This article was first published 19 years ago

Sensex sheds 22 points at close

Last updated on: March 23, 2007 16:36 IST

The Sensex opened with a positive gap 35 points at 13,343, but slipped to a low of 13,197 - down 146 points from the day's open - in the morning deals.

The index, thereafter, exhibited a range-bound movement with a negative bias for most part of the trading session. Some volatility towards the end saw the index rebound and rally to a high of 13,387 - up 190 points from the day's low - and then slip back into negative zone. The Sensex finally ended with a marginal loss of 22 points at 13,286.

The index has now broken its five-week losing streak, and finished the week with a gain of 856 points.

The market breadth was negative today - out of 2,641 stocks traded, 1,513 declined, 1,035 advanced and 93 were unchanged.

Index movers & shakers

ITC dropped 3.5% to Rs 144. Gujarat Ambuja and Tata Motors slipped around 2% each to Rs 105 and Rs 789, respectively.

Reliance Energy shed 1.5% at Rs 485. TCS, HDFC Bank, ONGC, Infosys, ACC and Bajaj Auto were down around 1% each at Rs 1,290, Rs 1,012, Rs 843, Rs 2,097, Rs 746 and Rs 2,543, respectively.

Larsen & Toubro surged 3.8% to Rs 1,632. Cipla gained 2.6% at Rs 241, and BHEL added 2.2% to Rs 2,280.

Dr.Reddy's and HDFC advanced over 1% each to Rs 690 and Rs 1,591, respectively.

Value & volume toppers

Debutant Indiabulls Real Estate topped the value chart with a turnover of Rs 437.15 crore followed by IFCI (Rs 143.65 crore), Century Textiles (Rs 133.30 crore), MindTree Consulting (Rs 122.70 crore) and Reliance (Rs 85.45 crore).

IFCI led the volume chart with trades of around 4.60 crore shares followed by Indiabulls Real Estate (1.25 crore), Reliance Natural Resources (80.10 lakh), Jagjanani (52.10 lakh) and Reliance Petroleum (48.50 lakh).

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