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Sensex nears 18K, ends up 561 points
 
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October 03, 2007 12:37 IST
Last Updated: October 03, 2007 16:59 IST

The Sensex opened with a positive gap of 138 points at 17,467. Steady buying, thereafter, saw the index rally to newer highs as the day progressed. The index touched a fresh all-time intra-day high of 17,953 - just 47 points shy of another milestone of 18,000.

However, a sudden bout of profit-taking at higher levels saw the index slip into red to a low of 17,288 - down 665 points from the peak. The index soon rebounded into the positive zone and recovered most of its lost ground to end at 17,847 -- up 518 points. The NSE Nifty ended at 5211, up 142 points.

The index has now gained a whopping 15% (2,343 points) in the last 11 straight trading sessions.

The BSE Realty index zoomed 6.5% to 9775. While the IT index soared 4% to 4783, the Oil & Gas index surged 3.2% to 9995.

The market breadth was negative - out of 2,849 stocks traded, 1,698 declined, 1,108 advanced and 43 were unchanged today.

INDEX MOVERS...

Reliance Energy [Get Quote] was on a roller-coaster ride. The stock first zoomed 7%, and then plunged over 8% from its previous close, before finishing with a gain of 7.5% at Rs 1,450.

Infosys [Get Quote] soared 5.7% to Rs 2,001. NTPC and Reliance Communications [Get Quote] surged over 5% each to Rs 217 and Rs 643, respectively.

Reliance gained 2.5% at Rs 2,394. BHEL, TCS [Get Quote] and Hindalco [Get Quote] rallied around 4% each to Rs 2,074, Rs 1,080 and Rs 179, respectively.

Wipro [Get Quote] and HDFC [Get Quote] moved up 3.5% each to Rs 471 and Rs 2,594, respectively.

Larsen & Toubro, ICICI Bank [Get Quote], Maruti [Get Quote], Bharti Airtel [Get Quote] and ONGC [Get Quote] advanced nearly 3% each to Rs 2,896, Rs 1,088, Rs 1,020, Rs 969 and Rs 1,025, respectively.

Bajaj Auto [Get Quote], Tata Motors [Get Quote] and Satyam [Get Quote] were up around 2% each at Rs 2,541, Rs 790 and Rs 451, respectively.

...AND THE SHAKERS

Cipla has shed 2% at Rs 185. Ambuja Cements has slipped 1.6% to Rs 145, and Hindustan Unilever was down nearly 1% at Rs 220.

VALUE & VOLUME TOPPERS

Reliance Energy topped the value chart with a turnover of Rs 736.50 crore followed by DLF (Rs 617 crore), Reliance (Rs 567 crore), Reliance Capital [Get Quote] (Rs 443 crore) and Reliance Natural Resources [Get Quote] (Rs 348 crore).


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