rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Sensex ends flat; NTPC, HDFC shine

Sensex ends flat; NTPC, HDFC shine

January 09, 2008 16:14 IST

The Sensex opened with a positive gap of 30 points at 20,903. But, weakness in overseas markets saw the index soon slip into the negative zone. The index dropped to a low of 20,701 - down 202 points from the day's open.

Fresh buying at lower levels helped the index recoup losses and rebound into the positive zone. The buying momentum was so strong that the index rallied past the 21,000-mark to hit a fresh all-time intra-day high of 21,113 - up 413 points from the day's low.

The index, however, could not hold gains as a fresh round of profit-taking dragged the index into red. The Sensex finally ended almost flat 20,870 - down three points.

The market breadth was fairly negative - of 2,912 stocks traded, 2,128 declined, 766 advanced and 18 were unchanged today.

Index movers...

NTPC soared 4.5% to Rs 277. HDFC surged 3.5% to Rs 3,174.

Reliance Communications gained 2% at Rs 821. Hindalco and HDFC Bank rallied 1.7% each to Rs 212 and Rs 1,745, respectively.

DLF and Grasim moved up 1.5% each to Rs 1,169 and Rs 3,451, respectively.

Reliance Energy was up over 1% at Rs 2,565.

...and the shakers

Mahindra & Mahindra plunged 2.7% to Rs 808.

BHEL dropped 2% to Rs 2,444. ONGC, ICICI Bank and Ranbaxy slipped 1.7% each to Rs 1,299, Rs 1,310 and Rs 412, respectively.

ACC and Maruti declined 1.5% each to Rs 970 and Rs 926, respectively.

ITC was down over 1% at Rs 228. 

Major Gainers

Major Losers

Name

Close

% Chg

Name

Close

% Chg

Rollatainers

20.70

20.0

Multibase

53.00

16.4

Sahara One

758.50

20.0

Alfred Herb

474.00

10.0

Sel Manuf

166.35

20.0

Transworld

130.10

10.0

Excel Inds

91.10

20.0

Simmond

149.50

10.0

Kei Inds

159.15

19.3

Ajani Synth

131.85

10.0

(Close = Stock pirce at the end of day in Rs)

Value & volume toppers

Reliance Natural Resources topped the value chart with a turnover of Rs 701.70 crore followed by Reliance Capital (Rs 369.30 crore), Reliance Petroleum (Rs 331.80 crore), Reliance Communications (Rs 308.50 crore) and Reliance Energy (Rs 222 crore).

Himachal Futuristic led the volume chart with trades of around 3.18 crore followed by Reliance Natural Resources (2.95 crore), Ispat Industries (1.82 crore), Centurion Bank of Punjab (1.55 crore) and Cybermate Inf (1.49 crore).
Source: