The Sensex began the final week of the last quarter of fiscal year 2006 with a huge positive gap of 46 points at 10,996. The index went on to hit a new all-time intra-day high of 11,357 before settling with a huge gain of 3% (330 points) at 11,280. The index ended the month with a huge gain of 8.8% (910 points). In the process, the index ended the final quarter of FY06 as the best performing quarter of the fiscal in terms of points gained, i.e a whopping 1,882 points. In percentage terms, it equalled the perfomance with its second quarter ended September 2005 gain of 20%. The index thus ended fiscal year 2006 with a huge gain of 73.7% (4,786 points).Though the rally was broad-based, metal, technology and FCMG stocks out-performed the market this week. The BSE Metal Index soared 10.10% to 8748. The FMCG Index surged nearly 6% to 2192, and the Teck Index was up 4% at 2713.INDEX MOVERS & SHAKERSTata Steel was the major gainer of the week - the stock surged nearly 9% to Rs 536. Bharti Tele zoomed 8%. Hindalco, Ranbaxy, ONGC, Gujarat Ambuja, HLL, Cipla, HDFC Bank, ITC and Wipro were up 5-7% each. ICICI Bank dropped nearly 2% to Rs 589. Tata Power and SBI declined 1.5% each.ITC with a gain of over 5% accounted for 41 points gain of the Sensex. It was followed by Bharti Tele (33 points), ONGC, HLL and Infosys (31 points each). ICICI Bank was the major dragger - the stock shaved-off 16 points off the index. OTHER GAINERS & LOSERSEra Construction zoomed 102% (Rs 292) to Rs 589. Rajesh Exports soared 41% to Rs 323. K M Sugar, Praj Industries, Bharat Gears, Rajshree Sugar, Financial Technologies, Vintage Cards, Asian Electronics, Hindustan Copper, Southern Iron & Steel, Unitech, BF Utilities and Alembic Glass were the other major gainers this week.Simplex Mills plunged 15% to Rs 143. Mastek, BEML, Goetze India, Radha Madhav, India Infoline, AIA Engineering, Todays Writing, KEC International, Goldiam International, Deccan Chronicle declined 8-13% this week.FUND ACTIVITYForeign and local funds were agressive buyers through the week. Foreign institutional investors mopped up shares to the tune of Rs 1,518 crore (gross purchases Rs 10,172 crore; gross sales Rs 8,654 crore) till Thursday. Mutual funds bought shares worth Rs 1,141 crore (gross purchases Rs 3,288 crore; gross sales Rs 2,147 crore).
