Dented by Infy results

STOCK REPORT

The Sensex plunged during intra-day trades before making a come back just before the closing hours. The index was affected by the disappointing first quarter results of IT heavyweight Infosys Technologies.

The benchmark BSE Sensex ended 2.79 per cent lower at 7303.95 after a sharp 86 points leap from the intra-day low of 7217.60. The Nifty gained a marginal 1.95 points to end up at 2220.80.

The breadth of the market turned negative with 1,342 stocks declining against 1,147 stocks advancing. Of the 30 shares in the Sensex basket, 16 ended positive. Volumes accounted for Rs 3,617.57 crore on the BSE and Rs 7,756.03 crore on the NSE.

Among the big gainers in frontline stocks, Tata Motors was up 4.05 per cent to Rs 466.60, ICICI Bank was up 3.17 per cent to Rs 466.85, Hero Honda was up 2.69 per cent to Rs 607.55, ITC gained 2.32 per cent to Rs 1,743.85, ACC ended 2.16 per cent higher to close at Rs 421.25, Cipla was 2.15 per cent high at Rs 325.65 and Maruti Udyog closed 2.14 per cent higher at Rs 456.45.

Among the indices, the BSE Consumer Durables index was the biggest gainer, up 4.37 per cent to 2331, followed by the BSE FMCG index, up 1.28 per cent and the BSE Bankex up 1.27 per cent to 4259.95.

The major losers among the indices, the BSE IT index lost 2.74 per cent and the BSE Teck index lost 1.61 per cent.

The top gainers in the Consumer Durables index, JL Morison was up 13.09 per cent to Rs 244.85, Godrej Consumer Goods was up 5.69 per cent to Rs 362.30, Proctor & Gamble was up 1.22 per cent to Rs 680.40, Colgate was up 1.09 per cent to Rs 245.25 and HLL was up 0.38 per cent at Rs 158.65.

Among the top losers in this group were""Henkel Spic, down 1.70 per cent to Rs 28.95, Vashisti Detergents, down 1.57 per cent to Rs 13.75 and Rayban Sun Opticals, down 1.33 per cent at Rs 74.30.

Among the top gainers in the information technology sector, CyberTech Systems was up 9.96 per cent to Rs 20.32, Zensar Technology was up 4.86 per cent to Rs 186.55, Moschip was up 4.46 per cent to Rs 42.15, NIIT Technology was up 3.91 per cent to Rs 166.20 and Axis IT was up 3.75 per cent at Rs 20.75.

Among the top losers in this sector were""Geodesic Information, down 6.88 per cent to Rs 170.60, Infosys Technology, down 4.12 per cent to Rs 2,219.95, Atcom Technology, down 3.49 per cent to Rs 11.07, Aztec Software, down 3.40 per cent to Rs 119.30 and Datamatics Technology, down 3.22 per cent to Rs 106.60.

The top gainers in the banking sector were Bank of Baroda, up 4.42 per cent to Rs 215, Bank of India, up 3.41 per cent to Rs 112.05, ICICI Bank, up 3.17 per cent to Rs 466.85, Centurion Bank, up 2.67 per cent to Rs 14.98 and Canara Bank, up 2 per cent at Rs 237.15.

Among the top losers in this sector were Federal Bank, down 4.21 per cent to Rs 186.45, Dhanlaxmi Bank, down 3.72 per cent to Rs 29.75, J&K Bank, down 3 per cent to Rs 426.30 and Bank of Rajasthan, down 2.76 per cent to Rs 52.75.

Among the top gainers in the automobile sector, HMT was up 11.52 per cent to Rs 50.35, Escorts was up 5.43 per cent to Rs 101.90, Hindustan Motors was up 4.25 per cent to Rs 35.60, Tata Motors was up 4.05 per cent to Rs 466.60 and Hero Honda was up 2.69 per cent at Rs 607.55.

Among the top losers were""Kinetic Motors, down 1.92 per cent to Rs 58.80, Premier Auto, down 1.88 per cent to Rs 39.20, Mahindra & Mahindra, down 1.88 per cent to Rs 593.80, Ashok Leyland, down 1.18 per cent at Rs 25.20 and Bajaj Auto, down 1.01 per cent to Rs 1,384.35.

Foreign institutional investors were net buyers of Indian shares worth Rs 462.50 crore on Monday, while domestic mutual funds were net sellers of Rs 111.10 crore.