Mundra zooms on listing

The Sensex opened with a negative gap of 119 points at 19,129 on the back of weak cues from the global markets. The index managed to touch a high of 19,212 before slipping to a low of 19,019 - a swing of 193 points - in early trades.

The Sensex, thereafter, exhibited range-bound movement for the remaining part of the day, and finally ended with a loss of 120 points at 19,128.

The market breadth was negative - out of 2,842 stocks traded, 1,476 declined, 1,300 advanced and 66 were unchanged today.

INDEX SHAKERS...

Bharti Airtel plunged 3.3% to Rs 917. ICICI Bank and Reliance Energy dropped around 2% each to Rs 1,132 and Rs 1,755, respectively.

Maruti and NTPC slipped 1.5% each to Rs 938 and Rs 235, respectively.

Hindalco and ACC, also declined 1.5% each to Rs 191 and Rs 1,112, respectively.

Reliance declined over 1% to Rs 2,842. Ranbaxy was also down 1% at Rs 393.

...AND THE MOVERS

BHEL and Bajaj Auto surged 2.5% each to Rs 2,673 and Rs 2,653, respectively.

SBI rallied 1.4% to Rs 2,273. Wipro and TCS advanced over 1% each to Rs 458 and Rs 997, respectively.

DAZZLING DEBUT

Mundra Port and Special Economic Zone (SEZ) was listed at Rs 770, a 75% premium to the issue price of Rs 440. The stock soon zoomed to a high of Rs 1,150. The stock finally ended the day with a gain of 119% at Rs 962.

VALUE & VOLUME TOPPERS

Debutant Mundra Port topped the value chart with a turnover of Rs 1,458 crore followed by Essar Oil (Rs 362 crore), Reliance Petroleum (Rs 242.70 crore), Jindal Steel (Rs 185.40 crore) and Deccan Aviation (Rs 143.70 crore).

Ashok Leyland led the volume chart with trades of around 2.12 crore shares followed by Essar Oil (1.70 crore), Mundra Port (1.48 crore), Ispat Industries (1.35 crore) and IFCI (1.35 crore).