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Sensex ends above 16,000, DLF gains 10%

March 11, 2008 17:46 IST
The Sensex opened with a negative gap of 146 points at 15,778, and dropped to a low of 15,739 in early deals.

Buying at lower levels helped the index rebound into positive zone, and display positive bias for the rest of the day.

The Sensex touched a high of 16,168 - up 429 points from the day's low - and finally ended with a gain of 199 points at 16,123.

The NSE Nifty ended 66 points higher at 4,866.

The BSE market breadth was fairly positive - out of 2,747 stocks traded, 2,109 advanced, and 605 declined on Tuesday.

Index movers

DLF zoomed over 10% to Rs 749. Larsen & Toubro gained nearly 7% at Rs 2,917.

ACC added 5.7% at Rs 811. Ranbaxy and Bajaj Auto gained over 4.5% each at Rs 453 and Rs 2,076, respectively.

BHEL and NTPC was up over 4% each at Rs 1,993 and Rs 193, respectively.

Reliance moved up around 3% to Rs 2,347.

Reliance Energy gained over 2% to Rs 1,287.

...And the shakers

Maruti and Satyam dropped 3% each to Rs 866 and Rs 396, respectively.

HDFC, Cipla and Wipro shed 2.5% each at Rs 2,501, Rs 196 and Rs 392, respectively.

Tata Motors and ICICI Bank slipped around 2% each to Rs 658 and Rs 854, respectively.
 
Major Gainers

Major Losers

Name

Close

% Chg

Name

Close

% Chg

Renuka Sugar 1,160.00 31.4 Network 18 310.00 13.2
English Indian Clay 1,006.55 20.0 Amani Trading 249.45 10.0
Permanent Magnets 24.00 20.0 Oscar Investments 134.65 10.0
Jaibala Industries 386.15 20.0 Poddar Pigments 36.50 10.0
Loyal Textile 192.35 20.0 Shervani Industrial 51.50 10.0
(Close = Stock pirce at the end of day in Rs)

Value and volume toppers

Reliance Energy topped the value chart with a turnover of Rs 594.50 crore followed by Reliance Natural Resources (Rs 319.50 crore), GSS America (Rs 313 crore), Reliance Petroleum (Rs 280.40 crore) and Reliance (Rs 208.50 crore).

Reliance Natural Resources led the volume chart with trades of around 2.81 crore shares followed by Ispat Industries (1.70 crore), Reliance Petroleum (1.65 crore), Nagarjuna Fertilisers (83.60 lakh) and IFCI (67.55 lakh).