Sensex ends 54.48 pts up amid jittery session

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Mumbai, Oct 31: The Bombay Stock Exchange sensitive index today closed marginally up by 54.48 points to settle at 19,837.99 in a choppy trading session, ahead of the US Federal Reserve's announcement.

The market today witnessed jittery sessions due to alternate bouts of buying and selling. The benchmark Sensex opened with a slight gain at 19,827.40. With slow movements during the early trade, it touched a day's high of 19,984.13 and a low of 19,735, before ending at a green level, dealers said.

''Moreover, a day after the Central Bank's mid-term review policy, the market was range bound throughout the trade under pressure of US Fed announcement,'' a senior dealer with a leading private bank said.

Although, the broader base National Stock Exchange (NSE) Nifty index closed marginally up by about 32 points, 0.54 per cent up at 5,900.65 as compared to its previous close of 5,861.75. It started at 5868.90, touched the day's high of 5,952.25 and a low of 5,861.30 during the day trade.

According to dealers, the market breadth was almost even on BSE.

17 shares out of Sensex pack of 30 traded with gains. The BSE Mid Cap index rose 1.08 pc to 8,134.92 and BSE Small cap index rose 1.56 pc to 9,794.98. Both these indicies outperformed Sensex. The total turnover was Rs 1,03,760 crore. Asian and European markets witnessed the Fed pressure.

Hindustan Unilver plunged after announcement of its Q3 results. Capital goods stocks lost ground, while IT stocks drifted lower. However, Metal stocks edged higher. Reliance Communications (RCom) ended with a slight gain at Rs 770.50 after it posted a net profit rise of 73.53 pc to Rs 801.24 crore for the second quarter ended September 30.

Shares of Hindalco Industries surged by 1.45 pc to Rs 196 after it reported 7.56 pc rise in net profit to Rs 642.80 crore in its second quarterly results, announced today.

India's second largest power utility by revenue Reliance Energy jumped 4.46 pc to Rs 1,869 and was the top gainer from Sensex pack.

Hindustan Unilever (HUL) declined 5.23 pc to Rs 207.55 and was the top loser from the Sensex pack.

Capital goods stocks declined after yesterday's surge on profit booking. Bharat Heavy Electricals was down 1.3pc to Rs 2,620, Larsen&Toubro by 1.97pc to Rs 4,240.20 and Suzlon Energy by 0.38pc to Rs 1,973, were the other losers.

UNI

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