The Sensex opened 62 points higher at 9,129 helped by some positive cues from the global markets. The index after extending gains in early trades slipped into red owing to weakness in select frontline stocks.
The index touched a low of 9,041, before bouncing back into green led by fresh buying in cement and select index heavyweights. As the buying gained momentum the index rallied to a high of 9,303 - up 262 points from the day's low. However, a strong wave of profit-taking towards the close saw the index pare gains.
The Sensex finally ended with a gain of 83 points at 9,149.
The market breadth, however, was negative - out of 2,514 stocks traded, 1,339 declined, 1,073 advanced and the rest were unchanged today.
INDEX MOVERS...
Grasim soared over 7% to Rs 1,275, and ACC surged over 5% to Rs 518.
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Maruti rallied 3% to Rs 584. BHEL gained 2.4% at Rs 1,339.
Reliance advanced 2% to Rs 1,303. Wipro, ITC and ICICI Bank added nearly 2% each to Rs 224, Rs 181 and Rs 392, respectively.
ONGC, TCS, Sterlite and Bharti Airtel were up over 1.5% each at Rs 650, Rs 500, Rs 268 and Rs 625, respectively.
...AND THE SHAKERS
DLF slumped over 13% to Rs 133.
Tata Motors tumbled 6.5% to Rs 134. Hindalco dropped nearly 3% to Rs 45.
NTPC shed 2.3% at Rs 177. Mahindra & Mahindra and Tata Steel were down 1% each at Rs 288 and Rs 171, respectively.
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 297.10 crore followed by Spice Telecom (Rs 280.75 crore), Satyam (Rs 204.25 crore), DLF (Rs 181.60 crore) and Reliance Infrastructure (Rs 164.40 crore).
Satyam led the volume chart with trades of around 3.66 crore shares followed by Spice Telecom (3.53 crore), Unitech (1.32 crore), DLF (1.30 crore) and Reliance Natural Resources (1.05 crore).