Volatile Sensex ends up 150pts; Sterlite slips 4%

The Sensex today opened 73 points down at 13,664.The index touched a low of 13,611, and then rebounded into the positive zone backed by smart gains in Reliance and Larsen & Toubro.

The index exhibited high volatility for most part of the day. However, in the last hour the index displayed sidewards movement.

The Sensex finally ended 150 points higher at 13,887. The index had dropped 565 points in the preceding two trading sessions.

The market breadth was positive, out of 2,782 shares traded, 2,135 advanced, 598 declined and 49 were unchanged on the BSE.

INDEX MOVERS...

Larsen & Toubro and ICICI Bank added over 4.5% to Rs 1,301 and Rs 703, respectively.

Reliance was up 3% at 2,183.

NTPC and Sun Pharma gained over 1.5% each to Rs 216 and Rs 1,289, respectively.

...AND THE SHAKERS

Sterlite slipped over 4% to Rs 508. Mahindra & Mahindra and Tata Motors dropped around 3.5% each to Rs 630 and Rs 346, respectively.

ONGC and Hindalco declined over 2.5% each to Rs 1,045 and Rs 77, respectively.

DLF, TCS, Grasim and Reliance Communications were down 2% each.

OTHER PROMINENT GAINERS...

Tech Mahindra surged 14% to Rs 474. Religare Enterprises, Shipping Corporation of India, Praj Industries, Fortis Healthcare, Mphasis, Moser Baer, IFCI, United Phosphorus and Glenmark Pharmaceuticals advanced from 8-13% each.

...AND THE LOSERS

PG Foils and  Northgate Technologies tumbled 10% each to Rs 25 and Rs 35, respectively. Hitech Plast, Federal Bank, Techtran Polylenses, High Energy Batteries,Integrated Finance and Tata Chemicals declined 7-9% each.

VALUE & VOLUME TOPPERS

Reliance Capital topped the value chart with total turnover of Rs 308.15 crore. It was followed by ICICI Bank (Rs 277.20  crore), Reliance (Rs 257 crore), DLF (Rs 214.23  crore) and HDIL (Rs 214.01 crore).

Cals Refineries led the volumes chart with trades of arond 69.42 million shares. It was followed by Satyam Computers (55.75 million), Kashyap Technologies (23.89 million), Firstsource (20 million) and Unitech (17 million).