Jul 27, 2009

Sensex closes flat; Reliance, ONGC plunge

Key indices ended choppy session on a flat note Monday while broader markets witnessed sustained buying activity. Traders ignored positive global cues and booked profits at higher levels. Dismal numbers from Reliance Industries also capped the gains.

Bombay Stock Exchange?s Sensex ended at 15375.97, down 2.99 points or 0.02 per cent. The index touched an intra-day low of 15228.46 and high of 15463.09.

National Stock Exchange?s Nifty closed at 4570.45, up 1.90 points or 0.04 per cent. The broader index hit a high of 4596.75 and low of 4528.50.

BSE Midcap Index was up 1.61 per cent and BSE Smallcap Index gained 1.46 per cent.

Biggest Sensex gainers were Hindustan Unilever (6.59%), Tata Power (6.41%), DLF (4.71%), Tata Steel (3.93%) and Tata Motors (3.19%).

Losers comprised Reliance Industries (-3.86%), ONGC (-3.04%), Hero Honda (-2.86%), Mahindra & Mahindra (-2.23%) and ICICI Bank (-1.77%).

Market breadth on BSE was positive with 1673 advances outnumbering 970 declines. (All figures are provisional)

Original Source: Economic Times News

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