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Day End Report

Sensex bounced back in the mid-session and closed sharply higher on Friday. Equities jumped into the positive territory on emergence of fresh buying from investors amid short covering by traders.
Earlier in the day, the Sensex plunged by 322 points touching an intraday low of 14,032.87, but bounced back later.
The Sensex closed at 14,656.69, up 300.94 points over yesterday’s close of 14,355.75. The index opened lower at 14,064.26 and later ranged between 14,682.33 and 14,032.87.

Jaiprakash Associates zoomed 8.8% to Rs 170. SBI surged 6.5% to Rs 1,507. HDFC advanced 5.2% at Rs 2,395.
Reliance Industries and Reliance Infra gained 4.9% each at Rs 2,395 and Rs 1,012, respectively. Tata Steel was up 4.5% at Rs 684. Wipro and BHEL advanced around 4.2% each at Rs 434 and Rs 1,750, respectively. Ranbaxy gained 4% at Rs 518. NTPC and Larsen & Toubro were up around 3.8% each at Rs 177 and Rs 2,696, respectively.
Infosys gained 3.3% at Rs 1,636. HDFC Bank and Satyam advanced 2.6% each at Rs 1,124 and Rs 390, respectively.
Bharti Airtel was up 2% at Rs 815. DLF, Grasim, ICICI Bank, TCS and ONGC were the other gainers.

Reliance Communications slumped 12.7% to Rs 436. Tata Power dropped 3.8% at Rs 1,116. Maruti tumbled 2.5% to Rs 560.
Hindustan Unilever lost 1.9% at Rs 235. ACC declined 1.3% to Rs 576.
Tata Motors was down 1.2% at Rs 398. Hindalco and ITC lost less than half per cent.

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