News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 14 years ago
Rediff.com  » Business » Sensex regains 12,000-mark after 7 months

Sensex regains 12,000-mark after 7 months

By BS Reporter in Mumbai
Last updated on: May 04, 2009 16:40 IST
Get Rediff News in your Inbox:

The Sensex opened with a positive gap of 232 points at 11,635 on the back of strong global cues.

Agressive buying in metal, IT and banking stocks helped the index cross the 12,000-mark after seven months and touched a days high of 12,162.

The Sensex finally ended with gain of 731 points at 12,135. The NSE Nifty ended at 3,654, up 180 points.

The market breadth was positive - out of 2,612 stocks traded, 1,771 advanced, 760 declined and 71 were unchanged on Monday.

INDEX MOVERS

Sterlite skyrocketed 16.5% to Rs 477. Hindalco zoomed 14% to Rs 61.25. Mahindra & Mahindra and HDFC surged 13% each to Rs 550 and Rs 1,958, respectively.

ICICI Bank soared 11% to Rs 529. Tata Steel and Wipro rallied over 10% each to Rs 263 and Rs 365, respectively.

ITC, HDFC Bank, Larsen & Toubro and Infosys advanced over 8% each.

Reliance Infrastructure, TCS, SBI, Reliance Communications, Tata Motors, Jaiprakash Associates, Reliance, BHEL and Maruti Suzuki gained 3-8% each.

Ranbaxy, ONGC, Hindustan Unilever and NTPC were the other major gainers, however, there were no losers among the Sensex stocks today.

Other prominent gainers...

HCL advanced around 19% to Rs 154. It was followed by  Pantaloons, Sintex Industries, Financial Technologies, Voltas and IVRCL Infrastructures added 11-14% each.

...And the losers

Educomp Solutions declined around 4% to Rs 2,377. It was followed by Sterling Biotech, Jain Irrigation, ABB and Everest Kanto shed 3-2% each.

VALUE & VOLUME TOPPERS

Reliance topped the value charts with a turnover of Rs 258.18 crore, followed by ICICI Bank (252.36 crore), Educomp Solutions (153.13 crore), Reliance Capital (151.81 crore) and Unitech (151.49 crore).

Cals Refinery led the voliume charts with 71.35 million shares traded on the BSE. This was followed by Unitech (31.48 million), Reliance natural Resources (12.13 million), IDFC (9.92 million) and Suzlon (9.29 million).

Get Rediff News in your Inbox:
BS Reporter in Mumbai
Source: source
 

Moneywiz Live!