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Friday, November 24, 2006

Market steady


The market has remained firm on lack of fresh buying in most of the counters. The Sensex touched a new intra-day high of 13768 earlier in the session, and is currently up 40 points at 13720. The Nifty has added nine points to 3954. The market breadth is slightly positive, with 1,427 stocks advancing and 1,051 stocks declining on the BSE.

Except the BSE CG index and the BSE CD index the remaining sectoral indices are in positive territory. The BSE Metal index and the BSE PSU index are the major gainers.

Among the gainers Pidilite Industries has gained 11.54% at Rs116, Adani Enterprise is up 9.98% at Rs202, IPCA Labs has advanced 7.89% at Rs474 and Sun TV has soared 5.05% at Rs1,475. On the other hand Siemens has shed 6.35% at Rs1,198 while Crompton Greaves is down 4.57% at Rs260.

BHEL touched an all-time high of Rs2,557 in intra-day trades. Currently it is up 0.48% at Rs2,529.