Monday, May 25, 2009

Sensex remain volatile, ends up 12.14 pts

Mumbai Stock ExchangeMUMBAI: On the first day of the week, Sensex remained volatile. On Monday, the Bombay Stock Exchange benchmark Sensex was flat and ended up 12.41 points to 13,899.56. During the day metal, capital goods, banking sector and realty sector stocks gained. Major gainers on the Sensex are DLF Ltd up 5.25 per cent to Rs 351.50, Tata Steel 2.70% to Rs 373.40, Sterlite Industries was surged 4.19 per cent to Rs 529.15 and Larsen and Toubro 1.60 per cent to Rs 1,322.

The Sensex opened with a positive gap of 101 points at 13,988, on Monday. Around noon it soared to a high of 14,028, up 141 points. However, the index could not hold gains and slipped into the red to touch a low of 13,819, down 209 points from day's high. Suzlon and Jindal Steel dipped 5% each to Rs 89 and Rs 2,078, respectively. HDIL slumped 4% to Rs 294. Cairn India, Tulip Telecom, National Aluminium Company, BEML, Punjab National Bank, IDFC, GMR Infrastructure and Indian Bank were also slumped. The market breadth was extremely positive -out of 2,816 stocks traded about 87% (2,470) advanced while only 11% (316) declined and the rest were unchanged today.

::Bookmark This Page::

0 comments: