Market Ends Marginally Up After Weak Performance

Bombay Stock ExchangeThe BSE share index opened its eyes on a positive note at 15,295.03. Later on, it slipped into depressing zone and continued to trade flat for most part of the day. It also touched an intra-day high of 15,341.38 to end the day on a positive note.

Cement stocks were in the public interest, whereas IT, pharma and banking stocks led the declines. Auto stocks displayed mixed inclination.

At last, the BSE Sensex settled at 15,311.22, up 38.50 points, while the broad-based NSE Nifty closed at 4,512.15, up 7.6 points. The stock market has had 1,485 progressions as against 58 declinations.

Among other sectors, BSE Auto arose 0.44%, BSE Consumer Durables acsended 0.87%, BSE Bankex climbed 1.27%, BSE Realty moved up 1.80%, BSE Metal mounted 0.75%, while BSE IT slumped 1.01%.

The major gainers’ list include Reliance Energy, which rose 4.54% to end at Rs 705.90, SBI rose 3.83% to Rs 1,613.50 and Bajaj Auto rose 3.71% to finish at Rs 2,255.30. The other gainers were Reliance Comm, Hindalco and Ambuja Cement.

The losers’ of the day include Wipro, which declined 2.32% to close at Rs 500.70, Satyam rejected 2.26% to Rs 482.05 and Hindustan Unilever slumped 2.22% to close at Rs 198.15. Ranbaxy, BHEL and NTPC were among the other losers.

Power Finance topped the BSE volume chartbusters list with 5.56 million shares being traded, followed by SAIL with 4.93 million shares, Reliance Petroleum with 4.08 million shares and Ispat Industries with 4 million shares.