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Sensex ends above 14,900

August 28, 2007

After the 417pt rally on Monday, the Sensex opened with a marginal positive gap (16 points) at 14,858 on mixed cues from the global markets.

The index dropped to a low of 14,752 in early morning deals. Sustained buying in heavyweights like Reliance and Infosys saw the index zoom to a high of 14,952 in late noon deals -- a gain of 110 points from the Monday close of 14,842 and just 48 points away from the 15,000-mark.

The Sensex finally closed with a gain of 77 points at 14,919. The NSE Nifty ended at 4,315, up 12 points.

The market breadth was bullish right through the day - out of 2,699 scrips traded, 1,562 logged gains on Tuesday.

Index Gainers & Losers

Reliance gained over 2.5% (Rs 47) to close at Rs 1,880.

Infosys moved up nearly 2% to Rs 1,882.

Hindalco closed with a gain of over 3% at Rs 153.

HDFC Bank and Satyam moved up over 2% each to Rs 1,152 and Rs 450 , respectively.

ITC and Grasim gained over 1% each at Rs 167 and Rs 2,865, respectively.

ICICI Bank dropped over 2% to Rs 862. Tata Motors was down nearly 2% at Rs 663.

Ranbaxy, ONGC and SBI also declined today.

Most Active Counters

Everonn Systems was the most active counter with a turnover of Rs 234 crore followed by Take Solutions (Rs 231 crore), Reliance (Rs 151 crore), Tata Teleservices (Rs 104 crore) and ICICI Bank (Rs 101 crore).

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