BUSINESS

Sensex up 29 points at close

August 17, 2006

The markets saw a choppy session after seeing a good run up in the past few sessions. The markets were hovering around the previous day close and the Sensex closed at 11,477.48 up 29 points. The Nifty closed flat at 3354 down 2 points.

The BSE Small Cap Index closed at 5,727.42 down 74 points or 1.27%.
The BSE Midcap Index ended at 4,738.78, down 43 points or 0.89%.
The BSE sectoral indices closed mixed.
The BSE Metal Index lost 2.12% at 8,199.62. Hind Zinc, Jindal Saw, Tata Steel and Welspun Guj witnessed selling pressure.

The BSE Bankex was down 0.3% at 5,158.09. IOB, Andhra Bank, PNB, Oriental Bank and Bank of India moved downwards.
The BSE IT Index closed flat at 4,193.29. Moser Baer, HCL Tech, Satyam and Infosys closed in green
The BSE Health Care Index was up by 0.5% at 3,481.00. Glenmark, Lupin, Divis Labs, Cadila Health and Dr Reddys Labs moved up.

The BSE Capital Goods Index was up 0.6% at 7,741.90. Ingersoll Rand, Siemens, ABB and BHEL closed higher.
The BSE FMCG Index was up 0.5% at 1,983.15. HLL, Dabur India and ITC closed in positive terrain.
The BSE Auto Index gained 0.7% at 4,874.05. Ashok Leyland, Bharat Forge, Tata Motors, M&M advanced on the bourses
The BSE Oil and Gas Index gained 0.22% at 5,444.07. Kochi Refineries, Reliance and BPCL closed in positive terrain.
The NSE cash turnover was at Rs 7142.98 crore and the NSE F&O turnover was at Rs 24160.01 crore. The BSE cash turnover was Rs 3842.61 crore. Total market wide turnover was at Rs 35145.6 crore.

Markets Today:
Markets end almost flat amid volatile session
Sensex up 29.17 points at 11477.48; Nifty down 2.15 points at 3353.90
BSE Metal Index down 2.12%; Baosteel may cut factory prices by 5% in Q4
Hind Zinc down 4%, Tata Steel down 2.72%, Hindalco down 2.57%
BSE Bank Index down 0.26%; ICAI ro review AS-15 norms
IOB down 2.86%, Andhra Bank down 2.68%, PNB down 2.4%
BSE Oil & Gas Index up 0.22%; RIL up 1.95%
BSE Healthcare Index up 0.50%; Dr Reddy up 2.5%
CNX Midcap Index ends marginaly down; pharma stocks hold firm
Glenmark Pharma up 7.6%; Lupin up 5.14%
BSE Small Cap under performs major indices; down 1.27%; sugar stocks end down
Dharani Sugar down 6.15%, Sakhti Sugar down 5.7%, KM Sugar down 5.3%
NSE Advance Decline ratio at 2:5
Total market turnover at Rs 35145.6 cr Vs Rs Rs 30,947.88 cr on Wedneday

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