Sensex slips 47pts; ACC, Tata Steel gain 3%

The Sensex opened with a positive gap of 173 points at 14,215. The index touched a high of 14,221, and soon slipped into the negative zone. The index rebounded and thereafter exhitbited lacklustre movement for most of the trading day.

Selective profit-taking saw the index slip to a low of 13,917 - down 304 points from the day's high. The Sensex finally ended with a loss of 47 points at 13,995.

The market breadth was marginally negative - out of 2,666 stocks traded, 1,354 declined, 1,234 advanced and 78 were unchanged today.

INDEX MOVERS...

ACC and Tata Steel surged around 3% each to Rs 625 and Rs 494, respectively.

ITC rallied over 2% to Rs 195, and Hindustan Unilever gained 1.7% at Rs 249.

Bharti Airtel, Grasim and ICICI Bank advanced over 1% each to Rs 809, Rs 1,937 and Rs 634, respectively.

...AND THE SHAKERS

Satyam plunged 4.7% to Rs 353. Jaiprakash Associates tumbled nearly 4% to Rs 130, and Maruti dropped over 3% to Rs 718.

Ranbaxy, Hindalco and Larsen & Toubro shed around 2.7% each at Rs 347, Rs 110 and Rs 2,577, respectively.

Tata Motors and Reliance Infrastructure slipped nearly 2% each to Rs 415 and Rs 877, respectively.

Sterlite, BHEL and DLF declined around 1.5% each to Rs 460, Rs 1,684 and Rs 421, respectively.

ONGC and Reliance Communications were down 1.3% each at Rs 1,058 and Rs 369, respectively.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 447.20 crore followed by Reliance Capital (Rs 353.15 crore), ICICI Bank (Rs 253.30 crore), Bharti Airtel (Rs 221.80 crore) and Sesa Goa (Rs 165.50 crore).

Reliance Natural Resources led the volume chart with trades of around 1.50 crore shares followed by Sesa Goa (1.40 crore), IFCI (86.80 lakh), Jaiprakash Associates (73 lakh) and Idea Cellular (71.35 lakh).