Moderate rise in inflation rates, which rose to 11.98 per cent for the week ended July 19, mainly dampened the trading sentiments of the Sensex, which had gained 564 points in the previous two trading sessions.

The index moved in a range of 646 points between 14,032 (low) and 14,667 (high) before finally settling with a gain of 301 points at 14,657.

The Nifty ended with a gain of 81 points at 4414.

The market breadth was marginally positive - out of 2,732 stocks traded, 1,548 advanced, 1,110 declined and 74 were unchanged on Friday.

THE MOVERS...

Jaiprakash Associates [Get Quote] zoomed 8.8% to Rs 170. SBI [Get Quote] surged 6.5% to Rs 1,507. HDFC [Get Quote]  advanced 5.2% at Rs 2,395.

Reliance Industries [Get Quote] and Reliance Infra gained 4.9% each at Rs 2,395 and Rs 1,012, respectively. Tata Steel [Get Quote] was up 4.5% at Rs 684. Wipro [Get Quote] and BHEL advanced around 4.2% each at Rs 434 and Rs 1,750, respectively. Ranbaxy [Get Quote] gained 4% at Rs 518. NTPC and Larsen & Toubro were up around 3.8% each at Rs 177 and Rs 2,696, respectively.

Infosys [Get Quote] gained 3.3% at Rs 1,636. HDFC Bank and Satyam [Get Quote] advanced 2.6% each at Rs 1,124 and Rs 390, respectively.

Bharti Airtel [Get Quote] was up 2% at Rs 815. DLF, Grasim [Get Quote], ICICI Bank [Get Quote], TCS [Get Quote] and ONGC [Get Quote] were the other gainers.

...AND INDEX SHAKERS

Reliance Communications [Get Quote] slumped 12.7% to Rs 436. Tata Power [Get Quote] dropped 3.8% at Rs 1,116. Maruti [Get Quote] tumbled 2.5% to Rs 560. 

Hindustan Unilever lost 1.9% at Rs 235. ACC declined 1.3% to Rs 576.

Tata Motors [Get Quote] was down 1.2% at Rs 398. Hindalco [Get Quote] and ITC lost less than half per cent.

MOST ACTIVE COUNTERS

Reliance Communications topped the value chart with a turnover of Rs 631.04 crore followed by Reliance Natural Resources [Get Quote] (Rs 375.37 crore), Reliance Capital [Get Quote] (347.75 crore), Reliance (Rs 297.09 crore) and Larsen and Toubro (186.81 crore)

Reliance Natural Resources led the volume chart with trades of around 3.78 crore shares followed by IFCI (2.28 crore shares), Ispat Industries [Get Quote] (2.04 crore shares), Cybermate (2.02 crore shares) and Reliance Communications (1.44 crore shares)