Power, Consumer Goods buoy Sensex

The Sensex today opened up 53 points at 14,377. The index slipped to a low of 14,207 down 117 points, following weak cues from the global markets. The index was rangebound for some time, and thereafter gained 273 points from the day's low to a high of 14,480.

The Sensex finally ended at 14,423, up 99 points.

The BSE Power and Consumer Goods indices gained over 2.5% each to 2,877 and 12,568, respectively.

The market breadth was fairly positive. Out of 2,668 stocks traded, 1,801 advanced while 797 declined.

THE INDEX MOVERS...

Jaiprakash Associates surged 6% to Rs 213. Sun Pharma rallied 5% to Rs 1,345. TCS, Tata Motors and Grasim gained 4.2% each at Rs 382, Rs 357 and Rs 2,322, respectively.

ACC added 3% to Rs 768. Reliance Infrastructure, Mahindra & Mahindra, Hindalco, BHEL and ONGC advanced around 2.5% each.

Reliance Communications, Larsen & Toubro, Tata Steel, NTPC, Bharti Airtel, DLF, Wipro, ITC and Hindustan Unilever were also up.

...AND THE SHAKERS

HDFC Bank and HDFC slipped 2% each to Rs 1,456 and Rs 2,309, respectively. ICICI Bank and Sterlite dropped 1% each.

OTHER PROMINENT GAINERS..

Torrent Power zoomed 16% to Rs 164. Educomp Solutions soared 11% to Rs 3,427. Tata Teleservices Maharashtra rallied 10% to Rs 38.35.

Biocon, IVRCL, Max India, Indiabulls Real Estate, Balrampur Chini Mills, Glenmark Pharma, Hindustan Zinc, LIC Housing Finance, Punj Lloyd and Gujarat State Petronet surged 6-9% each.

...AND OTHER LOSERS

MMTC shed 4% to Rs 30,917. Canara Bank dropped 3.5% to Rs 255.

Godrej Consumer Products, Bharat Forge, Everest Canto Cylinder, Allahabad Bank, Jet Airways, Mahindra & Mahindra Financial Services and Nalco slipped 2-3% each.

VALUE & VOLUME TOPPERS

Suzlon topped the value chart with a turnover of Rs 268.70 crore, followed by Reliance (Rs 210.12 crore), Reliance Natural Resources (Rs 209.47 crore), Educomp Solutions (Rs 180.71 crore) and Reliance Capital (Rs 173.83 crore).

The volume chart was also led by Suzlon with trades of over 23 million shares. It was followed by Reliance Natural Resources (22.96 million), Unitech (18.9 million), IFCI (14.86 million) and Ispat Industries (11.49 million).