The Sensex opened with a huge positive gap of 79 points at 10,759. Firm trend for the major part of the trading day saw the index rally to a high of 10,854.
The index pared gains in late afternoon deals on profit-taking following the near 1,000-point rally in the last six trading sessions. The index – at today’s high of 10,854 – was up 979 points from its intra-day low of 9875 hit on July 24. The Sensex slipped to a low of 10,711 – down 143 points from the day’s high – before finally ending with a gain of 64 points at 10,744. The market breadth was positive – out of 2,511 stocks traded, 1,510 advanced, 928 declined and 73 were unchanged today.
INDEX MOVERS & SHAKERS
BHEL surged 4% to Rs 2,045. Satyam and Maruti rallied 2.4% each to Rs 755 and Rs 787, respectively.
ICICI Bank and Wipro advanced 2% each to Rs 554 and Rs 491, respectively.
SBI, Tata Motors, Reliance Communications, Cipla, Infosys and ITC were up around 1.5% each.
HLL which gained over 3% in early trades, took a sharp dip and dropped to a low of 230 before ending with a loss of over 4% at Rs 232.
Grasim shed 2% to Rs 2,077.
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 129.50 crore followed by SBI (Rs 93.30 crore), Satyam (Rs 87.85 crore), Tata Steel (Rs 83.17 crore) and Century Textiles (Rs 80.10 crore).
G V Films led the volume chart with trades of around 1.03 crore shares followed by Hindustan Motors (34.66 lakh), Reliance Communications (28.34 lakh), India Cements (26.81 lakh) and Century Textiles (20.12 lakh).
Source From : http://www.business-standard.com