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Sensex gains 70 points at close

Last updated on: May 05, 2005 16:27 IST

After the strong rally yesterday, the Sensex opened with a positive gap of 33 points at 6,322, which also turned out to be the low for the day. After moving in a steady, positive range with gains of 70-80 points, the index moved to a high of 6,391 - a gain of 102 points from the last close - in late noon deals.

Profit-taking at higher levels did pull the index down, but the Sensex finally closed on a strong note at 6,359 - a gain of 70 points (1.11%).

Infosys advanced 3% (Rs 58) to Rs 1,197. While Satyam was up Rs 3 at Rs 413, Wipro gained Rs 6 to Rs 637.

ONGC gained 2.7% (Rs 23) to Rs 859. SBI was up Rs 9 at Rs 616.

Bajaj was firm right through the session, and closed with a gain of over 2% (Rs 24) at Rs 1,110. Hero Honda moved up 2% (Rs 10) to Rs 539.

Tata Motors and Maruti also closed with gains.

Dr. Reddy's gained 3% (Rs 19) to Rs 672. Ranbaxy advanced 3% (Rs 31) to Rs 984.

L&T zoomed 4% (Rs 38) to Rs 1,034. Last-minute buying saw BHEL close with a gain of 1% (Rs 9) at Rs 822.

ICICI Bank was up Rs 10 at Rs 377.

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