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Volatile Sensex ends flat; DLF soars 7%
BS Reporter in Mumbai
 
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February 18, 2009 16:16 IST

The Sensex opened 96 points lower at 8,938, and soon touched a low of 8,922. The index, thereafter, rebounded into the positive zone led by selective buying in index heavyweights.

While realty and energy stocks witnessed buying on Wednesday, banking stocks were under severe selling pressure. The index moved up a to a high of 9,114, however, slipped back in red towards the close. The Sensex, after a rather volatile day, finally ended with a marginal loss of 20 points at 9,015.

The NSE Nifty ended at 2,776, gaining 6 points.

The BSE Realty index surged over 3% to 1,492, and the Oil & Gas index gained 1.5% at 6,163. On the other hand, the Bankex dropped 2.3% to 4,479, and the Consumer Durables index shed 1.7% at 1,564.

The market breadth was negative - out of 2,493 stocks traded, 1,385 declined, 1,002 advanced and the rest were unchanged on Wednesday.

INDEX MOVERS...

DLF zoomed over 7% to Rs 159. Maruti [Get Quote] rallied 4.5% to Rs 625.

ACC surged over 3% to Rs 563. Reliance [Get Quote] gained 2% at Rs 563.

NTPC, Bharti Airtel [Get Quote], Tata Motors [Get Quote] and Jaiprakash Associates [Get Quote] moved up 1.3% each to Rs 176, Rs 641, Rs 133 and Rs 69, respectively.

BHEL and Grasim [Get Quote] were up 1% each at Rs 1,395 and Rs 1,341, respectively.

...AND THE SHAKERS

HDFC [Get Quote] and Mahindra & Mahindra plunged 4.7% each to Rs 1,364 and Rs 285, respectively.

ICICI Bank [Get Quote] shed 4.3% at Rs 369. Reliance Infrastructure dropped 3.4% to Rs 501.

SBI [Get Quote] slipped 2.7% to Rs 1,071. Hindalco [Get Quote] declined 1.5% to Rs 42, and TCS [Get Quote] was down over 1% at Rs 481.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 250.80 crore followed by Educomp Solutions [Get Quote] (Rs 232.50 crore), Reliance Infrastructure (Rs 188.90 crore), United Spirits [Get Quote] (Rs 138.70 crore) and DLF (Rs 134.50 crore).

Unitech led the volume chart with trades of around 1.26 crore shares followed by Cals Refineries (93.30 lakh), Satyam [Get Quote] (89.20 lakh), DLF (88 lakh)  and Suzlon [Get Quote] (69.75 lakh).


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