After opening 34 points higher at 10,037, the Sensex exhibited volatile movement in early trades this morning. The index rallied to a high of 10,127, and then touched a low of 9,913 – down 214 points from the day’s high.However, selective buying helped the index rebound into the positive zone. The Sensex finally ended with a gain of 45 points at 10,048.

In the process, the index has gained 12% (1,081 points) this week, and is up a nearly 25% (2,001 points) from its recent low of 8,047 touched on March 6.

The BSE Metal index surged nearly 5% to 6,110. The Healthcare index gained 2.8% at 2,748, and the Bankex rallied 2.6% at 4,829. The IT index, however, slipped 1% to 2,338.

The market breadth was fairly positive – out of 2,658 stocks traded, 1,527 advanced, 1,018 declined and 113 were unchanged.

INDEX MOVERS…

Tata Motors, Tata Steel and Reliance Communications zoomed around 9% each to Rs 189, Rs 224 and Rs 184, respectively.

Hindalco soared over 5% to Rs 55. Jaiprakash Associates and Ranbaxy rallied over 4% each to Rs 90 and Rs 164, respectively.

DLF surged 3.7% to Rs 183. ACC and TCS gained 3.3% each at Rs 579 and Rs 575, respectively.

ICICI Bank, SBI and Larsen & Toubro moved up nearly 3% each to Rs 385, Rs 1,125 and Rs 680, respectively.

…AND THE SHAKERS

HDFC plunged nearly 4% to Rs 1,589.

Infosys dropped 2.5% to Rs 1,347. BHEL and Reliance were down over 1% each at Rs 1,551 and Rs 1,548, respectively.

OTHER PROMINENT GAINERS…

Aban Offshore zoomed 15% to Rs 421. JSW Steel, Reliance Natural Resources, Punj Lloyd, Sesa Goa, Federal Bank, Financial Technologies, Nagarjuna Constructions, G E Shippings and Neyveli Lignite surged 8-14% each.

…AND THE LOSERS

Rei Agro slumped 6% to Rs 41. Mundra Port, HDFC, Sterling Biotech, LIC Housing Finance, Crompton Greaves and Biocon declined 2-4% each.

MOST ACTIVE COUNTERS

Reliance topped the value chart with a turnover of Rs 299.37 crore followed by Financial Technologies (Rs 281.19 crore), Reliance Capital (Rs 197.59 crore), Reliance Infrastructure (Rs 188.64 crore) and Tata Steel (Rs 176.99 crore).

Reliance Natural Resources led the volume chart with trades of around 3.49 crore shares followed by Unitech (1.54 crore), GVK Power (1.32 crore), IFCI (99.15 lakh) and Cals Refineries (89.14 lakh).

source: Economictimes

Tags: bse, calls, daytrading, free calls, intraday, nse, sensex, tips

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