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Strong pull-back; Sensex ends up 615 points
BS Reporter in Mumbai
 
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July 09, 2008 16:44 IST

The Sensex opened with a positive gap of 231 points at 13,581 on the back of positive cues from the global marekts. Unabated buying through the day helped the index extend gains as the day progressed.

The Sensex rallied to a high of 13,998, and finally ended with a smart gain of 615 points (4.6%) at 13,964.

The BSE Realty index soared 6% to 4,901, and the Bankex surged almost 5% to 6,183.

Advances beat declines in 4:1 ratio - out of 2,725 stocks traded, 2,129 advanced, 527 declined and 69 were unchanged on Wednesday.

The NSE Nifty moved up 169 points to settle at 4,157.

INDEX MOVERS. . .

Reliance Infrastructure zoomed 10.7% to Rs 835, and Jaiprakash Associates [Get Quote] soared 10% to Rs 173.

Tata Motors [Get Quote] rallied 7.5% to Rs 405. ITC surged 6.8% to Rs 184.

Reliance Communications [Get Quote] and TCS [Get Quote] advanced around 6% each to Rs 441 and Rs 876, respectively. HDFC Bank [Get Quote] added 5.7% to Rs 1,059.

BHEL, Reliance, Bharti and Infosys [Get Quote] gained 5% each at Rs 1,575, Rs 2,080, Rs 747 and Rs 1,821, respectively.

Grasim [Get Quote], DLF, ICICI Bank [Get Quote] and Larsen & Toubro, also, have moved up nearly 5% each to Rs 1,752, Rs 450, Rs 622 and Rs 2,513, respectively.

NTPC has added 4.3% to Rs 168. HDFC and Tata Steel [Get Quote] were up over 4% each at Rs 2,095 and Rs 678, respectively.

Mahindra & Mahindra, Ambuja Cements, Maruti [Get Quote] and Wipro [Get Quote] gained around 3.5% each at Rs 534, Rs 77, Rs 589 and Rs 434, respectively.

Satyam [Get Quote], Hindustan Unilever and SBI [Get Quote] were up around 3% each at Rs 482, Rs 216 and Rs 1,239, respectively.

MOST ACTIVE COUNTERS

Reliance Capital [Get Quote] topped the value chart with a turnover of Rs 255.20 crore followed by Reliance (Rs 255 crore), Reliance Infrastructure (Rs 198.30 crore), Reliance Natural Resources [Get Quote] (Rs 183.35 crore) and Mundra Port (Rs 128.35 crore).

Reliance Natural Resources led the volume chart with trades of around 2.58 crore shares followed by IFCI (1.87 crore), Idea Cellular [Get Quote] (1.26 crore), IndusInd Bank [Get Quote] (1.05 crore) and Ispat Industries [Get Quote] (94 lakh).


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