Sensex closes 41 pts down in choppy trade

By agencies   |   Wednesday, 20 December 2006, 06:00 Hrs
Printer Print Email Email
Mumbai: In highly volatile trade, the benchmark Sensex ended over 41 points down on the Bombay Stock Exchange on Wednesday as funds and investors preferred to book profits and change their portfolios.

The BSE 30-share sensitive index, Sensex, which opened higher by 186.01 points in early trade on the back of a rally in heavyweight stocks, succumbed to profit-taking and ended in the red with a fall of 41.80 points at 13,340.21. Earlier, the key index touched the day's low of 13,232.56 points.
Similarly, the wide-based National Stock Exchange index, Nifty, ended 16.45 points down at 3,815.55 after moving between 3,886.10 and 3,787.55 points.

The major losers were Reliance Industries, Reliance Communications, Reliance Energy, Bajaj Auto, Tata Motors, Hero Honda, Bharti Airtel, Grasim, Larsen and Toubro, HDFC Bank, State Bank of India and BHEL.

However, a surge in index-heaviest Infosys, Housing Development and Finance Corp, Maruti Udyog, Tata Steel, ONGC, ACC, Cipla and ITC Ltd saved the Sensex from a major fall.

GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..