Sensex slips 30pts on late selling

After opening with a positive gap of 22 points, the Sensex rallied to a high of 13,301 - up 114 points. The index, thereafter, exhibited lacklustre movement with a positive bias for the major part of the trading day backed by steady buying in Infosys and HDFC.

Late selling in select stocks like Bajaj Auto, Hero Honda, NTPC and Tata Steel saw the index slip into the negative zone to a low of 13,135 - down 166 points from the day's high.

The Sensex finally settled with a marginal loss of 30 points at 13,157.

The market breadth turned negative towards the close - out of 2,601 stocks traded, 1,390 declined, 1,133 advanced and 78 were unchanged today.

INDEX MOVERS & SHAKERS

HDFC, Gujarat Ambuja and Dr.Reddy's advanced over 2% each to Rs 1,560, Rs 131 and Rs 792, respectively. Hindalco surged 1.8% to Rs 191.

Infosys touched a high of Rs 2,132, and ended 1.5% higher at Rs 2,102.

Bajaj Auto dropped 2.6% to Rs 2,722, and Hero Honda tumbled 2.3% to Rs 743.

Tata Steel, NTPC and BHEL shed 1.7% each to Rs 497, Rs 131 and Rs 2,430.

Reliance Energy, ACC and Larsen & Toubro declined around 1.5% each to Rs 507, Rs 1,005 and Rs 1,322, respectively.

Reliance, Maruti and ITC slipped over 1% each to Rs 1,290, Rs 944 and Rs 189, respectively.

VALUE & VOLUME TOPPERS

Hindustan Zinc topped the value chart with a turnover of Rs 227 crore followed by GE Shipping (Rs 152 crore), Reliance (Rs 134 crore), Jaiprakash Associates (Rs 107 crore) and IVRCL Infrastructure (Rs 92 crore).

Development Corporation Bank led the volume chart with trades of around 1.22 crore shares followed by IFCI (99 lakh), Himachal Futuristic (93 lakh), Welspun Gujarat (48 lakh) and GE Shipping (44.25 lakh).