Sensex continue above 12,000

By agencies   |   Monday, 24 April 2006, 07:00 Hrs
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MUMBAI: The market has taken a breather, amid volatile trade, after touching its 12000 mark in the last session. The BSE Sensex closed at 12,030.30, down 9.25 points from Thursday's record amid unstable trading. It sustained above 12000 marks. Technology, oil, metal and some banking stocks dragged the markets a bit down. The Sensex hit a life high of 12,102.

The Nifty ended flat at 3573.05. It touched an all-time high of 3592.75. The CNX Midcap closed at 4972.65, up 17.75 points or 0.36 percent. It touched an intra-day high of 4988.90 and an intra-day low of 4924.50.

The BSE Small Cap Index closed up 0.40 point at 6,998.51. The BSE Midcap ended at 5,627.29, up 13.37 points. The market breadth was negative, about 1039 shares advanced, 1397 shares declined, and 62 shares remained unchanged.

The Nifty April Futures premium ended down to 8 points. Satyam, Reliance, Tata Motors, MTNL and Tata Steel were the top trades. The Nifty May Futures added 12 lakh shares in Open Interest.
The BSE Oil & Gas Index under formed the other indices. It closed at 5,544.08, down 1.08percent amid selling in Petronet LNG, Reliance, MRPL, Kochi Refineries and ONGC.

Technology stocks like Satyam, Patni Computer, i-flex Solutions, Moser Baer, MphasiS BFL, HCL Info and Wipro also tumbled. The BSE IT Index closed down 1.01percent at 4,183.89.

Metal stocks including JSW Steel, Welspun Gujarat, Hind Zinc, Sterlite Ind, Jindal Stainless, Hindalco, Nalco, Gujarat NRE Coke and Jindal Steel also ended in red. The BSE Metal Index ended at 10,343.86, down 0.52 percent.

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