Stock Watch .... 26/08/09

The Sensex today opened 55 points lower at 15,574 mirroring weak global markets. The index went to a low of 15,423, down 206 points from the previous close.

The bench-mark index however managed to erase all its losses and rebounded into the positive terrain to touch a high of 15,735 on the back of fresh buying. The Sensex moved in the range of 312 points and finally ended the day at 15,688, up 60 points (0.38%).

All the sectoral indices barring bankex and PSU ended in green. The BSE IT and the consumer durables added around 2% each to 4,134 and 3,216, respectively.Oil&gas and healthcare indices were up 1% each.

The market breadth was marginally positive, out of 2,816 shares traded, 1,676 advanced and 1,066 declined so far on the BSE.

Stock Watch.....

ICSA India
Allied Digital Services
Tanla Solutions
Resurgere Mines and Minerals India Ltd
Northgate Technologies Ltd
Venus Remedies
Geodesic
Info Edge (India) Ltd
Sharon Bio-Medicine Ltd

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