Markets end flat
The markets consolidated and ended on an extremely flat note ahead of the credit policy.The markets were in great nick at the start of the session, but pared gains in the second half of trading, as profit-booking emerged at the higher levels.
The sensex closed at 13928.33,up by 30 points ,while Nifty closed at 4085.10,up by just 1.55 points.
Three massive block deals of 93.21 lakh shares each, struck in the Gujarat Ambuja Cements (GACL) counter, at an average Rs 116.05 per share on BSE were a salient feature of opening trade. The stock was down 0.61% to Rs 114.75, on total volumes of 3.03 crore shares. Undoubtedly, it was the top-traded counter on BSE with a turnover of Rs 352.55 crore.
Tata Steel surged 4.71% to Rs 559.50 and was the top-gainer. It had advanced to a high of Rs 560, in intra-day trade.REL (up 2.10% to Rs 521.75), Hindalco (up 0.80% to Rs 147.85) and Satyam Computers (up 0.85% to Rs 480.50) were the other gainers.
Reliance Communications advanced 1.62% to Rs 463.80, on expectations of strong earnings growth, driven by a robust rise in the subscriber base and an increased penetration of value-added services. Reliance Communications will announce its results on 30 April 2007
Bharti Airtel, however, was down 0.95% to Rs 837.55, after striking an all-time high of Rs 867.80. Bharti Airtel unveils its Q4 results on 27 April 2007.
Index heavyweight Reliance Industries (RIL) was up 1.10% to Rs 1558.It had advanced to a high of Rs 1560, while its low was at Rs 1527.
The sensex closed at 13928.33,up by 30 points ,while Nifty closed at 4085.10,up by just 1.55 points.
Three massive block deals of 93.21 lakh shares each, struck in the Gujarat Ambuja Cements (GACL) counter, at an average Rs 116.05 per share on BSE were a salient feature of opening trade. The stock was down 0.61% to Rs 114.75, on total volumes of 3.03 crore shares. Undoubtedly, it was the top-traded counter on BSE with a turnover of Rs 352.55 crore.
Tata Steel surged 4.71% to Rs 559.50 and was the top-gainer. It had advanced to a high of Rs 560, in intra-day trade.REL (up 2.10% to Rs 521.75), Hindalco (up 0.80% to Rs 147.85) and Satyam Computers (up 0.85% to Rs 480.50) were the other gainers.
Reliance Communications advanced 1.62% to Rs 463.80, on expectations of strong earnings growth, driven by a robust rise in the subscriber base and an increased penetration of value-added services. Reliance Communications will announce its results on 30 April 2007
Bharti Airtel, however, was down 0.95% to Rs 837.55, after striking an all-time high of Rs 867.80. Bharti Airtel unveils its Q4 results on 27 April 2007.
Index heavyweight Reliance Industries (RIL) was up 1.10% to Rs 1558.It had advanced to a high of Rs 1560, while its low was at Rs 1527.
Labels: Nifty.Sensex
posted by SY at 4:08 PM
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