Tuesday, 9 October 2007

Sensex rallied 1000 pts from days low, hits 18K

Sensex hits 18000 mark for the first time. It took 8 days to reach the 18K mark from 17K mark. Sensex today also logged the highest intra-day absolute gain ever, rising more than 800 points. Today, the Sensex has rallied more than 1000 points from days low of 17287.



FLOWS
Institutions Flows
Since Sep 26
FIIs (Cash): + $ 3.52 bn
FIIs (FNO): - $ 62.5 mn
FIIs (Net): + $ 3.48 bn
DIIS: - $ 660 m

17-18K
Top 6 stocks have contributed over 70% in 1000 run-up
IT sector has come back after underperforming from 14-17K
Infosys has gained nearly 12% from 17-18K
Midcap and Small-cap Indices did not participate in the rally

Sectoral Indices 16-17K (%) 17-18K (%)
BSE IT -0.18 +7.75
BSE Capital Goods +5.1 +6.6
BSE Oil & Gas +9.9 +3.6
BSE Auto +3.5 +2.1
BSE Bankex +5.6 -0.24
BSE FMCG +0.79 -1.7
BSE Healthcare +0.11 +0.51
BSE Metal +5.15 +5.8

TECK STOCKS
17-18K Returns
Infosys +12%
TCS +5%
Wipro +7%
Satyam +8.3%

CONTRIBUTION
Sensex Movers (Contribution from 17K-18K)
Reliance 185
Infosys 153
Reliance Energy 104
L&T 103
Reliance Comm 94
Bharti Airtel 70
Total 708

SENSEX CHRONOLOGY
18000: 9th Oct 2007
17000: 26th Sep 2007
16000: 19th Sep 2007
15,000: July 6, 07: 15000
14,000: Dec 5, 2006
13,000: Oct 30, 2006
12,000: Apr 20, 2006
11,000: Mar 21, 2006
10,000: Feb 6, 2006
9,000: Nov 28, 2005
8,000: Sep 8, 2005
7,000: June 20t, 2005
6,000: Feb 11, 2000
5,000: Oct 8, 1999

SENSEX JOURNEY
17k-18k: 8 days
16k-17k: 5 days
15k-16k: 53 days
14k-15k: 142 days
13k-14k: 27 days
12k-13k: 136 days
11k-12k: 20 days
10k-11k: 30 days