Sensex fails to sustain 18k

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Old 07-Apr-2010
Sensex fails to sustain 18k

April 7, 2010, 15:30 IST
The Sensex opened on a positive note at 17,916 on the back of global cues. The benchmark index continued to exhibit strength owing to buying in the realty and cement shares.

The index passed the psychological 18,000 level tracking firm Asian cues in mid-morning trades and touched a high of 18,048-highest level in more than 25 months.

The Sensex however was not able sustain the momentum and wiped off all the gains to touch a low of 17,878, down 170 points from the day's high.

The index towards the end of the trading session finally recovered and ended at 17,970, up 29 points. The NSE Nifty shut shop at 5,374, up eight points.

The Midcap and the smallcap indices outperformed the Sensex, up 0.5% each on the BSE.

Apollo Tyres and Pipavav Shipyard gained 11% each at Rs 81 and Rs 85, respectively on the midcap index.

Aegis Logistics and Shipa Medicare were the major gainers on the smallcap index, up 16% each.

Among the sectoral indices, auto , oil&gas and realty indices added 1% each on the BSE. Apollo Tyres zoomed 11% to Rs 81. It was followed by MRF and Bharat Forge, up 4% on the auto index

The market breadth was fairly positive, out of 2,971 shares traded, 1,675 advanced and 1,212 declined on the BSE.


Grasim Industries, Tata Motors and ACC were the major gainers on the Sensex, up around 3% each at Rs 2,894, Rs 793 and Rs 974, respectively.

Reliance Infrastructure, Maruti Suzuki, Bharti Airtel and ITC were the other major gainers, up 1-2% each.


Hindustan Unilever and Sun Pharma were down 2% each at Rs 225 and Rs 1,792, respectively.

ICICI Bank, Jaiprakash Associates and Mahindra & Mahindra slipped 1% each on the BSE.


Axis Bank topped the value chart on the BSE with a turnover of Rs 247.23 crore. It was followed by Reliance (Rs 95 crore), Tata Steel (Rs 66.93 crore), DLF (Rs 60.86 crore) and NMDC (Rs 58.31 crore).

Shree Ashtavinayak led the volume chart on the BSE with trades of 42.71 million shares. It was followed by Birla Power (13.25 million shares), NHPC (12.73 million), Ballarpur Industries (12.36 million) and Pipavav Shipyard (10.35 million).

Old 08-Apr-2010
SHauKeeN GaBRu
Re: Sensex fails to sustain 18k

slow and steady wins the race....it should be slow in going up, in the past its gone up drastically and fallen also rapidly

Old 13-Apr-2010
nav dhillon
Re: Sensex fails to sustain 18k

very nice

Old 14-Apr-2010
Re: Sensex fails to sustain 18k

it will go updunt worry

Old 19-May-2010
Re: Sensex fails to sustain 18k


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