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Sensex down 89 points at 13,607
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April 17, 2007 09:38 IST
Last Updated: April 17, 2007 16:35 IST

The Sensex opened with a positive gap of 37 points at 13,733, and touched a high of 13,756 before slipping into negative zone on profit-taking in technology stocks.

The index attempted a pull-back and sneaked into positive zone in mid-noon trades, but eventually dropped to a low of 13,581 - down 175 points from the day's high.

The Sensex finally settled with a loss of 89 points at 13,607 after gaining 582 points in the last two sessions.

The Nifty lost 28 points to close at 3,985.

The BSE IT index dropped 2.5% to 5023. The FMCG and Metal indices were down over 1% each at 1800 and 9437, respectively.

The breadth was negative - out of 2,631 stocks traded, 1,463 declined, 1,085 advanced and 83 were unchanged today.

Techies Down

Technology stocks witnessed profit-taking today following the recent gains. Satyam tumbled nearly 5% to Rs 456. TCS shed over 2% to Rs 1,250. Infosys and Wipro slipped also over 2% each to Rs 2,082 and Rs 574, respectively.

Tata Motors dropped 2.6% to Rs 730. Cipla slipped 2.3% to Rs 230.

Maruti declined 2% to Rs 762, and ITC dropped 1.6% to Rs 156.

HLL, NTPC, ONGC, Hindalco and Reliance Communications were down around 1% each at Rs 211, Rs 157, Rs 891, Rs 143 and Rs 433, respectively.

Bajaj Auto rallied 2.7% to Rs 2,548. ACC surged 2.5% to Rs 807, and Gujarat Ambuja gained 1.3% at Rs 114.

Reliance advanced over 1% to Rs 1,476.

Most Active Counters

ICRA topped the value chart with a turnover of Rs 926 crore followed by CESC (Rs 165.40 crore), Reliance (Rs 154 crore), Tata Steel (Rs 116.20 crore) and TCS (Rs 85.25 crore).

ICRA also led the volume chart with trades of around 89.75 lakh shares followed by IFCI (87.30 lakh), G V Films (84.30 lakh), Bellary Steel (82.35 lakh) and Tata Teleservices (76.85 lakh).
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