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Sensex ends up 38 points, Rel Energy zooms 5%
 
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July 16, 2007 08:21 IST
Last Updated: July 16, 2007 16:44 IST

The Sensex opened with a positive gap of 22 points at 15,295, and soon rallied to a fresh all-time high of 15,341. Profit-taking at higher levels saw the index slip to a low of 15,239 - down 102 points from the peak.

The index, thereafter, exhibited range-bound movement through the day. The Sensex eventually ended with a marginal gain of 38 points at 15,311. NSE Nifty ended up 8 points at 4,512.

While the BSE Bankex advanced 1.3% to 8387, the FMCG and IT indices declined 1% each to 1846 and 4848, respectively.

The market breadth was positive - out of 2,753 stocks traded, 1,485 advanced, 1,210 declined and 58 were unchanged today.

The movers...

Reliance Energy [Get Quote] (REL) zoomed 4.5% to Rs 706. SBI [Get Quote] and Bajaj Auto [Get Quote] gained  nearly 4% each to Rs 1,614 and Rs 2,255, respectivey.

Reliance Communications [Get Quote], Hindalco [Get Quote] and Ambuja Cements rallied around 3.5% each to Rs 574, Rs 180 and Rs 133, respectively.

ACC surged 2% to Rs 1,118. ONGC [Get Quote] moved up 1.6% to Rs 915, and Grasim [Get Quote] added 1% to Rs 2,900.

...and the shakers

Wipro [Get Quote], Satyam [Get Quote], Hindustan Unilever and Ranbaxy [Get Quote] slipped over 2% each to Rs 501, Rs 482, Rs 198 and Rs 346, respectively.

BHEL and NTPC shed 1.5% each to Rs 1,659 and Rs 155, respectively.

Cipla dropped 1.3% to Rs 209. Dr.Reddy's, Tata Motors [Get Quote], ITC and HDFC Bank [Get Quote] were down around 1% each to Rs 661, Rs 759, Rs 154 and Rs 1,220, respectively.

Value & volume toppers

GMR Infrastructure [Get Quote] topped the value chart with a turnover of Rs 248 crore followed by Reliance Communications (Rs 169 crore), Indiabulls Real Estate [Get Quote] (Rs 161 crore), India Infoline [Get Quote] (Rs 114.50 crore) and SBI (Rs 109 crore).

Bellary Steel led the volume chart with trades of around 1.93 crore shares followed by IFCI (71.80 lakh), Sujana Metal (65.60 lakh), Nagarjuna Fertilisers (57.40 lakh) and Reliance Natural Resources [Get Quote] (56 lakh).


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