Advertisement

Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

Sensex ends down 62 points, HUL gains 6%
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
February 08, 2008 16:43 IST
The Sensex opened with a positive gap of 83 points at 17,610. After initial nervousness, the index rallied to a high of 17,689 in early deals.

Considerable weakness in financial heavyweights like HDFC [Get Quote] and ICICI Bank [Get Quote] saw the index drop to a low of 17,203 - down 486 points from the day's high - in noon deals.

Renewed buying in FMCG and technology stocks helped the index recover all losses and rebound into positive zone in mid-noon trades. The index, however, could not hold gains and slipped into negative zone in late trades. The Sensex finally ended with a loss of 62 points at 17,465.

The NSE Nifty was down 13 points at 5,120.

The BSE market breadth was significantly negative - out of 2,801 stocks traded, 2,248 declined today.

INDEX MOVERS...

Hindustan Unilever (HUL) zoomed 6% to Rs 212. ITC gained 2.5% at Rs 197.

Satyam [Get Quote] and Infosys [Get Quote] advanced nearly 5% each to Rs 410 and Rs 1,551, respectively. Wipro [Get Quote] gained 3% to Rs 422, and TCS [Get Quote] added 2% to Rs 900.

Ranbaxy [Get Quote] and Bharti Airtel [Get Quote] advanced 2.3% each to Rs 382 and Rs 882, respectively. SBI [Get Quote] was up 1.7% to Rs 2,191.

...AND THE SHAKERS

HDFC plunged 4.5% to Rs 2,796. DLF and ICICI Bank tumbled around 3.5% each to Rs 817 and Rs 1,067, respectively.

HDFC Bank and Larsen & Toubro dropped around 3% each to Rs 1,446 and Rs 3,527, respectively.

Tata Steel [Get Quote] and Bajaj Auto [Get Quote] shed 2.7% each at Rs 750 and Rs 2,217, respectively.

Mahindra & Mahindra slipped over 2% to Rs 645. Hindalco [Get Quote] declined 1.7% to Rs 161.
 
Major Gainers

Major Losers

Name

Close

% Chg

Name

Close

% Chg

Shri Adhikari78.6013.8Karur KCP Bank56.8014.7
Narmada Gela69.8011.9Valson40.4014.2
Hitech Plast [Get Quote]86.8511.8Jayshree Ch20.6512.1
Ador Multi21.3510.6Mount Shivalik106.8510.9
Nouvea Multi31.5010.0VTM109.0010.7
(Close = Stock pirce at the end of day in Rs)

VALUE & VOLUME TOPPERS

Reliance Natural Resources [Get Quote] topped the value chart with a turnover of Rs 574 crore followed by Reliance Energy [Get Quote] (Rs 408 crore), Reliance (Rs 268 crore), Reliance Petroleum [Get Quote] (Rs 212 crore) and Reliance Communications [Get Quote] (Rs 181.70 crore).


© Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 Email this Article      Print this Article

© 2008 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback