The Sensex opened with a huge downward gap of 250 points at 13,856, and soon touched a low of 13,731. Another rise in repo rate and Cash Reserve Ratio by the RBI sparked off heavy sell-off in opening trades.
However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220.
The NSE Nifty ended with a gain of 60 points at 4,251.
The market breadth was marginally positive- out of 2707 stocks traded, 1,370 advanced, 1,264 declined and 73 were unchanged today.
Reliance Communications (RCom) zoomed 7.2% at Rs 509. Tata Steel surged 4.5% at Rs 743. DLF and Reliance Infra gained 4.2% each at Rs 458 and Rs 945, respectively.
TCS and Bharti Airtel advanced 4% each at Rs 877 and Rs 780, respectively. Ranbaxy was up 3.8% at Rs 545. BHEL gained 3.7% at Rs 1,442. Reliance advanced 3.4% to Rs 2,135 and Maruti was up 3.2% at Rs 700.
Hindalco and Ambuja Cements gained over 2% each at Rs 148 and Rs 82, respectively.
HDFC, NTPC and ONGC advanced over 1% each to Rs 1,073, Rs 157 and Rs 864, respectively.
HDFC plunged 4.3% to Rs 2,136. Wipro shed 2.9% at Rs 451.
Cipla, Infosys and ITC tumbled 2.5% each to Rs 206, Rs 1,696 and Rs 182, respectively. Satyam dropped 2% to Rs 437.
However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220.
The NSE Nifty ended with a gain of 60 points at 4,251.
The market breadth was marginally positive- out of 2707 stocks traded, 1,370 advanced, 1,264 declined and 73 were unchanged today.
Reliance Communications (RCom) zoomed 7.2% at Rs 509. Tata Steel surged 4.5% at Rs 743. DLF and Reliance Infra gained 4.2% each at Rs 458 and Rs 945, respectively.
TCS and Bharti Airtel advanced 4% each at Rs 877 and Rs 780, respectively. Ranbaxy was up 3.8% at Rs 545. BHEL gained 3.7% at Rs 1,442. Reliance advanced 3.4% to Rs 2,135 and Maruti was up 3.2% at Rs 700.
Hindalco and Ambuja Cements gained over 2% each at Rs 148 and Rs 82, respectively.
HDFC, NTPC and ONGC advanced over 1% each to Rs 1,073, Rs 157 and Rs 864, respectively.
HDFC plunged 4.3% to Rs 2,136. Wipro shed 2.9% at Rs 451.
Cipla, Infosys and ITC tumbled 2.5% each to Rs 206, Rs 1,696 and Rs 182, respectively. Satyam dropped 2% to Rs 437.
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