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Sensex ends up 81 points; M&M zooms 8%
BS Reporter in Mumbai
 
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February 25, 2009 16:29 IST

The Sensex opened 91 points higher at 8,913 on the back of a strong bounce back on the Wall Street. Fresh buying in auto and IT stocks helped the index extend gains and touch a high of 8,995.

The index, however, pared gains towards the close on the back of weakness in select realty and capital goods stocks. The Sensex finally ended with a gain of 81 points at 8,903.

The NSE Nifty ended at 2763, up 29 points.

The BSE Auto index rallied 3% to Rs 2,622, and the IT index surged 2.5% to 2,087.

The market breadth was marginally positive - out of 2,523 stocks traded, 1,228 advanced, 1,190 declined and 105 were unchanged on Wednesday.

INDEX MOVERS...

Mahindra & Mahindra (M&M) zoomed 8% to Rs 318. Tata Motors [Get Quote] soared nearly 6% to Rs 140.

Reliance Infrastructure surged 3.6% to Rs 507. Maruti [Get Quote] rallied over 3% to Rs 663.

TCS [Get Quote], Wipro [Get Quote] and Infosys [Get Quote] gained nearly 3% each at Rs 480, Rs 218 and Rs 1,216, respectively.

Hindalco [Get Quote] and ONGC [Get Quote] moved up 2.5% each to Rs 40 and Rs 697, respectively.

Sun Pharma [Get Quote] advanced nearly 2% to Rs 1,022. Grasim [Get Quote], ICICI Bank [Get Quote], Sterlite and BHEL were up around 1.5% each.

...AND THE SHAKERS

Ranbaxy [Get Quote] plunged 3.5% to Rs 207. HDFC [Get Quote] shed 2.7% at Rs 1,254.

Larsen & Toubro dropped 2% to Rs 612. Reliance Communications [Get Quote] and DLF were down nearly 2% each at Rs 154 and Rs 155, respectively.

VALUE & VOLUME TOPPERS

Educomp Solutions [Get Quote] topped the value chart with a turnover of Rs 164.20 crore followed by Reliance (Rs 122.55 crore), DLF (Rs 113.70 crore), ICICI Bank (Rs 107.70 crore) and Reliance Infrastructure (Rs 94.10 crore).

Satyam [Get Quote] led the volume chart with trades of around 96.63 lakh shares followed by Cals Refineries (79.28 lakh), DLF (72.21 lakh), Unitech (67.52 lakh) and Suzlon Energy [Get Quote] (62.53 lakh).


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