Wednesday, December 26, 2007

Market maintains strength

The 30-share benchmark, having maintained its strength in the earlier trading session, continues to trade in the positive terrain. Heavy buying spree was seen in frontline stocks.

All sectors are trading in the positive.

BSE Sensex was last trading at 20,072.85, up 218.73 points while NSE Nifty, was trading at 6,046.35, up 61.25 points (12.17 p.m.).

The BSE Midcap added 1.66% and BSE Smallcap added 2.32%.

Out of the total 2,859 stocks traded at the BSE, 2,280 advanced, 561 declined, while 18 remained unchanged

Amongst the sectoral indices, Bankex rose 1.32%, FMCG rose 0.73%, BSE Power inched up 1.81% and BSE Realty moved up 1.60%, while BSE IT declined 0.82%.

Gainers at the BSE Sensex were SBI, which advanced 3.01% to Rs 2400.10, Hindalco rose 2.99% to Rs 207.00 and Tata Steel rose 2.72% to Rs 886.00. DLF, RIL, L&T, Reliance Comm, Tata Motors and BHEL also moved up.

Losers at the BSE Sensex include, TCS, which declined 1.96% to Rs 1087.00, Wipro declined 1.51% to Rs 527.20 and Infosys dipped 1.05% to Rs 1791.95. ONGC, Satyam, Bajaj Auto and HUL also slipped.

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