The Sensex opened with a huge negative gap of 292 points at 15,684 on weak global cues. Follow-up selling saw the index slide to a low of 15,362 - down 614 points from the previous week.
Buying in select counters helped the index stage a smart recovery. As buying spread to other counters, the index moved up to a high of 15,998 - up 636 points from the day's low.
The Sensex finally ended the day with a marginal loss of 52 points at 15,924.
The NSE Nifty recovered sharply from the day's low of 4,621 and touched a high of 4,815. The index finally finished with a gain of 29 points at 4,800.
The BSE market breadth was fairly negative - out of 2,708 stocks traded, 1,911 declined, 753 advanced and 44 were unchanged on Monday.
Index movers
Bharti Airtel zoomed 8.6% to Rs 816. Bajaj Auto and Tata Steel gained over 5% each to Rs 1,990 and Rs 812, respectively.
ACC added over 4% at Rs 765, and DLF gained 3.5% at Rs 681.
Reliance Communications rallied 2.6% to Rs 558. SBI and HDFC Bank advanced over 2% each to Rs 1,883 and Rs 1,313, respectively.
Ambuja Cements and ONGC moved up around 1.5% each to Rs 121 and Rs 968, respectively.
Reliance was up over 1% at Rs 2,273.
And the shakers
Larsen & Toubro dropped 8.7% to Rs 2,729. BHEL tumbled 5.7% to Rs 1,910.
Maruti declined 4.4% to Rs 892, and Satyam dropped 3.4% to Rs 409.
Wipro was down nearly 3% to Rs 403. ICICI Bank and HDFC shed 2.5% each at Rs 871 and Rs 2,565, respectively.
TCS declined nearly 2% to Rs 830. Hindustan Unilever dropped 1.5% to Rs 223.
| Major Gainers |
Major Losers | ||||
| Name |
Close |
% Chg |
Name |
Close |
% Chg |
| State Trading Corporation | 1,046.70 | 20.0 | ABC India | 34.80 | 18.4 |
| English Indian Clay | 838.80 | 20.0 | Orion Paper | 19.00 | 14.8 |
| Multibase | 38.20 | 19.9 | Mayur Leathers | 24.75 | 14.4 |
| JMA Industries | 228.00 | 19.7 | Geojit Finance | 44.45 | 13.8 |
| Ashim Investments | 73.05 | 18.6 | Subex | 186.10 | 13.6 |
| (Close = Stock pirce at the end of day in Rs) | |||||
Value and volume toppers
Reliance Natural Resources topped the value chart with a turnover of Rs 424.70 crore followed by Reliance (Rs 347 crore), Reliance Petroleum (Rs 335.50 crore), Larsen & Toubro (Rs 322.50 crore) and Essar Oil (Rs 245 crore).
Reliance Natural Resources led the volume chart with trades of around 4.22 crore shares followed by Reliance Petroleum (2.14 crore), Ispat Industries (1.67 crore), Essar Oil (1.10 crore) and IFCI (92.60 lakh).
