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Volatile Sensex ends flat
BS Reporter / Mumbai Jul 16, 2009, 16:15 IST

sensexAfter gaining over 850 points in last two consecutively days, the Sensex today ended flat at 14,256 amid high volatility due to profit booking.

The Sensex opened at 100 points higher at 14,352 following yesterday's 433 points rally and soon touched a high of 14,493. Profit taking at higher levels forced the index pare gains and slip into negative zone post noon trades. The index, however managed to bounce back into positive terrain after touching a low of 14,169.

Among the sectoral indices, the Auto, Oil & Gas and Consumer Durables indices gained 1.5-2% each. On the other hand, the Consumer Goods index was down 1.6% at 11,818.

The market breadth was fairly positive - out of 2,689 shares traded, 1,465 advanced while 1,131 declined.

THE INDEX GAINERS...

Maruti Suzuki, Reliance and Hero Honda rallied over 3% each to Rs 1,144, Rs 1,934 and Rs 1,538, respectively.

Reliance Communications and NTPC surged nearly 3% each to Rs 270 and Rs 205, respectively.

Tata Motors gained 2.5% at Rs 296, and Tata Steel advanced 1.5% to Rs 385.

...AND THE SHAKERS

Sterlite plunged over 6%  to Rs 590.

Reliance Infrastructure, Jaiprakash Associates and Larsen & Toubro tumbled over 3.5% each to Rs 1,060, Rs 198 and Rs 1,378, respectively.

HDFC declined over 2% to 2,377. SBI and DLF shed 1.5% each to Rs 1,607 and 317 respectively.

ACC, ONGC, Hindustan Unilever and Tata Power were down over 1% each.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 326.72 crore. It is followed by Aban Offshore (Rs 262.32 crore), Larsen & Toubro (Rs 229.86 crore), Tata Steel (Rs 221.29 crore) and Reliance Capital (Rs 188.56 crore).

Suzlon led the volume chart with trades of 16.1 million shares, followed by Reliance Natural Resources (16.1 million), Unitech (12.1 million), Tata Steel (5.6 million), HDIL (4.9 million).

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