Bulls bounce back… Sensex ends up 256pts
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SensexAfter a dismal performance in the last two days, the Sensex today ended on a bouyant note. The index has shed nearly 700 points in the last two trading sessions.
Tata Steel and Larsen & Toubro surged nearly 6% each at Rs 411.75 and Rs 1,496 respectively.
Tata Motors and Reliance Infrastructure rallied over 5% each at Rs 345 and Rs 1,262.
Jaiprakash Associates moved up 4.7% to Rs 200. Ranbaxy and ITC gained around 3% each to Rs 280 and Rs 200, respectively.
Grasim, Sterlite and Infosys advanced nearly 3% each at Rs 2,242, Rs 607, Rs 1,771.
….AND THE SHAKERS
NTPC declined over 2% to Rs 198.
Tata Power and ACC slipped each to Rs 1,164 and Rs 750, respectively.
OTHER PROMINENT GAINERS…
Suzlon Energy soared 10.5% to 111. Opto Circuits rallied 7.5% to Rs 162. Ispat Industries, Bank of India, Glenmark, Indian Hotels, Financial Technologies, Lanco Infrastructure, Educomp Solutions, Mphasis, Punj Lloyd gained each 6-7%.
…AND THE LOSERS
Akruti City tumbled over 4% to 482. Tata Teleservices, Tech Mahindra, Glaxosmithkline, Religare Enterprise, NTPC, United Spirits, Adani Enterprises, Max India, Nestle dropped each 1-3%.
VALUE &VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 281 crore. It was followed by Suzlon (Rs 259.98 crore), Reliance Capital (Rs 240.35 crore), Unitech (Rs 222.80 crore) and Tata Steel (Rs 212.58 crore).
Cals Refineries led the volume chart with trades of 74 million shares. It was followed by Unitech (28.66 million), Suzlon (24.24 million), Reliance Natural Resources (20.64 million) and Ispat (19.45 million).
The market breadth was marginally positive-out of 2,704 shares, 1,345 advanced and 1,293 declin
Source : Business Standard