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Sensex ends down 120 points at 19,128
 
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November 27, 2007 16:37 IST
The Sensex opened with a negative gap of 119 points at 19,129 on the back of weak cues from the global markets. The index managed to touch a high of 19,212 before slipping to a low of 19,019 - a swing of 193 points - in early trades.

The Sensex, thereafter, exhibited range-bound movement for the remaining part of the day, and finally ended with a loss of 120 points at 19,128.

The Nifty lost 34 points to close at 5,698.

The market breadth was negative - out of 2,842 stocks traded, 1,476 declined, 1,300 advanced and 66 were unchanged today.

INDEX SHAKERS...

Bharti Airtel [Get Quote] plunged 3.3% to Rs 917. ICICI Bank [Get Quote] and Reliance Energy [Get Quote] dropped around 2% each to Rs 1,132 and Rs 1,755, respectively.

Maruti [Get Quote] and NTPC slipped 1.5% each to Rs 938 and Rs 235, respectively.

Hindalco [Get Quote] and ACC, also declined 1.5% each to Rs 191 and Rs 1,112, respectively.

Reliance declined over 1% to Rs 2,842. Ranbaxy [Get Quote] was also down 1% at Rs 393.

...AND THE MOVERS

BHEL and Bajaj Auto [Get Quote] surged 2.5% each to Rs 2,673 and Rs 2,653, respectively.

SBI [Get Quote] rallied 1.4% to Rs 2,273. Wipro [Get Quote] and TCS [Get Quote] advanced over 1% each to Rs 458 and Rs 997, respectively.

DAZZLING DEBUT

Mundra Port and Special Economic Zone (SEZ) was listed at Rs 770, a 75% premium to the issue price of Rs 440. The stock soon zoomed to a high of Rs 1,150. The stock finally ended the day with a gain of 119% at Rs 962.

VALUE & VOLUME TOPPERS

Debutant Mundra Port topped the value chart with a turnover of Rs 1,458 crore followed by Essar Oil [Get Quote] (Rs 362 crore), Reliance Petroleum [Get Quote] (Rs 242.70 crore), Jindal Steel (Rs 185.40 crore) and Deccan Aviation [Get Quote] (Rs 143.70 crore).

Ashok Leyland [Get Quote] led the volume chart with trades of around 2.12 crore shares followed by Essar Oil (1.70 crore), Mundra Port (1.48 crore), Ispat Industries [Get Quote] (1.35 crore) and IFCI (1.35 crore).


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