The Sensex opened with a firm positive gap of 24 points at 6,563. Further buoyancy in most of the counters lifted the index to an intra-day high of 6,579 in early trades. The sentiment, however, turned weak by mid-morning trades as a wave of selling pressure dragged the index to a low of 6,523.
After languishing in negative territory thereafter, the market witnessed a turnaround by mid-noon trades as selective buying in tech, banking, pharma and auto stocks saw the Sensex sign off the session with a gain of 26 points at 6565.
The Nifty, too, after a mixed outing, gained 15 points to close at 2,029.
Infosys [ Get Quote ] logged a per cent gain (Rs 22) to Rs 2,157. While Wipro [ Get Quote ] jumped 2.13% (Rs 14) to Rs 682, Satyam [ Get Quote ], however, dropped 1.74% (Rs 8) to Rs 452.
ITC (up Rs 9 to Rs 1,501) and ONGC [ Get Quote ] (up Rs 3 to Rs 872) finished with steady gains. Reliance [ Get Quote ], however, ended marginally lower at Rs 530.
SBI [ Get Quote ] soared 1.90% (Rs 12) to Rs 663. While ICICI Bank [ Get Quote ] was down a per cent (Rs 3) at Rs 399, HDFC Bank [ Get Quote ] also ended in the red at Rs 543 - down Rs 3.
Ranbaxy [ Get Quote ], which got the USFDA nod to launch its Clarithromycin tablets in USA, flared up 2.23% (Rs 22) to Rs 1,002. While Cipla moved up 1.92% (Rs 5) to Rs 278, Dr. Reddy's, however, was down a per cent (Rs 5) at Rs 691.
Tata Motors [ Get Quote ] advanced 2.82% (Rs 12) to Rs 445, and Maruti [ Get Quote ] gained a per cent (Rs 4) to Rs 458. Bajaj [ Images ], however, slipped a per cent (Rs 11) to Rs 1,206, with Hero Honda [ Images ], too, ending a per cent lower (Rs 3) at Rs 569.
While Tisco [ Get Quote ] added 1.95% (Rs 7) to Rs 358, Tata Power [ Get Quote ] was up 1.26% (Rs 5) at Rs 370. Zee, however, tumbled 3.60% (Rs 5) to Rs 145.
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