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Written by Tyler_Ross
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Tuesday, 13 March 2007 |
Yesterday after opening on a positive note at 12,916.67, the benchmark Sensex continued to trade sturdily for the day among instability because of strong buying of funds and in heavyweights.
The stock index was range bound for majority of the day. But, the index vanished its force and fell away into the pessimistic territory in the final hour before closing. Lastly, it got well to optimistic ground and closed the day on a flat note. Chief back up came from IT and auto sectors while cement, banking and pharma led the declines.
After touching a high of 13,056.86, the BSE Sensex ended the day at 12,902.63, up 17.64 points, whereas Nifty settled at 3734.60, up 16.6 points.
The market showed 1,540 advancements as against 1017 declinations.
Among the sectoral indices, BSE Auto gained 1.12%, BSE Bankex climbed 0.28%, whereas BSE IT got 0.57% and BSE CG advanced 1.67%.
The gainers’ list include TCS, which arose 2.15% to Rs 1238.30, Bharti Airtel, which advanced 2.61% to Rs 769.75, and L&T gained 1.89% to Rs 1,506.65. Cipla, ONGC and Wipro were also included in the gainers` list.
Laggards on the index included Gujarat Ambuja, ACC, ITC, HDFC Bank, Grasim and Reliance Energy.
The stock with leading volume chartbusters was Idea Cellular with 12.49 million shares followed by IDFC with 4.19 million shares, ITC with 3.57 million shares and India Cement with 3.45 million shares.
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