Sensex ends with slight gain of 13.72 pts

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Mumbai, Jan 1 (UNI) The Bombay Stock Exchange (BSE) sensitive index ended with a slight gain of 13.72 points at 20300.71 on selective buying.

The market posted marginal gains on the first day of 2008. The benchmark Sensex began the day on a firm note at 20325.27 over its previous close of 20286.99 owing to low activity in the global markets due to the new year. It slipped into negative zone in mid-afternoon trade to touch a day's low of 20220.46 before recovering.

The broad-based Nifty of the National Stock Exchange (NSE), meanwhile, gained 26 points to touch 6165.35 from its previous close of 6138.60 before ending with a marginal gain of 5.75 points at 6144.35.

ITC and Reliance Energy hit all-time highs. FMCG, real estate, hotel and power shares gained while IT and consumer durables shares declined. The market breadth was strong. BSE Mid-Cap and BSE Small-Cap indices struck record highs today.

Most of the Asian and European markets were closed today on account of the new year holiday.

The market breadth was strong on BSE with 2264 shares advancing as compared to 647 that declined, while 23 remained unchanged.

The BSE Mid-Cap index closed 1.49 per cent up to 9935.03, while the BSE Small-Cap index gained 2.66 per cent to 13703.40. The BSE Mid-Cap index struck an all-time high of 9972.53 and the BSE Small-Cap index hit a record high of 13787.50 today. Both these indices outperformed the Sensex. Among the Sensex pack, 16 rose while the rest slipped.

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