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Day End Report

The Sensex opened with a significant positive gap of 312 points at 9,277 following a double bonanza - RBI cutting rates and the government announcing stimulus package. The index, exhibited range-bound movement with a positive bias for most part of the trading day. Significant weakess in the Reliance counter towards the close saw the index pare gains from a high of 9,432 and slip to a low of 9,096. The Sensex finally ended with a gain of 197 points at 9,163.

The BSE Realty index surged over 5% to 1,781. The Metal index rallied 3% to 4,781, and the Power index gained 2.8% at 1,694.

The market breadth was positive - out of 2,491 stocks traded so far, 1,381 advanced, 1,021 have declined and 89 were unchanged today.

DLF zoomed 8.7% to Rs 221. Tata Steel soared over 7% to Rs 196.

Bharti Airtel and HDFC surged over 5% each to Rs 701 and Rs 1,511, respectively.

Reliance Communications and Wipro rallied 5% each to Rs 207 and Rs 238, respectively. Reliance Infrastructure gained 4% at Rs 554.

Jaiprakash Associates moved up 3.5% to Rs 69. NTPC and ICICI Bank advanced over 3% each to Rs 166 and Rs 370, respectively.

SBI, Grasim and Tata Power were up nearly 3% each at Rs 1,168, Rs 966 and Rs 687, respectively.

Mahindra & Mahindra slipped 1.5% to Rs 248. Tata Motors and Satyam were the only other losers among the index stocks

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