL |
143.50 |
-0.65 |
ICICI
Bank |
370.75 |
+7.00 |
Infosys
Technologies |
2,089.00 |
+39.70 |
ITC |
1,309.80 |
+14.25 |
Larsen
& Toubro Limited |
982.00 |
-2.55 |
Maruti
Udyog |
461.25 |
+3.70 |
ONGC |
819.55 |
+2.60 |
Ranbaxy
Labs |
1,251.40 |
+19.60 |
Reliance
Energy |
524.40 |
-0.05 |
Reliance
Industries |
533.80 |
+10.50 |
Satyam
Computer Services |
409.90 |
+5.70 |
State
Bank Of India |
652.45 |
+19.10 |
Tata
Motors |
505.15 |
+8.15 |
Tata
Power |
390.55 |
+10.60 |
TISCO |
385.45 |
+0.45 |
Wipro |
748.00 |
+2.10 |
Zee
Telefilms |
171.10 |
+0.15 |
Other
Dwarikesh
Sugar offered at Rs65 listed in excess of 100 per
cent at Rs133.55
Indraprastha Gas Ltd (IGL) up 5 per cent at Rs91.45
State Bank of Bikaner and Jaipur in 5 per cent
upper circuit at Rs2,534
State Bank of Travancore up 5.87 per cent at Rs3235
State Bank of Mysore up 16.97 per cent at Rs2,163.90
Orchid Chemicals and Pharmaceuticals up
12.18 per cent at Rs295.75
Max India in 20 per cent upper circuit at Rs 320.35
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Markets
2004: Striking the high notes
Mumbai: The BSE Sensex crossed another milestone
of 6600 and gives clear indications that the bulls will
go charging into 2005 with their tails up.
The heavy inflows from FIIs have kept the undertone bullish
for the larger part of the year. The FIIs have pumped
in $8.51 billion (Rs38,965 crore) into the equity market
during the year compared to $6.59 billion (Rs30,458 crore)
during the previous year.
After a considerable gap, large-sized IPOs hit the primary
market, and received a rapturous response from the investors.
2004 indeed marked the revival of the primary markets
after a long time, for it had gone into a slumber for
a considerable period of time.
Another distinctive feature of the markets for the year
2004 has been the emergence of the mid-cap and small cap
stocks as a strong area of investor activity.
The bulls go charging into 2005 following the scent of
continued FII inflows, tax and financial sector reforms
and robust industrial activity.
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2004:
FIIs pump in $8 billion
New Delhi: More than $8 billion or Rs35,000 crore
has been pumped into the Indian share market in the last
twelve months, by the existing and the additional 140
Foreign Institutional Investors who have stepped into
the Indian markets this year.
With the Dow giving only 6 per cent returns compared to
40 per cent by the Sensex, the operators abroad have turned
towards India in the last six months. India is now one
of the best performers in Asia be it the economy, stock
markets or the industry.
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