Advertisement

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

Sensex ends up 197 points, Reliance gains 3%
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
August 31, 2007 10:05 IST
Last Updated: August 31, 2007 16:34 IST

After opening marginally (nine points) higher at 15,131, the Sensex zoomed to a high of 15,351 on the back of aggressive buying in NTPC, Tata Steel [Get Quote], Reliance and auto stocks.

The Sensex finally ended with a gain of 197 points at 15,319. The index thus gained over 6% (894 points) during the week. NSE Nifty ended at 4,457, up 45 points.

The Auto, Healthcare and Metal indices rallied over 2% each to 4878, 3573 and 11,566, respectively.

The market breadth was fairly positive -- out of 2,773 stocks traded, 1,640 advanced, 1,060 declined and 73 were unchanged.

Index Gainers

Mahindra & Mahindra zoomed 5% to Rs 709. Maruti [Get Quote] soared over 4% to Rs 868, and Tata Motors [Get Quote] rallied 3% to Rs 702.

Tata Steel surged 5% to Rs 690. NTPC gained 4.3% at Rs 173.

Ranbaxy [Get Quote] moved up 3.5% to Rs 391. Hindustan Unilever added 3% to Rs 209.

Reliance advanced 2.7% to Rs 1,960. ONGC [Get Quote] and TCS [Get Quote] were up over 2% each at Rs 858 and Rs 1,065, respectively.

SBI [Get Quote], Reliance Energy [Get Quote], BHEL and Reliance Communications [Get Quote] gained around 1.7% each at Rs 1,600, Rs 780, Rs 1,889 and Rs 543, respectively.

ICICI Bank [Get Quote] moved up 1.5% to Rs 885. Cipla and Wipro [Get Quote] were up 1.3% each at Rs 167 and Rs 482, respectively.

Value and Volume Toppers

Reliance topped the value chart with a turnover of Rs 232.40 crore followed by Tata Steel (Rs 129 crore), Nagarjuna Fertilisers (Rs 117.60 crore), SBI (Rs 112 crore) and Puravankara (Rs 111.60 crore).


 Email this Article      Print this Article

© 2007 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback