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Sensex ends up 38 points at 17,329
 
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October 01, 2007 17:10 IST
The Sensex opened with a positive gap of 66 points at 17,357. After advancing to higher levels the index slipped into red to a low of 17,145 - down 146 points from the previous close.

However, agressive buying in PSU and cement stocks helped the index rebound into the positive zone. The buying momentum was so strong that the index rallied to a fresh all-time intra-day high of 17,425 - up 280 points from the day's low.

Some profit taking towards the end, saw the index pare gains and finally settle with a gain of 38 points at 17,329. The NSE Nifty ended at 5,069, up 48 points.

The BSE Mid-cap index advanced 1.4% to 7529, and the Small-cap index added nearly 1% to 9185.

The market breadth was positive - out of 2,840 stocks traded, 1,636 advanced, 1,131 declined and 73 were unchanged today.

INDEX MOVERS...

Reliance Energy [Get Quote] zoomed 12% to Rs 1,349 following the company's board approval to go for a public issue with its subsidairy Reliance Power. NTPC soared 6.5% to Rs 206.

Reliance Communications [Get Quote] rallied 4.5% to Rs 612. ONGC [Get Quote] surged 4% to Rs 997.

Cipla gained 3.5% at Rs 189. Ambuja Cements and Grasim [Get Quote] moved up 2.5% each to Rs 147 and Rs 3,600, respectively.

Dr.Reddy's, Ranbaxy [Get Quote] and Hindustan Unilever advanced around 1.5% each to Rs 658, Rs 441 and Rs 222, respectively.

ACC and Mahindra & Mahindra were up over 1% each at Rs 1,210 and Rs 759, respectively.

...AND THE SHAKERS

SBI [Get Quote] plunged 3% to Rs 1,894. HDFC Bank [Get Quote] slipped 2.5% to Rs 1,404.

Bajaj Auto [Get Quote], BHEL and ITC dropped around 2% each to Rs 2,484, Rs 1,990 and Rs 186, respectively.

TCS [Get Quote] shed 1.7% to Rs 1,039. Wipro [Get Quote] and Tata Steel [Get Quote] were down over 1% each to Rs 454 and Rs 841, respectively.

MOST ACTIVE COUNTERS

Reliance Energy topped the value chart with a turnover of Rs 557 crore followed by Reliance Capital [Get Quote] (Rs 493 crore), Reliance Natural Resources [Get Quote] (Rs 282 crore), Reliance (Rs 204.60 crore) and Reliance Communications (Rs 190.70 crore).


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