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Sensex ends up 194pts; M&M rallies 7%

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BS Reporter Mumbai

The Sensex today opened 15 points higher at 11,149. Thereafter, it slipped into the red and touched a low of 11,070, to come back in the positive zone. Agressive buying towards the end of the session helped the index touch a high of  11,362.

The Sensex finally ended up 194 points, at  11,329.

The market breadth was positive. Out of 2,602 stocks traded, 1,536 advanced and 970 declined. The rest remained unchanged.

The Nifty ended 57 points higher at 3480.75.

INDEX MOVERS

Mahindra & Mahindra rallied 7% to Rs 474. Jaiprakash Associates surged over 6% to Rs 126.

Grasim and Bharti Airtel gained 5.5% each at Rs 1,803 and 748, respectively.

ACC, Reliance Infrastructure, Reliance Communication, Tata Power, SBI, Tata Motors, TCS, HDFC, Larsen & Toubro, ICICI Bank and Sterlite advanced 2-4% each.

...AND SHAKERS

There were only six stocks in the Sensex to end in the red. Ranbaxy was the biggest Sensex loser, down 2.4% at Rs 176. Hindustan Unilever declined nearly 1% to Rs 238.Tata Steel, NTPC, Wipro and Infosys lost under 1% each.

OTHER PROMINENT GAINERS...


Adani Enterprises soared 14.5% to Rs 444. IDBI Bank rallied 13% to Rs 67.

Century Textiles and Videocon advanced 10% each to Rs 236 and Rs 122, respectively.

Aditya Birla Nuvo, Essar Oil, Sintex, LIC Housing Finance and Indian Bank added 7-8% each.

...AND THE LOSERS

Hindustan Copper and Jai Corp shed 5% each at Rs 183 and Rs 194, respectively.

Zee Entertainment, Bajaj Holdings and Investments, Exide Industries, Glenmark and IDFC declined 2-3% each.

Suzlon led the volume charts with trades of 1.46 crore shares followed by GVK Power (1.44 crore), HDIL (1.37 crore), Jaiprakash Associates (76 lakh) and Ispat Industries (64 lakh).

MOST ACTIVE COUNTERS...
Reliance Industrial Infrastructure was the top traded share in value terms at Rs 301 crore. Reliance Industries (Rs 237cr), Reliance Capital (Rs 216cr) and ICICI Bank (Rs 208cr) were the other top traded shares in value.

Unitech was the largest traded share (30.8 million shares), followed by Reliance Natural Resources (18.5 mn), Suzlon (14.7 mn) and HDIL (13.7 mn) and Jaiprakash Associates (7.6 mn).

 

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First Published: Apr 24 2009 | 4:21 PM IST

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