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Sensex ends at a new high of 18,814
 
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October 11, 2007 16:37 IST
The Sensex opened with a positive gap of 39 points at 18,697. Volatility in morning trades (mainly on account of weakness in technology stocks) saw the index drop to a low of 18,537 - down 160 points from the day's open.

Steady buying in other sectors like auto, capital goods and metals helped the index rally in late noon deals to an all-time, intra-day high of 18,833 - up 296 points from the day's low.

The Sensex finally ended, close to the day's high, at a record 18,814 - up 156 points from the previous close.

The Nifty gained 83 points to close at 5,525.

The BSE PSU index soared over 3% to 10,726. The Auto, Capital Goods, Metal and Realty indices surged 2.7% each to 5604, 17,088, 14,833 and 10,214, respectively. The IT index slumped 5.5% to 4767.

The market breadth was a tad negative - out of 2,804 stocks traded, 1,374 declined, 1,359 advanced and 71 were unchanged today.

INDEX MOVERS...

Mahindra & Mahindra zoomed nearly 8% to Rs 814, and ONGC [Get Quote] soared nearly 6% to Rs 1,066.

Grasim [Get Quote] and BHEL surged around 4% each to Rs 3,800 and Rs 2,421, respectively.

ACC and Larsen & Toubro gained 3.5% each at Rs 1,260 and Rs 3,487, respectively.

Hindalco [Get Quote], Tata Motors [Get Quote] and ITC rallied over 3% each to Rs 176, Rs 830 and Rs 190, respectively.

HDFC Bank [Get Quote] advanced 2.5% to Rs 1,456. Reliance Communications [Get Quote] and Bharti Airtel [Get Quote] added over 2% each to Rs 741 and Rs 1,096, respectively.

ICICI Bank [Get Quote] rallied 2% to Rs 1,090. NTPC moved up 1.8% to Rs 222.

Maruti [Get Quote] and Ranbaxy [Get Quote] were up around 1.5% each at Rs 1,119 and Rs 431, respectively.

...AND THE SHAKERS

Satyam [Get Quote] slumped 7.5% to Rs 448. Infosys [Get Quote] plunged 7% to Rs 1,976. TCS [Get Quote] dropped 4.7% to Rs 1,072, and Wipro [Get Quote] shed 3% to Rs 488.

Cipla slipped over 1% to Rs 191.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 604.80 crore followed by Power Grid (Rs 577.40 crore), Infosys (Rs 483.50 crore), Reliance Capital [Get Quote] (Rs 386.50 crore) and Reliance Communications (Rs 337 crore).

Power Grid led the volume chart with trades of around 5.22 crore shares followed by Reliance Natural Resources [Get Quote] (2.11 crore), IFCI (2 crore), Reliance Petro (Rs 1.73 crore) and Ispat Industries [Get Quote] (1.24 crore).


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