Tuesday March 11, 2008

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 Home>>>Business 

Sensex ends down 52pts, Bharti gains 9%  

Agencies

Mumbai Mar 10: The Sensex opened with a huge negative gap of 292 points at 15,684 on weak global cues. Follow-up selling saw the index slide to a low of 15,362 - down 614 points from the previous week.

Buying in select counters helped the index stage a smart recovery. As buying spread to other counters, the index moved up to a high of 15,998 - up 636 points from the day's low.

The Sensex finally ended the day with a marginal loss of 52 points at 15,924.

The NSE Nifty recovered sharply from the day's low of 4,621 and touched a high of 4,815. The index finally finished with a gain of 29 points at 4,800.

The BSE market breadth was fairly negative - out of 2,708 stocks traded, 1,911 declined, 753 advanced and 44 were unchanged today.

Bharti Airtel zoomed 8.6% to Rs 816. Bajaj Auto and Tata Steel gained over 5% each to Rs 1,990 and Rs 812, respectively.

ACC added over 4% at Rs 765, and DLF gained 3.5% at Rs 681.

Reliance Communications rallied 2.6% to Rs 558. SBI and HDFC Bank advanced over 2% each to Rs 1,883 and Rs 1,313, respectively.

Ambuja Cements and ONGC moved up around 1.5% each to Rs 121 and Rs 968, respectively.

Reliance was up over 1% at Rs 2,273.

Larsen & Toubro dropped 8.7% to Rs 2,729. BHEL tumbled 5.7% to Rs 1,910.

Maruti declined 4.4% to Rs 892, and Satyam dropped 3.4% to Rs 409.

Wipro was down nearly 3% to Rs 403. ICICI Bank and HDFC shed 2.5% each at Rs 871 and Rs 2,565, respectively.

TCS declined nearly 2% to Rs 830. Hindustan Unilever dropped 1.5% to Rs 223.

 

 
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