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Markets spurt in late trades
SI Reporter / Mumbai Mar 11, 2010, 15:52 IST

The Indian bourses opened on a subdued note this morning owing to lacklustre global cues. The Sensex  touched a low of 17,054 in early trades and thereafter exhibited gyarated between zones till noon trades. Buying in select indexheavyweights like Infosys and Reliance saw the markets firm up in late trades.

The Sensex spurted to a high of 17,215, up 161 points from the day's low, and finally ended at 17,167, up 69 points. The NSE Nifty shut shop at 5,133, up 17 points.

The BSE Midcap and the smallcap indices were flat today.

The market breadth was fairly negative, out of 2,911 shares traded, 1,756 declined and 1,083 advanced on the BSE today.

Among the sectors, auto index declined 1% to 7,572. Amtek Auto and Exide Industries were the main losers on the index, down 2% each.

IT and Banking indices on the other hand were up 1% each.

Man Infracontruction settled with 37% premium at Rs 347 on its listing day today.

INDEX GAINERS...

Sun Pharma advanced 3% to Rs 1,691. Sterlite, Bharti Airtel and Wipro added 2% each to Rs 820, Rs 293 and Rs 709, respectively.

ICICI Bank, TCS, Grasim, NTPC and Infosys added 1% each.

...AND THE SHAKERS

Hindustan Unilever was the major loser,  down 4% at Rs 228. Hindalco, Reliance Communications and ACC slipped 1% each on the BSE.

VALUE & VOLUME TOPPERS

Debutant Man Infraconstruction topped the value chart on the BSE with a turnover of Rs 594.55 crore. It was followed by Texmo Pipes (Rs 304.27 crore), ICICI Bank (Rs 64 crore), SBI (Rs 63.37 crore) and Reliance (62.80 crore).

Texmo Pipes led the volume chart with trades of 20.38 million shares followed by Man Infraconstruction (16.51 million), IKF Tech (7.70 million), Shree Ashtavinayaka (6.17 million) and Suzlon Energy (6.04 million).

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