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Day End Report

The Sensex opened with a positive gap of 126 points, and soon touched a high of 17,272. Profit-taking at higher levels forced the index pare gains and slip into the negative zone.
The index after gyrating between zones drifted to a low of 16,979 - down 293 points from the day's high - as the day progressed. The Sensex finally ended with a loss of 110 points at 17,016.
The market breadth was marginally negative - out of 2,740 stocks traded, 1,371 declined, 1,297 advanced and 72 were unchanged today.
The NSE Nifty shed 22 points to close at 5,090.
Reliance Energy surged 5% to Rs 1,426.
Jaiprakash Associates rallied over 2% to Rs 251.
Reliance Communications and HDFC Bank advanced 1.3% each to Rs 585 and Rs 1,518, respectively.
Cipla plunged over 4% to Rs 215. Tata Steel dropped over 3% to Rs 778.
ICICI Bank shed 2.3% at Rs 895. ACC and Maruti slipped 2% each to Rs 767 and Rs 722, respectively.
Wipro declined 1.8% to Rs 458, and Hindalco shed 1.5% at Rs 186.
Infosys, Ambuja Cements and Reliance were down 1.3% each at Rs 1,665, Rs 113 and Rs 2,592, respectively.
HDFC moved up 1% to Rs 2,720.

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