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19 November 2007
Sensex loses 65 pts at close : Sify.Com
After a buoyant start this morning, the Sensex pared its gains and moved in a tight band till a little past mid-afternoon as participants appeared highly reluctant to hold positions at higher levels. And then, during the final hour of trade, a few blue chips stocks, including some heavyweights, drifted to lower levels and pushed the barometer down to a negative close.
Lack of triggers and weak Asian and European markets rendered price movements extremely sluggish in afternoon trades today.
The Sensex, which looked well poised to breach the 20,000 mark again as it spurted to 19,971.44 after opening with a positive gap of nearly 200 points, ended the session with a loss of 65 points or 0.33% at 19,633.36. The Nifty ended with a slender gain of 0.80 points at 5907.65. In intra-day trades today, it touched a high of 5981.80 and a low of 5893.80.
Among the sectoral indices, the Consumer Durables index moved up by 3.04%. The Auto and Realty indices ended stronger by 2.45% and 2.15% respectively. The Healthcare index surged 1.66% and the Power index climbed up 1.33%. BSE Metal closed nearly a per cent up while the Capital Goods index ended 0.79% up.
ITC, the most prominent loser from the Sensex today, closed lower by 3.1%. ICICI Bank, HDFC Bank and State Bank of India, the banking sector heavyweights, lost 2.65%, 1.85% and 0.85% respectively.
Satyam Computer Services eased by 1.35%. Heavyweight stock Reliance Industries slipped by 0.8%. Bharti Airtel lost a little over half a per cent. Infosys Technologies, HDFC, Wipro, Larsen & Toubro and BHEL closed with marginal losses.
Nirma zoomed 27.5% to Rs 211.50. Apollo Tyres gained nearly 20%. Essel Propack vaulted 16.4%. Vijaya Bank, Dabur India, Escorts, Jaiprakash Associates, Birla Corporation, TVS Motor, Exide Industries, Alok Industries and FDC moved up by 11% - 14% today.
For more details, Visit: Sensex loses 65 pts at close
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