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Late selling drags Sensex down 41 pts

 
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June 15, 2007 10:07 IST
Last Updated: June 15, 2007 17:06 IST

Buoyant trend in global markets saw the Sensex open with a positive gap of 74 points at 14,278. All round buying saw the index rally to a high of 14,327. The index, thereafter, exhibited range-bound movement for major part of the trading.

Selling emerged in the last hour of trades and the index slipped into the negative zone. Heavy selling towards the fag end of the day saw the index slide to a low of 14,113 - down 214 points from the day's high.

The Sensex finally ended with a loss of 41 points at 14,163.

The NSE Nifty closed a mere 1 point up at 4,171.

The market breadth was marginally positive - out of 2,569 stocks traded, 1,273 advanced, 1,212 declined and 84 were unchanged today.

Movers & Shakers

BHEL soared 3% to Rs 1,389. Maruti [Get Quote] surged 1.6% to Rs 741.

Larsen & Toubro and Tata Motors [Get Quote] advanced 1.2% each to Rs 1,948 and Rs 650, respectively.

Ranbaxy [Get Quote] and Reliance Energy [Get Quote] were up 1% each at Rs 374 and Rs 532, respectively.

Tata Steel [Get Quote] and HDFC [Get Quote] shed 2.3% each to Rs 600 and Rs 1,785, respectively.

NTPC tumbled nearly 2% to Rs 151. Grasim [Get Quote] and Hindalco [Get Quote] dropped 1.7% each to Rs 2,389 and Rs 161, respectively.

TCS [Get Quote] and Satyam [Get Quote] slipped around 1.5% each to Rs 1,184 and Rs 483, respectively.

Reliance and Dr.Reddy's were down 1% each at Rs 1,680 and Rs 632, respectively.

Value & Volume Toppers

MIC Electronics topped the value chart with a turnover of Rs 155 crore followed by Reliance (Rs 128.70 crore), Indiabulls Real Estate [Get Quote] (Rs 127.50 crore), ICRA (Rs 112.80 crore) and Reliance Capital [Get Quote] (Rs 89.50 crore).

IFCI led the volume chart with trades of around 1.40 crore shares followed by G V Films [Get Quote] (1 crore), IQMS Software [Get Quote] (57.35 lakh), IKF Technologies [Get Quote] (50.80 lakh) and Reliance Natural [Get Quote] (45.65 lakh).


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