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Sensex ends up 744 points; M&M zooms 23%
BS Reporter in Mumbai
 
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October 31, 2008 16:40 IST

The Sensex opened with a positive gap of 317 points at 9,362, on the back of on-going pull-back in the market. Intra-day profit taking saw the index pare gains during the day, the Sensex however ended on a firm note at 9,788 - up 744 points.

The NSE Nifty ended at 2886, up 189 points.

With Friday's gain, the main index of the Bombay Stock Exchange, the Sensex, gained over 27% (2,091 points) from it's Monday low of 7,697.

However, the index was down almost 24% (3,072 points) for the month, and down nearly 52% (10,499 points) so far this year.

The BSE Metal index surged over 10% to 5,368, and Oil & Gas index soared over 9% to 6,196.
 
The market breath was fairly positve - out of 2,575 stocks traded, 1,577 advanced, 915 declined and the rest were unchanged on Friday.

MAJOR INDEX MOVERS...

Mahindra & Mahindra zoomed 23% to Rs 372.

HDFC [Get Quote] soared 17.5% to Rs 1,765, and Jaiprakash Associates [Get Quote] surged 16.5% to Rs 72.

ICICI Bank [Get Quote] rallied 15.5% to Rs 399. Sterlite gained 14.5% at Rs 282.

Reliance and Reliance Communications [Get Quote] moved up 13.8% each to Rs 1,371 and Rs 221, respectively.

Hindalco [Get Quote] advanced over 13% to Rs 60. Tata Steel [Get Quote] and Tata Power [Get Quote] were up around 12% each at Rs 210 and Rs 690, respectively.

...OTHER INDEX MOVERS
 
Tata Motors [Get Quote] surged over 9% to Rs 172. DLF and BHEL rallied 8.8% each to Rs 220 and Rs 1,282, respectively.

HDFC Bank gained over 8% at Rs 1,024. Satyam [Get Quote] added 7.6% to Rs 305.

Hindustan Unilever advanced 6.6% to Rs 222. Reliance Infrastructure, Wipro [Get Quote] and Infosys [Get Quote] were up around 6% each to Rs 457, Rs 272 and Rs 1,382, respectively.

Larsen & Toubro and Bharti Airtel [Get Quote] gained 5.5% each at Rs 805 and Rs 649, respectively. NTPC was up nearly 5% at Rs 141.

...AND THE SHAKERS

Ranbaxy [Get Quote] slipped 2% to Rs 169. TCS [Get Quote] was down 1% at Rs 537.

MOST ACTIVE COUNTERS

Reliance topped the value chart with a turnover of Rs 435.80 crore followed by Reliance Capital [Get Quote] (Rs 187 crore), ICICI Bank (Rs 170.60 crore), SBI [Get Quote] (Rs 148.40 crore and Reliance Communications (Rs 135.60 crore).

Suzlong led the volume chart with trades of around 1.69 crore shares followed by Hindalco (1.34 crore), Reliance Petroleum [Get Quote] (1 crore), Unitech (85 lakh) and Core Projects (81.37 lakh).


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