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Sensex gains 36 points at close

October 29, 2003 16:16 IST

After opening with 25 points gains at 4,733, the markets remained sluggish till mid-noon deals and occassionally moved into positive zone on selective buying support. The index, however, recouped its lost ground towards the closing hours following gains in heavyweights, tech, cement & pharma stocks, and touched a high of 4,747.

The Sensex finally wrapped up the day's trading with a gain of 36 points at 4,744. The Nifty, too, after displaying mixed trends during intra-day deals, finally ended with a gain of 16 points at 1,498.

Reliance firmed up towards the close on buying support and moved up nearly 2% (Rs 8) to Rs 473. HLL, which had a mixed outing, finally closed up a per cent (Rs 2) at Rs 177. ITC, however, ended on a subdued note with a loss of a per cent (Rs 9) at Rs 861.

BHEL, after a steady opening, slipped in late morning deals on selling pressure, and lost 2% (Rs 7) to Rs 426. HPCL, too, remained weak through the session, and closed down a per cent (Rs 3) at Rs 325. SBI, however, which displayed mixed trends, finally clocked 2% gains (Rs 8) to Rs 486. MTNL closed up a rupee at Rs 111.

Infosys traded with steady gains till mid-noon deals, but peaked up towards the fag-end to finish with 2% higher (Rs 83) at Rs 4,558. While HCL Tech added Rs 3 to Rs 196, Satyam traded off-highs and closed up a rupee at Rs 289.

Grasim at Rs 788 (up 4% or Rs 788) and Gujarat Ambuja at Rs 236 (up 3% or &) gained significantly towards the closing bell on strong buying support. ACC closed up a rupee at Rs 203. L&T, however, exhibited weakness and declined 2% (Rs 8) to Rs 390.

Pharma and auto stocks, too, erased their losses and ended with decent gains.


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Number of User Comments: 1




Sub: Market trend

The market is not determined. small investors can not take risk. Here we find only big shares and not small ones. The investor feels hesitation ...


Posted by Viiredner Kumar Aggarwal




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