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Day End Reort

After opening 33 points lower at 10,305, the Sensex slipped to a low of 10,116 - down 222 points - in early trades. The index thereafter recovered and displayed lacklustre movement for most of the noon session.
However, a fresh round of buying in late noon trades saw the index rally to a high of 10,668 - up 552 points. The Sensex finally ended with a gain of 293 points at 10,631.

The BSE Realty index surged over 12% to 2,402. The Bankex rallied 6.6% to 5,741, and the Power index gained 5.7% at 1,781. The BSE IT index, however, slipped 4.3% to 2,750.

The market breadth was fairly positive - out of 2,655 stocks traded, 1,809 advanced, 777 declined and the rest were unchanged today.

DLF zoomed nearly 15% to Rs 290. Ranbaxy and Jaiprakash Associates soared nearly 10% each to Rs 209 and Rs 89, respectively.

Tata Power surged 8.3% to Rs 751. Reliance Communications and ITC rallied 7.7% each to Rs 251 and Rs 171, respectively.

ONGC gained over 7% at Rs 761. ICICI Bank, SBI and Tata Steel advanced 6.5% each to Rs 459, Rs 1,321 and Rs 240, respectively.

BHEL moved up 5.5% to Rs 1,413. Bharti Airtel and Mahindra & Mahindra were up over 4% each at Rs 717 and Rs 400, respectively.

HDFC Bank, Hindustan Unilever and Larsen & Toubro are up around 3.5% each at Rs 1,111, Rs 246 and Rs 923, respectively.

Satyam and TCS slumped 7.5% each to Rs 278 and Rs 508, respectively.

Wipro plunged nearly 5% to Rs 263, and Infosys shed 3.3% at Rs 1,333.

Sterlite slipped 2% to Rs 289, and ACC was down 1% at Rs 506.

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Day End Report

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...

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