Friday, May 8, 2009

Sensex volatile in early trade

Bombay Stock Exchange
MUMBAI: The Sensex was volatile in early trade on Friday. It was trading at 12,125.39 up 8.45 points. It bounced back at once and moved up to a high of 12,180. The Sensex has, however, again dipped into the red and is now flat at 12,113. The 30-share barometer, which had gained 164.19 points in previous day's trading, increased 63.13 points to 12,180.07 points in the first five minutes of trade. At the same time, the wide-based National Stock Exchange index Nifty increased by 27.35 points to 3,711.25 points.

Jaiprakash Associates has surged 3% to Rs 142. ONGC has gained 2% at Rs 906. TCS and Sun Pharma have increased 1.5% each to Rs 642 and Rs 1,306, respectively. Tata Power, DLF and Hindustan Unilever have also advanced. Meanwhile, HDFC Bank has declined 4% to Rs 1,127. Sterlite has shed 2.5% at Rs 505.

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