The Sensex today opened with a negative gap of 116 points at 14,755 on weak global cues. The index slipped further into the red to a low of 14,599. However, the President's remarks on investments in infrastructure bouyed the index up. The index rebounded and touched the day's high of 15,026, up 427 points from the low.
The Sensex finally ended at 15,009, up 138 points.
Broader markets outperformed with the BSE Mid-cap and Small-cap indices gaining 2.2% each to 5,466 and 6,525, respectively.
Among the sectotal indices, Realty continued last month's gains and surged 3% to 4,117. Metal was hit the most with a loss of over 2% at 11,700.
The market breadth was fairly positive - out of 2,873 stocks traded, 2,130 advanced while 688 declined.
INDEX MOVERS...
Ranbaxy surged 6% to Rs 283. Sun Pharma gained 4% at Rs 1,306. Hindustan Unilever and Reliance Infrastructure added 3.5% each to Rs 249 and Rs 1,273, respectively.
Larsen & Toubro and DLF advanced over 3% each. Maruti Suzuki, Reliance Communications, Grasim, Jaiprakash Associates, ACC, Tata Motors, Bharti AIrtel, ICICI Bank and HDFC moved up 2% each.
BHEL, TCS and HDFC Bank were up 1 per cent each.
...AND SHAKERS
Sterlite slumped 6% to Rs 661. Hindalco and Tata Steel slipped 3.5% each to Rs 90 and Rs 471, respectively.
Wipro, Infosys, Mahindra & Mahindra and Tata Power were the major losers.
OTHER PROMINENT GAINERS..
Jaiprakash Hydropower zoomed 21% to Rs 89. Max India soared 14% to Rs 231.
Torrent Power and MMTC rallied 10% each to Rs 157 and Rs 31,098, respectively.
IDBI Bank, TTML, Lanco Infrastructure, Tata Communications and IRB Infratech added 8-10% each.
...AND OTHER LOSERS
Nalco, United Spirits, Bharat Forge, MphasiS, Titan, Chennai Petroleum slipped around 3.5% each.
GE Shipping, Ambuja Cement, Ashok Leyland, United Phosphorus and Cairn India were also down.
VALUE & VOLUME TOPPERS
The value chart was led by Suzlon with a turnover of Rs 435.68 crore, followed by Reliance Capital (Rs 342.21 crore), Reliance Natural Resources (Rs 304.82 crore), Reliance (Rs 255.52 crore), and Unitech (Rs 239.93 crore).
Reliance Natural Resources topped the volume chart with trades of 33.34 million shares. It was followed by Suzlon (33.04 million), Ispat Industries (28.78 million), Unitech (25.03 million) and GVK Power & Infrastructure (22.74 million).
