Sure Shot Nifty Tips

The markets staged a dramatic recovery in late noon deals backed by aggressive buying at lower levels. The Sensex, which, had slipped to a low of 18,402, recovered almost all its losses and finally settled with a marginal loss of 11 points at 18,506.

The NSE Nifty too which had slipped below the 5,600-level in intra-day deals managed to recover smartly and end at 5,627 - down one point.

Among sectors, the BSE PSU index slipped nearly 0.8 per cent to 7,004. The Realty index was the other prominent loser - down 0.6 per cent at 1,869.

The market breadth was negative - out of 2,955 stocks traded on the BSE, 1,504 declined and 1,309 advanced today.

INDEX MOVERS & SHAKERS

BHEL moved up 1.6 per cent to Rs 225. Sun Pharma advanced 1.3 per cent to Rs 707.

Hindustan Unilever and Hero MotoCorp gained a per cent each at Rs 530 and Rs 1,821, respectively.

Reliance Industries, Tata Motors, Coal India and TCS were the other prominent gainers.

On the other hand, NTPC plunged 2.5 per cent to Rs 160. Gail India shed 2 per cent at Rs 340.

Cipla and Wipro declined around 1.5 per cent each at Rs 381 and Rs 365, respectively.

ITC, Sterlite, Bharti Airtel and ICICI Bank were the other notable losers.

VALUE & VOLUME TOPPERS

Jet Airways topped the value chart with a turnover of Rs 179.36 crore on the BSE. It was followed by United Spirits (Rs 126.93 crore), SpiceJet (Rs 93.16 crore), SBI (Rs 65.30 crore) and Hindustan Copper (Rs 57.64 crore).

SpiceJet led the volume chart with trades of around 2.4 million shares. It was followed by Birla Cotsyn (6.1 million), Kingfisher Airlines (5.8 million), Edelweiss (4.2 million) and MT Educare (3.9 million).