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Thursday, July 17, 2008

Sensex back to 13k; up 448 pts


The 30-share Index, Sensex bounced back to 13,000 level by making further inroads into the positive terrain. Intense buying interest was seen in realty, banking, consumer goods, IT, power stocks. It touched an intraday high of 13,099.61.

BSE Midcap and Smallcap rose 0.97% and 1.00% respectively.

All sectoral indices are trading in positive, led by BSE Realty (4.57%), BSE Bankex (4.54%), Consumer Goods (4.43%), Auto (3.78%), IT (3.05%) and Power (3.02%).

The market breadth is positive. Out of the total 2,537 shares traded at the BSE, 1,552 advanced, 908 declined while 77 remained unchanged.

Major gainers in the 30-share index were HDFC and Maruti which soared over 7% each, DLF surged 6.18%. The other gainers were M&M, TCS, ACC, ICICI Bank, Satyam, Larsen & Toubro, Infosys and BHEL.

Laggards at the BSE Sensex include Ranbaxy (plunged 4.59%) and Tata Steel (fell 2.89%) . There were no other losers at the BSE Sensex.

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