Wednesday 23 October 2013

Daily Market Round-Up

The markets recovered partially at close thanks to fresh buying in banking and capital goods shares.

The Sensex which had succumbed to a low of 20,590, recovered partially and ended at 20,768 - down 97 points.

Earlier in the day, the BSE index started the day in green, and touched a high of 20,922, before tanking to lower levels.

Among sectors, the BSE realty index shed 1.5 per cent at 1,370, and the Power index dropped 1.3 per cent to 1,578. The Capital Goods and Bankex were up around 0.5 per cent each.

The market breadth was marginally negative at close - out of 2,593 stocks traded on the BSE, 1,230 declined and 1,184 advanced today.

Among the index stocks, Gail India soared nearly 4 per cent to Rs 346.

Cipla surged 2.7 per cent to Rs 423, and SBI rallied 2.3 per cent to Rs 1,716.

Larsen & Toubro, ICICI Bank and Maruti were all up over a per cent each.

On the other hand, Wipro slumped 4.4 per cent to Rs 492. Sun Pharma shed 2.4 per cent at Rs 623.

NTPC and BHEL dropped around 2 per cent each at Rs 145 and Rs 143, respectively.

Bajaj Auto declined 1.7 per cent to Rs 2,101. HDFC Bank, Tata Steel, ONGC and Tata Motors were down around 1.5 per cent each.

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