Friday, January 16, 2009

Sensex ends up 277pts; NTPC, Reliance surge

The Sensex opened 79 points higher at 9,126 backed by a recovery in global markets. Steady buying therafter, mainly in the enery and metal stocks, helped the index display firm trend today.

The Sensex touched a high of 9,342 at the fag end of the day, and finally ended with a gain of 277 points (3%) at 9,324.

However, the BSE Mid-cap index was up a mere 0.5% at 3,027, and the Small-cap index ended a tad higher at 3,413.

The Oil & Gas index surged 5% to 5,934, and the Power index rallied 4.3% to 1,767. The Metal index gained 3.5% at 4,995. The Realty index, however, slipped 2.4% to 1,724.

The market breadth was marginally positive - out of 2,497 stocks traded, 1,241 advanced, 1,162 declined and the rest were unchanged today.

INDEX MOVERS...
NTPC soared 7.7% to Rs 180. Tata Power surged nearly 5% to Rs 773.

Reliance Infrastructure rallied 7.3% to Rs 541. Reliance gained 6.5% at Rs 1,218, and Reliance Communications moved up 4.8% to Rs 183.

Bharti Airtel gained 4.8% at Rs 633. ONGC, ICICI Bank and Hindalco moved up 3.7% each to Rs 648, Rs 424 and Rs 50, respectively.

BHEL and Tata Steel advanced over 3% each to Rs 1,398 and Rs 204, respectively.

...AND THE SHAKERS
DLF plunged 3.5% to Rs 195. TCS and Grasim slipped over 1% each to Rs 503 and Rs 1,280, respectively.

VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 266.50 crore followed by Satyam (Rs 152.85 crore), Reliance Capital (Rs 120.85 crore), Reliance Infrastructure (Rs 115.45 crore) and Educomp Solutions (Rs 103.75 crore).

Satyam led the volume chart with trades of around 6.15 crore shares followed by Unitech (2.60 crore), Reliance Natural Resources (1.65 crore), Bank of Baroda (1.24 crore) and Suzlon Energy (69.30 crore).

Soruce: http://www.business-standard.com/india/news/sensex-ends277pts-ntpc-reliance-surge/18/15/53045/on

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