Sensex ends down 23pts

The Sensex has finally ended (provisional) at 14,623, down 23 points.
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(Updated at 1450 hrs)

The Sensex has turned positive and is now at 14,671, up 26 points.
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(Updated at 1423 hrs)

The Sensex continues to display high volatility following the Economic Survey. It is now down 58 points at 14,587.

The index touched a high of 14,764 and a low of 14,470.

Tata Motors and BHEL have shed 3% each at Rs 290 and Rs 2,153, respectively. Maruti Suzuki and Bharti Airtel have dropped 2.5% each to Rs 1,042 and Rs 803, respectively.

Reliance Communications, Larsen & Toubro, SBI, HDFC Bank, Hindustan Unilever, TCS, Infosys and Hero Honda have slipped 1-2% each.

On the other hand, ONGC has surged over 6% to Rs 1,119 on hopes of a lesser subsidy burden. Tata Steel and Sterlite have added 3.5% each to Rs 409 and Rs 632, respectively.

Sun Pharma, Grasim, NTPC, HDFC, Hindlaco and Reliance Infrastructure have added 1-2% each.

The market breadth continues to be positive. Out of 2,590 stocks traded, 1,347 have advanced while 1,159 have declined.