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Bulls fight back; Sensex surges 461pts
BS Reporter / Mumbai June 9, 2009, 16:18 IST

SensexAfter Monday's massive 500-point plunge, the Sensex today opened 47 points lower at 14,619.

 
 
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After slipping to a low of 14,527, the Sensex made a spectacular recovery, and closed above the psychological 15,000-point mark.

Strong buying in realty, metals and IT stocks led the market rally to a high of 15,161, up 495 points.

The Sensex finally ended at 15,127, up 461 points.

The BSE Realty index advanced over 6% to 3,830.

The IT , Metal, Consumer Durables and Capital Goods indices were up 4-5% each.

The breadth improved towards the end of the day, out of 2,826 shares traded, 1,494 advanced and 1,290 declined today.

INDEX MOVERS....

DLF zoomed 10% to Rs 403. Jaiprakash Associates surged 8% to Rs 224.

Reliance Communication soared over 7% to Rs 332.

Larsen & Toubro, Ranbaxy and Mahindra & Mahindra advanced around 6.5% each to Rs 1,574, Rs 283 and Rs 742, respectively.

TCS, Tata Power and  Tata Steel have added 5-6% each to Rs 782, Rs 1,140 and Rs 438, respectively.

Hindalco, ACC, Wipro, SBI, Reliance, ITC, Infosys, Maruti, Reliance Infrastructures, Hindustan Unilever and ICICI Bank were up 1.5%-5% each.

...AND THE LOSERS

There were no major losers, only Grasim and NTPC were down marginally.

OTHER PROMINENT GAINERS...

Tech Mahindra zoomed 25% to Rs 744. IDBI Bank, Sesa Goa, Voltas, HCL, Rolta India, JP Hydropower, Ispat, Oracle, MMTC, Mundra Port and Special Economic Zone, Welspun-Gujarat Stahl Rohren and JSW Steel surged 9-17% each.

...AND THE LOSERS

Jai Corp slipped 5% to Rs 316. Indian Oil, Bharat Petroleum, Godrej Industries, Exide, Rei Agro, Bajaj, Chennai Petroleum Corporation and Glenmark Pharma were down 2-4% each.

VALUE & VOLUME TOPPERS

Tata Steel topped the value chart with a total turnover of Rs 634.78 crore. It was followed by Unitech (Rs 292.90 crore), Suzlon (290.38 crore), DLF (Rs 260.51 crore) and Reliance (Rs 249.42 crore).

Unitech topped the volumes chart with trades of 33.97 million shares. It was followed by Ispat (26.25 million), Suzlon (24 million), JP Hydropower (19.49 million) and IFCI (17.35 million).

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