Sensex ends down 120 points, NTPC zooms 7%

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Sensex ends down 120 points, NTPC zooms 7%

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January 03, 2008 16:20 IST
The Sensex opened on a weak note at 20,404 - down 61 points, but moved up to a high of 20,520 in early noon deals.

Selling in scrips like Bharti, ICICI Bank [Get Quote] and Grasim [Get Quote] saw the index drop to a low of 20,294 in late noon deals.

The Sensex finally closed with a loss of 120 points at 20,345. The NSE Nifty ended flat at 6,178.

The Sensex had hit an all-time high of 20,529 in noon deals yesterday before closing with a gain of 164 points at 20,465.

The BSE Power Index zoomed over 3% (148 points) to 4806 today. The BSE PSU Index was up over 2% at 11,011.

Market breadth was bullish - out of 2,954 scrips traded, 1,610 logged gains today.

Index Losers...

ICICI Bank declined 3% to Rs 1,228. ITC also slipped 3% to Rs 214.

Grasim dropped 4% to Rs 3,604. ACC and Ambuja Cements also declined today.

TCS [Get Quote] and Wipro [Get Quote] slipped 3% each to Rs 1,018 and Rs 496, respectively. Infosys [Get Quote] declined 2% to Rs 1,713.

.....And Gainers

NTPC zoomed 7.5% to Rs 277.

Reliance Energy [Get Quote] advanced over 6% (Rs 152) to Rs 2,517.

ONGC [Get Quote] moved up nearly 3% to Rs 1,306.

HUL added 3% to Rs 223. Reliance was 1.4% at Rs 2,903.

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