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Mkts shrug off UK terror threat, Sensex up 4pts

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Our Web Bureau Mumbai
The Sensex opened with a positive gap of 30 points at 11,175. The index slipped into the red briefly before bouncing back to a high of 11,213.

A fresh round of selling after reports of a terror threat in UK saw the index slip back into negative zone. The index tumbled to a low of 11,052 - down 161 points from the day's high.

However, the index recouped all its losses, thanks to the strength in the European markets, and ended with a gain of four points at 11,149.

Mid-cap and Small-cap stocks witnessed buying today. While the BSE Mid-cap index moved up 1.4% to 4561, the Small-cap index gained nearly 2% to 5487.

The BSE Bankex and Metal index advanced 1% each to 5103 and 8129, respectively.

The market breadth was fairly positive - out of 2,476 stocks traded, 1,527 advanced, 882 declined and the rest were unchanged today.

Airline stocks ended on a mixed note. While Jet declined 2%, Air Deccan advanced 3%.

INDEX MOVERS & SHAKERS

HDFC rallied 3% to Rs 1,276. Cipla, Hindalco and Wipro surged 2% each to Rs 237, Rs 167 and Rs 516, respectively.

ICICI Bank advanced 1.7% to Rs 600. Bharti Airtel and ACC were up around 1% each at Rs 408 and Rs 875, respectively.

Bajaj Auto dropped over 2.5% to Rs 2,615. Ranbaxy slipped 1.7% to Rs 393.

ITC shed 1.5% to Rs 176. ONGC, Satyam and Reliance Communications were down over 1% each at Rs 1,190,  Rs 757 and Rs 284, respectively.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 124 crore followed by Titan (Rs 90.75 crore), ICICI Bank (Rs 90.20 crore), Century Textiles (Rs 75.43 crore) ad Reliance Capital (Rs 68.60 crore).

Himachal Futuristic led the volume chart with trades of around 50.30 lakh shares followed by Balrampur Chini (47.40 lakh), India Cement (31.12 lakh), G V Films (23.05 lakh) and Bharat Forge (21.78 lakh).

 
 

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First Published: Aug 10 2006 | 4:12 PM IST

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