Business Standard

Sensex rallies 461pts on NSG waiver

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BS Reporter Mumbai

The Sensex opened with a bang at 14,978 - up 494 points - on the back of Nuclear Supplers' Group (NSG) waiver which India received over the weekend. The index soon crossed the 15,000-mark and touched a high of 15,107.

Positive cues from other global markets, after the US government decided to buy Fannie and Freddie also boosted the sentiment. The index displayed strength throughout the day with gains across-the-board.

However, selective profit-taking towards the close saw the index pare some gains and touch a low of 14,917. The Sensex finally ended with a significant gain of 461 points at 14,945.

 

The market breadth was fairly positive - out of 2,768 stocks traded, 1,659 advanced, 1,036 declined and 73 were unchanged today.

INDEX MOVERS...

Sterlite zoomed nearly 6% to Rs 622. ICICI Bank and SBI soared nearly 5% each to Rs 721 and Rs 1,592, respectively.

Larsen & Toubro and NTPC surged over 4.5% each to Rs 2,737 and Rs 181, respectively.

HDFC Bank, HDFC, Reliance Infrastructure and Tata Motors rallied around 4.5% each to Rs 1,301, Rs 2,377, Rs 1,058 and Rs 436, respectively.

ITC, DLF and BHEL gained 3.5% each at Rs 197, Rs 512 and Rs 1,791, respectively.

Jaiprakash Assocaites, Ranbaxy and Satyam advanced over 3% each to Rs 173, Rs 464 and Rs 429, respectively.

Grasim and Hindustan Unilever moved up nearly 3% each to Rs 2,012 and Rs 252, respectively.

ONGC, ACC and Relaince are up around 2.5% each at Rs 1,099, Rs 600 and Rs 2,132, respectively.

Infosys, Maruti, TCS, Bharti Airtel, Tata Power and Wipro were up around 2% each.

VALUE & VOLUME TOPPERS

Austral Coke topped the value chart with a turnover of Rs 186.50 crore followed by Reliance Capital (Rs 174 crore), Reliance (Rs 157 crore), Larsen & Toubro (Rs 156.75 crore) and Resurgee Mines (Rs 149.35 crore).

Reliance Natural Resources led the volume chart with trades of over 93.20 lakh shares followed by IFCI (80.25 lakh), Reliance Power (57.70 lakh), IDFC (49.35 lakh) and Balrampur Chini (41.80 lakh).

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First Published: Sep 08 2008 | 6:28 PM IST

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