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Day End Report

The Sensex opened with a negative gap of 137 points at 15,950 on the back of weak cues from the global markets. Weakness in the first half of the day saw the index slip to a low of 15,869.The index, however, recovered and rebouned into the positive zone in mid-noon trades and touched a high of 16,111 - up 242 points from the day's low. The Sensex, however, could not hold gains and slipped back into red to finish with a loss of 71 points at 16,016.The market breadth was marginally positive - out of 2,774 stocks traded, 1,490 advanced, 1,223 declined and 61 were unchanged today.The NSE Nifty ended almost unchanged at 4,830 - up a point.
Tata Motors dropped 3.5% to close at Rs 655 as analysts raised fears of a possible slowdown in earnings following the company's buy of Jaguar Land Rover brands from Ford for $2.3 billion.Satyam plunged 4.4% to Rs 395.
SBI and Infosys tumbled 3.7% each to Rs 1,650 and Rs 1,441, respectively.
TCS shed 3% at Rs 853. Ranbaxy and Larsen & Toubro slipped 2.7% each to Rs 436 and Rs 2,964, respectively.I
CICI Bank, Reliance and Maruti were down 1% each at Rs 835, Rs 2,275 and Rs 837, respectively.
Hindalco soared 6.6% to Rs 173. Hindustan Unilever surged over 4% to Rs 244.
Cipla rallied nearly 3% to Rs 212. Bharti Airtel, ITC and DLF advanced around 2.5% each to Rs 825, Rs 200 and Rs 674, respectively.
Jaiprakash Associates and Reliance Communications moved up 2.3% each to Rs 231 and Rs 538, respectively.
BHEL gained 1.5% at Rs 1,986, and Mahindra & Mahindra was up 1% at Rs 686.

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