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Weekly review: Sensex hits 'Sixer', soars 32% in six weeks

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BS Reporter Mumbai

The Sensex posted gains for the sixth week in a row, amid continued volatility as certain section of markets opted to book profits. The index began the week on a strong note, surpassing the 11,000-mark with ease. However high volatility later in the week, saw the index slip to a low of 10,719, and then rallied to a high of 11,367 - a swing of 648 points.

The Sensex finally ended with a gain of 2% (219 points) at 11,023. In the process, the index has now gained a whopping 32.4% (2,697 points) in the last six trading weeks.

The NSE Nifty ended with a gain of 1.3% (42 points) at 3,384.

 

WEEKLY SENSEX GAINERS...

SBI zoomed nearly 15% to Rs 1,306. ICICI Bank soared 11% to Rs 398, and BHEL surged almost 10% to Rs 1,497.

Sun Pharma, HDFC, Tata Motors, Larsen & Toubro, ACC, Mahindra & Mahindra, DLF and Maruti gained 4-7% each.

...AND THE LOSERS

Hindalco plunged nearly 7% to Rs 59. TCS shed 5% at Rs 603.

ONGC, Infosys, Ranbaxy, Jaiprakash Associates, Sterlite and Tata Steel declined 1-2% each.

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First Published: Apr 18 2009 | 12:29 PM IST

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