This article was first published 17 years ago

Sensex ends up 38 points, Rel Energy zooms 5%

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Last updated on: July 16, 2007 16:44 IST

The Sensex opened with a positive gap of 22 points at 15,295, and soon rallied to a fresh all-time high of 15,341. Profit-taking at higher levels saw the index slip to a low of 15,239 - down 102 points from the peak.

The index, thereafter, exhibited range-bound movement through the day. The Sensex eventually ended with a marginal gain of 38 points at 15,311. NSE Nifty ended up 8 points at 4,512.

While the BSE Bankex advanced 1.3% to 8387, the FMCG and IT indices declined 1% each to 1846 and 4848, respectively.

The market breadth was positive - out of 2,753 stocks traded, 1,485 advanced, 1,210 declined and 58 were unchanged today.

The movers...

Reliance Energy (REL) zoomed 4.5% to Rs 706. SBI and Bajaj Auto gained  nearly 4% each to Rs 1,614 and Rs 2,255, respectivey.

Reliance Communications, Hindalco and Ambuja Cements rallied around 3.5% each to Rs 574, Rs 180 and Rs 133, respectively.

ACC surged 2% to Rs 1,118. ONGC moved up 1.6% to Rs 915, and Grasim added 1% to Rs 2,900.

...and the shakers

Wipro, Satyam, Hindustan Unilever and Ranbaxy slipped over 2% each to Rs 501, Rs 482, Rs 198 and Rs 346, respectively.

BHEL and NTPC shed 1.5% each to Rs 1,659 and Rs 155, respectively.

Cipla dropped 1.3% to Rs 209. Dr.Reddy's, Tata Motors, ITC and HDFC Bank were down around 1% each to Rs 661, Rs 759, Rs 154 and Rs 1,220, respectively.

Value & volume toppers

GMR Infrastructure topped the value chart with a turnover of Rs 248 crore followed by Reliance Communications (Rs 169 crore), Indiabulls Real Estate (Rs 161 crore), India Infoline (Rs 114.50 crore) and SBI (Rs 109 crore).

Bellary Steel led the volume chart with trades of around 1.93 crore shares followed by IFCI (71.80 lakh), Sujana Metal (65.60 lakh), Nagarjuna Fertilisers (57.40 lakh) and Reliance Natural Resources (56 lakh).

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