WHAT A RALLY! The Sensex opened with a negative gap of 34 points at 13,894, and dropped to a low of 13,850 in morning deals on weak global cues. And then the Reddy magic happened...After RBI Governor announced that there are no rate hikes in the Credit Policy for 2007-08, the markets took off... After hitting a high of 14, 197 (an intra-day gain of 347 points), the Sensex finally closed with a gain of 208 points (1.5%) at 14,136.The BSE Bankex zoomed over 4% to 7161. The BSE Auto Index gained 1.7% to 4882.The broad market mood was netural - out of 2,627 scrips traded, 1,279 declined and 1,273 advanced today.INDEX GAINERS & LOSERSSBI led the rally from the front, and the stock zoomed nearly 7% (Rs 73) to Rs 1,133. ICICI Bank gained 3.7% to Rs 950, and HDFC Bank moved up 2.6% to Rs 1,014. Auto scrips also aided the upmove today. Maruti added 3.5% to Rs 794. Tata Motors was also up 3.5% at Rs 743. Bajaj was up 1.7% at Rs 2,449.HLL was up over 2% at Rs 207. Reliance and ONGC gained 1.7% each to Rs 1,580 and Rs 949, respectively.Tech scrips ended weak on rupee hitting a new high of around 41.50/dollar today. Wipro dropped over 2% to Rs 554. While TCS was down 1.6% to Rs 1,226, Satyam slipped 1% to Rs 475, Infosys was down a notch at Rs 2,058.MOST ACTIVE COUNTERSTata Steel was the most active counter with a turnover of Rs 241 crore followed by Indiabulls Real Estate (Rs 226 crore), SBI (Rs 176 crore), Unitech (Rs 156 crore) and HDFC Bank (Rs 130 crore).
