Sensex swings between red and green
Mumbai, May 16: The Sensex of Bombay Stock Exchange swung between red and green after opening with a positive gap of 122.87 point. The benchmark index resumed the day at 17,476.41 and struck a high of 17,497.36 in the early trade, gaining 143.82 points. Thereafter, it lost 27.24 points at a low of 17,326.30. However, Sensex recovered in the mid-morning trade, with a positive gain of nearly 70 points.
The
broader
based
S&P
CNX
Nifty
index
of
National
Stock
Exchange
was
20
point
up
at
5,135.
The
market
breadth
was
strong
on
BSE
with
1,124
shares
advancing
as
compared
to
558
that
declined.
45
shares
remained
unchanged.
Index
frontliner,
Hindalco
Industries
fell
2.33
by
per
cent
to
Rs
199.10
on
2.23
lakh
shares.
It
was
the
top
loser
from
Sensex
pack.
Reliance
Industries
(RIL)
was
down
by
0.25
per
cent
to
Rs
2,616
on
84,619
shares.
Ambuja
Cements
was
also
down
by
1.34
per
cent
to
Rs
110.60,
ITC
was
down
by
1.24
per
cent
to
Rs
223.75
and
Bharti
Airtel
by
0.89
per
cent
to
Rs
848.60,
were
the
other
losers
from
Sensex
pack.
However, HDFC Bank gained by 1.61 per cent to Rs 1,500 on 14,512 shares. It was the top gainer from Sensex pack. Satyam Computer Services recovered from red and was up by 1.12 per cent to Rs 489.30. Larsen&Toubro gained by 0.80 per cent to Rs 2,986 and State Bank of India by 0.93 per cent to Rs 1,696.30.
As per provisional data, foreign funds purchased shares worth a net Rs 706.88 crore yesterday, whereas domestic funds bought shares worth a net Rs 363.11 crore.
Foreign Institutional Investors (FIIs) were net buyers of Rs 524.05 crore in the futures and options segment, in the previous session. They were net buyers of index futures to the tune of Rs 173.50 crore and bought index options worth Rs 186 crore. They were net buyers of stock futures to the tune of Rs 150 crore and bought stock options worth Rs 14.55 crore.
UNI