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Sensex gains 41 points at close

May 02, 2005

The Sensex opened with a positive gap of 29 points at 6,183, but shed gains on profit-taking in select counters. After moving in a narrow band and dipping to a low of 6,141 in noon deals, the index bounced back strongly in late noon deals on selective buying.

The Sensex touched a high of 6,224 - a rally of 83 points from the intra-day low - before finally closing at 6,195- a gain of 41 points (0.66%).

Zee zoomed 8% (Rs 10) to Rs 142. HPCL gained 4.7% (Rs 14) to Rs 317. Hindalco was steady in positive zone right through, and closed with a gain of 2% (Rs 24) at Rs 1,210.

Heavyweights finished on a mixed note. HLL declined 3.3% (Rs 5) to Rs 133. ITC dropped over 2% (Rs 30) to Rs 1,407.

ONGC was up 1.7% (Rs 14) at Rs 825. Reliance moved up over 1% (Rs 6) to Rs 534. SBI was also up 1% (Rs 4) at Rs 589.

Infosys moved up 1.5% (Rs 27) to Rs 1,915. While Satyam added 2% (Rs 10) to Rs 409, Wipro was up 1% (Rs 5) at Rs 636.

Cement scrips firmed up on late buying support. ACC gained 3% (Rs 11) to Rs 371. Gujarat Ambuja was up 2% (Rs 9) at Rs 430. Grasim was weak today, and closed with a loss of 2% (Rs 22) at Rs 1,140.

Bajaj was firm right through the day, and closed with a gain of 1.4% (Rs 15) at Rs 1,103. Hero Honda was up 2% (Rs 11) at Rs 515. Tata Motors also moved up 2% (Rs 9) to Rs 421. Maruti declined Rs 3 to Rs 403.

Source:

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