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Sensex sustains above 12000

TimePublished on Fri, Apr 21, 2006 at 14:08, Updated on Mon, Apr 24, 2006 at 13:18 in Business section


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    Mumbai: The market has taken a breather, amid volatile trade, after touching its 12000 mark in the last session. The BSE Sensex closed at 12,030.30, down 9.25 points from Thursday's record amid volatile trading.

    It sustained above 12000 mark. Technology, oil, metal and some banking stocks dragged the markets a bit down. The Sensex hit a life high of 12,102.

    The Nifty ended flat at 3573.05. It touched an all-time high of 3592.75.

    The CNX Midcap closed at 4972.65, up 17.75 points or 0.36%. It touched an intra-day high of 4988.90 and an intra-day low of 4924.50.

    The BSE Small Cap Index closed up 0.40 point at 6,998.51. The BSE Midcap ended at 5,627.29, up 13.37 points.

    The market breadth was negative, about 1039 shares advanced, 1397 shares declined, and 62 shares remained unchanged.

    The total market turnover was at Rs 63124.59 crore. The NSE cash turnover was at Rs 11040.89 crore.

    The NSE F&O turnover was at Rs 46472.48 crore. The BSE cash turnover was at Rs 5611.22 crore.

    The Nifty April Futures premium ended down to 8 points. Satyam, Reliance, Tata Motors, MTNL and Tata Steel were the top trades. The Nifty May Futures added 12 lakh shares in Open Interest.

    Satyam, NTPC, Reliance, Hindalco, SBI, Tata Chemicals and Nalco were the biggest losers on the indices.

    Top gainers on the indices were Ranbaxy Labs, HLL, Tata Motors, Maruti Udyog, L&T and MTNL.

    The BSE Oil & Gas Index underformed the other indices. It closed at 5,544.08, down 1.08% amid selling in Petronet LNG, Reliance, MRPL, Kochi Refineries and ONGC.

    Technology stocks like Satyam, Patni Computer, i-flex Solutions, Moser Baer, MphasiS BFL, HCL Info and Wipro also tumbled. The BSE IT Index closed down 1.01% at 4,183.89.

    Metal stocks including JSW Steel, Welspun Gujarat, Hind Zinc, Sterlite Ind, Jindal Stainless, Hindalco, Nalco, Gujarat NRE Coke and Jindal Steel also ended in red. The BSE Metal Index ended at 10,343.86, down 0.52%.

    Some banking stocks also lost ground.

    However, consumer durables stocks like Samtel Color, Blue Star and Whirlpool firmed up. The BSE Consumer Durables Index closed at 3,395.05, up 1.61%.

    The BSE Auto Index ended up 0.82% at 5,512.15 as buying was seen in Sundaram-Clayton, Tata Motors, Hind Motors, Amtek Auto, Sundram, Maruti Udyog and M&M.

    Pharma stocks including Ranbaxy Labs, Aurobindo Pharma, Lupin and Cadila Health also ended with smart gains. The BSE Healthcare Index closed at 3,956.52, up 0.72%.

    FMCG stocks like HLL, Colgate and P&G also surged. The BSE FMCG Index ended at 2,263.74, up 0.53%.

    The BSE Capital Goods Index closed at 8,713.95, up 0.51% due to gains in Thermax, BEML, Greaves Cotton, Praj Industries, L&T and Gammon India.

    Markets on Friday

    > Markets close almost flat after a volatile trading session

    > Sensex ends flat at 12030.30, swing 241 pts during intraday

    > Nifty ends flat at 3573.05; takes intraday swing of 75.65 pts

    > Profit booking seen in BSE Oil & Gas & IT Index

    > BSE Oil & Gas Index down 1.08%; Reliance down 2%; ONGC down 0.70%

    > BSE IT Index down 1%; Satyam down 7.27%; bonus, results below expectations

    > Ranbaxy, stock of the day, up 6.56% on rumours of hiving R&D division, company denied

    > BSE Auto Index up 0.82%; Tata Motors and Maruti up over 2.5% each

    Markets this week

    > Biggest weekly gain for Sensex, Nifty since September 29, 2001

    > Sensex hits 12,000, Nifty, Midcap Index hit life high

    > Nifty gains 227.55 pts or 6.8% at 3573.05

    > Oil & Gas & Metal stocks hog the limelight

    > BSE Oil & Gas Index up 10.2%; Reliance surges 15% this week on RPL IPO and oil find

    > BSE Metal Index up 10%; Tata Steel up 16%, Sail up 10.5% on surging global prices

    > BSE IT Index up 7% on stellar results, TCS up 12.15%

    > Other weekly gainers; Grasim up 15%; Ranbaxy up 12.3%, MTNL up 11%

    > Index Losers: BPCL down 5%, Gail, Jet Airways down over 1%

    > CNX Midcap Index up 4.4% or 209 points at 4972.65

    > Essar Oil up 47%, SEA Marine up 26%, Infotech up 26%

    > RPL IPO created history by collecting order book of Rs 1,43,500 crore, 52 times its offer

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