Advertisement
Help
You are here: Rediff Home » India » Business » Business Headline » Report
Search:  Rediff.com The Web
  Advertisement
      Discuss  |             Email   |         Print  |  Get latest news on your desktop

Sensex ends up 230 points; Rel Infra soars 11%
BS Reporter in Mumbai
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
   
  Advertisement
November 07, 2008 16:30 IST

The Sensex opened 103 points lower at 9,631 on the back of negative cues from the US markets. The index, however, soon rebounded into the positive zone and touched a high of 9,850.

The index, thereafter, exhibited range-bound movement in the first half of the day. Renewed buying interest in the second half of the trading day, amid recovery in other Asian markets, saw the index move up to higher levels.

The index rallied to a high of 10,065 - up 434 points from the day's open. The Sensex finally ended with a gain of 230 points at 9,964.

The NSE Nifty is trading at 2973, up 80 points.

The market breadth was positive - out of 2,616 stocks traded, 1,426 advanced, 1,114 declined and the rest were unchanged on Friday.

INDEX MOVERS...

Reliance Infrastructure zoomed 11% to Rs 561. Hindalco [Get Quote] soared 6.6% to Rs 60.

Reliance Communications [Get Quote] surged 5.5% to Rs 228, and TCS [Get Quote] rallied nearly 5% to Rs 525.

NTPC and Jaiprakash Associates [Get Quote] moved up 4.7% each to Rs 151 and Rs 88, respectively.

Reliance gained 4% at Rs 1,218. DLF, ITC and Sterlite advanced around 3.5% each to Rs 281, Rs 175 and Rs 246, respectively.

Satyam [Get Quote], ACC and Wipro [Get Quote] were up around 3% each at Rs 278, Rs 479 and Rs 260, respectively.

...AND THE SHAKERS

Mahindra & Mahindra slipped nearly 2% to Rs 372.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 292.70 crore followed by Suzlon [Get Quote] (Rs 183.75 crore), SBI [Get Quote] (Rs 160 crore), Reliance Capital [Get Quote] (Rs 151.71 crore) and ICICI Bank [Get Quote] (Rs 123.50 crore).

Suzlon led the volume chart with trades of around 2.73 crore shares followed by GVK Power (2.23 crore), Reliance Natural Resources [Get Quote] (1.11 crore), HDFC [Get Quote] (87.15 lakh) and Tata Teleservices [Get Quote] (79.35 lakh).


       Email  |        Print   |   Get latest news on your desktop

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