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Sensex sheds 15 points at close

January 16, 2007

Backed by impressive Q3 numbers by TCS, the Sensex opened marginally (16 points) higher at 14,146.

Smart gains in technology shares saw the index flare up to a new all-time intra-day high of 14,211. However, profit booking in select heavyweights like HDFC, Reliance and HLL saw the index pare gains and slip into the negative zone.

The index moved in a very narrow range of 30 odd points for most of the trading day. Some selling towards the end saw the index slip to a low of 14,071 - down 140 points from the day's high.

The Sensex finally settled with a marginal loss of 15 points at 14,115.

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