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Rediff.com  » Business » Sensex ends up 294 points, HDFC surges 8%

Sensex ends up 294 points, HDFC surges 8%

March 24, 2008 17:07 IST
The Sensex opened with a positive gap of 99 points at 15,094. The index touched a high of 15,349, and a low of 15,056. Fresh buying towards the close helped the index end on a firm note at 15,289 - up 294 points.

The BSE Mid-cap index shed 2.7% (158 points) at 5,806, and the Small-cap index dropped 3.8% (272 points) to 6,950.

The BSE Bankex rallied 3.3% (249 points) to 7,744.

The NSE Nifty gained 36 points to finish at 4,610.

The market breadth was extremely negative - out of 2,717 stocks traded, 2,149 declined, 535 advanced and 33 were unchanged on Monday.

Index movers

HDFC zoomed 7.7% (Rs 171) to Rs 2,384. Wipro soared nearly 6% to Rs 399.

HDFC Bank rallied 5.3% to Rs 1,337, and ICICI Bank surged 5% to Rs 805.

Hindustan Unilever advanced 4.3% to Rs 235. ACC gained 3.8% at Rs 805, and Larsen & Toubro has added 3.5% to Rs 2,937.

Bharti Airtel gained 3% at Rs 801. SBI moved up 2.7% to Rs 1,646.

Reliance and ITC were up nearly 2% each at Rs 2,201 and Rs 191, respectively.

Tata Motors, Ambuja Cements and TCS were the other major gainers at Rs 662, Rs 124 and Rs 823, respectively.

And the shakers

Tata Steel slumped 7% to Rs 592.

Reliance Energy plunged 4.6% to Rs 1,151, and DLF shed 4% at Rs 598.

Jaiprakash Associates slipped nearly 2% to Rs 200, and Maruti declined 1.3% to Rs 812.
 
Major Gainers

Major Losers

Name

Close

% Chg

Name

Close

% Chg

Satra Properties 79.05 18.6 S. Kumars Nationwide 83.70 26.7
International Conveyors 171.25 17.3 IOL Netcom 155.65 20.0
DS Kulkarni 156.00 16.9 Champagne India 443.55 20.0
Dabur Pharma 56.55 15.8 Indus Fila 90.25 20.0
Modern Steel 22.05 15.8 Gokak Textiles 80.65 20.0
(Close = Stock pirce at the end of day in Rs)

Most active counters

Reliance topped the value chart with a turnover of Rs 202 crore followed by GSS America (Rs 198.80 crore), Reliance Natural Resources (Rs 190 crore), Reliance Capital (Rs 179.70 crore) and ICICI Bank (Rs 166 crore).

Reliance Natural Resources led the volume chart with trades of around 1.96 crore shares followed by Ispat Industries (1.07 crore), Essar Oil (86 lakh), Reliance Petroleum (86 lakh) and IFCI (75.40 lakh).