Continuing its on-going rally, the Sensex opened with yet another positive gap of 112 points at 10,916. Volatility in early trades saw the index slip marginally into red to 10,801.
The index, however, steadied thereafter on the back of sustained buying in realty and banking stocks. The buying gained momentum in late noon trades, and the index rallied to a high of 11,070 - up 266 points from the previous close.
However, profit-taking in the last half-hour of trades saw the Sensex pare gains and finally end at 10,967, up 163 (1.5%) points. In the process, the index has now gained 14.6% (1,399 points) in the last seven trading sessions.
The Mid-cap and Small-cap indexes once again out-performed the frontline index. The Mid-cap index soared over 3% to 3,465, and the Small-cap index surged 4% to 3,915. Similarly, the Mid-cap and Small-cap indexes have gained 20% (574 points) and 22% (up 715 points) in the last seven days.
The BSE Metal index rallied 5.5% to 7,175, and the Bankex gained 5% at 5,301. The Realty index surged over 4% to 2,126.
The market breadth was very positive - out of 2,642 stocks traded, 2,064 advanced, 514 declined and the rest were unchanged today.
INDEX MOVERS...
Tata Motors zoomed 10% to Rs 248, and Tata Steel soared 9% to Rs 285.
Sterlite surged 6.7% to Rs 422. SBI rallied 5.5% to Rs 1,202.
DLF gained 5% at Rs 233. HDFC Bank and ICICI Bank added 4.6% each to Rs 1,095 and Rs 416, respectively.
Mahindra & Mahindra moved up 4% to Rs 452. Jaiprakash Associates is up 3.5% at Rs 118.
Reliance Communications and Reliance Infrastructure were up nearly 3% each at Rs 218 and Rs 671, respectively.
...AND THE SHAKERS
Wipro plunged 3% to Rs 266. Hindustan Unilever and TCS shed 2% each at Rs 228 and Rs 591, respectively.
NTPC dropped 1.7% to Rs 191. Bharti Airtel, Infosys and HDFC were down over 1% each at Rs 660, Rs 1,410 and Rs 1,686, respectively.
OTHER PROMINENT GAINERS...
Rolta surged over 43% to Rs 103. GMDC, NMDC, Godrej Industries and Praj Industries rallied 16-20% each. Indian Overseas Bank, Tech Mahindra, Indian Bank, Suzlon Energy, Jai Corp, Hindustan Copper and Yes Bank were the other significant gainers.
OTHER PROMINENT LOOSERS...
Titan Industries plunged nearly 8% to Rs 818. Educomp Solutions was also down over 6% at Rs 2,043. GAIL India, M&M Financial, HPCL, BPCL, Spice Telecom, Jet Airways, Indian Hotels, Power Finance, Jain Irrigation, National Aluminium, Castrol India and GVK Power declined 2-4% each.
VALUE & VOLUME TOPPERS
Satyam topped the value chart with a turnover of Rs 291.40 crore followed by Larsen & Toubro (Rs 244.80 crore), Reliance (Rs 213 crore), Reliance Industrial Infrastructure (Rs 193.30 crore) and HDIL (Rs 182.45 crore).
Satyam also led the volume chart with trades of around 5.66 crore shares followed by Unitech (2.54 crore), Cals Refineries (2.20 crore), Rolta (1.90 crore) and Suzlon Energy (1.83 crore).
