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  1. #1
    YouR De$i RaPPeR
    Join Date
    Jun 2009
    Spain BCN (Barcelona)

    Default Sensex recovers, up 147 points

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    Erasing yesterday's losses, the 30-scrip Sensex of Bombay Stock Exchange (BSE) today opened in the green at 17,491.11 points on the last day of the year 2009, with a gain of 147.29 points, as against the previous day's close of 17,343.82, on sustained demand from stockists and positive global cues.

    Similarly, the Nifty of National Stock Exchange (NSE) also opened up by 45.40 points to 5,214.85.

    The markets had ended in the red yesterday, with the Sensex drifting lower by 57.74 points to 17,343.82 and the Nifty by 18.50 points to 5,169.45.

    Later, the Sensex recorded the high and low at 17,497.00 and 17,365.37 points respectively in the intra-day trade, while the Nifty registered the high and low at 5,215 and 5,168.75 points respectively.

    The markets were seeing some volatility due to F and O expiry today.

    Power, realty, technology, FMCG, capital goods, metal and banking stocks were supporting the markets, following scattered demand from local opertors.

    The CNX Midcap rose 58 points to 7,476, as about 710 shares advanced while 52 shares declined on the NSE.

    Among the frontliners, NTPC surged by three per cent.

    Siemens, Suzlon Energy, Unitech, Tata Steel, Cairn India, Reliance Capital, TCS, Jaiprakash Associates, Power Grid, DLF, ACC and ICICI Bank were the gainers in the early trade.

    However, Maruti Suzuki was the loser in trade.

    In Midcap and Smallcap, Gallantt Metal rose by 6.5 per cent and Lloyds Steel edged up by three per cent. Ispat gained by 0.7 per cent and SAL Steel advanced by three per cent.

    Among the heavyweights, NTPC surged by 3.01 per cent, Jaiprakash Asson advanced by 2.21 per cent, Reliance increased by 1.81 per cent, Tata Steel edged up by 1.09 per cent, M and M rose by 1.03 per cent, Hindalco inched up by 0.87 and Reliance Com increased by 0.86 per cent.

    Asian markets were trading higher, with Hang Seng rising by 1.5 per cent. Shanghai, Straits Times and Taiwan Weighted gained by between 0.35 and 0.8 per cent.


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