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Rediff.com  » Business » Bulls fight back; Sensex surges 461 points

Bulls fight back; Sensex surges 461 points

By BS Reporter in Mumbai
June 09, 2009 16:38 IST
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After Monday's massive 500-point plunge, the Sensex opened 47 points lower on Tuesday at 14,619.

After slipping to a low of 14,527, the Sensex made a spectacular recovery, and closed above the psychological 15,000-point mark.

Strong buying in realty, metals and IT stocks led the market rally to a high of 15,161, up 495 points.

The Sensex finally ended 15,127, up 461 points. The NSE Nifty ended at 4,551, up 121 points.

The BSE Realty index advanced over 6% to 3,830.

The IT , Metal, Consumer Durables and Capital Goods indices were up 4-5% each.

The breadth improved towards the end of the day, out of 2,826 shares traded, 1,494 advanced and 1,290 declined on Tuesday.

INDEX MOVERS....

DLF zoomed 10% to Rs 403. Jaiprakash Associates surged 8% to Rs 224.

Reliance Communication soared over 7% to Rs 332.

Larsen & Toubro, Ranbaxy and Mahindra & Mahindra advanced around 6.5% each to Rs 1,574, Rs 283 and Rs 742, respectively.

TCS, Tata Power, Tata Steel have added 5-6% each to Rs 782, Rs 1,140 and Rs 438, resspcetively.

Hindalco, ACC, Wipro, SBI, Reliance, ITC, Infosys, Maruti, Reliance Infrastructures, Hindustan Unilever and ICICI Bank were up 1.5%-5% each.

...AND THE LOSERS

There were no major losers, only Grasim and NTPC were down marginally.

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BS Reporter in Mumbai
Source: source
 

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