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Markets end higher on Oct F&O expiry

This article was posted on Oct 29, 2008 and is filed under Market News

MUMBAI: After a volatile session on account of settlement of October F&O series, benchmarks ended higher on Wednesday. However, second rung stocks ended lower on profit booking. Bombay Stock Exchange’s Sensex closed at 9044.51, up 36.43 points or 0.40 per cent. It touched an intra-day low of 8,894.34 and a high of 9,297.76.

National Stock Exchange’s Nifty ended at 2712.50, up 27.90 points or 1.04 per cent. The index touched a low of 2631.90 and a high of 2781.25 in trade so far.

BSE Midcap Index closed 1.99 per cent lower and BSE Smallcap Index ended 1 per cent down.

Hindalco Industries, up 20.58%, was the standout performer in Wednesday’s trade. ACC (8.8%), Sterlite Industries (8.08%), Mahindra & Mahindra (7.35%) and Reliance Industries (5.65%) also clocked significant gains. Reliance Communications (-10.59%), DLF (-8.16%), Satyam Computer (-6.86%), Ranbaxy Laboratories (-5.59%) and Hindustan Unilever (-4.83%) ended lower.

Market breadth on BSE ended on a weak note with 1301 declines against 1122 advances.

source: Economictimes

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