Sensex ends down nearly 100 points, REL gains 3%

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Sensex ends down nearly 100 points, REL gains 3%

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September 17, 2007 10:14 IST
Last Updated: September 17, 2007 16:25 IST
The Sensex opened with a positive gap of 61 points at 15,665. After touching a high of 15,726 in morning trades, the index slipped into red owing to weakness in technology stocks.

As selling spread to other counters, the index tumbled to a low of 15,467 - down 259 points from the day's high. Fresh buying helped the index cut the loss, and finally close with a loss of 99 points at 15,504.

The BSE IT index slipped 1.4% to 4387. The FMCG index was up nearly 1% at 2091.

The market breadth was almost neutral - Out of 2,812 stocks traded, 1,381 advanced, 1,365 declined and 66 were unchanged today.

INDEX SHAKERS...

TCS [Get Quote] shed 2.5% to Rs 997. Satyam [Get Quote] slipped 2% to Rs 422, and Infosys [Get Quote] dropped over 1% to Rs 1,806.

Reliance Communications [Get Quote] declined 2.3% to Rs 531, and Bharti Airtel [Get Quote] was down 2% at Rs 814.

NTPC and HDFC [Get Quote] dropped 1.5% each to Rs 183 and Rs 2,183, respectivelyt. ICICI Bank [Get Quote] declined 1.3% to Rs 895.

...AND THE MOVERS

Reliance Energy [Get Quote] surged nearly 3% to Rs 908. Maruti [Get Quote] moved up 1% to Rs 874.

VALUE & VOLUME TOPPERS

GMR Infra topped the value chart with a turnover of Rs 136.50 crore followed by Iwind Energy (Rs 125 crore), Reliance Energy (Rs 121.80 crore), IFCI (Rs 115.30 crore) and United Spirits [Get Quote] (Rs 104.60 crore).


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