Wednesday, December 5, 2007

Sensex ends up 209pts, ONGC gains 4%...


The Sensex opened with a positive gap of 100 points at 19,629. Positive cues from the Asian markets helped the index remain in positive zone throughout the day.

The index rallied to a high of 19,791, and finally settled with a gain of 209 points at 19,738.

The BSE Oil & Gas index surged 2.3% to 12,940, and the Bankex rallied 2% to 11,021.

Advancing stocks beat declining shares in the ratio of 3:1 - out of 2,891 stocks traded, 2,162 advanced, 686 declined and 43 were unchanged today.

INDEX MOVERS

ONGC zoomed over 4% to Rs 1,206. Tata Motors gained 4% to Rs 772.

SBI and Hindalco surged nearly 3% each to Rs 2,384 and Rs 199, respectively.

Cipla gained 2.5% at Rs 189. NTPC, Larsen & Toubro and ICICI Bank rallied around 2% each to Rs 244, Rs 4,310 and Rs 1,162, respectively.

HDFC Bank moved up 1.6% to Rs 1,730. Reliance and Ranbaxy were up over 1% each at Rs 2,903 and Rs 393, respectively.

VALUE & VOLUME TOPPERS

Ispat Industries topped the value chart with a turnover of Rs 569 crore followed by Essar Oil (Rs 259 crore), Videocon Industries (Rs 244.50 crore), Reliance Natural Resources (Rs 214.50 crore) and Mundra Port (Rs 210.70 crore).

Ispat Industries led the volume chart with trades of around nine crore shares followed by Tata Teleservices (3.72 crore), Wire & Wireless (1.65 crore), Hindustan Motors (1.48 crore) and Reliance Natural Resources (1.21 crore).