New Delhi: The markets have seen many ups and down in the year 2006. While Sensex hit five landmark levels from 10K to 14K, Nifty managed to breach 4000 level. On the other hand markets also suffer some of the most cruel carnage on the Dalal Street.
And in the last session of 2006 on Bombay Stock Exchange on Friday, the benchmark Sensex ended 59 points down on late selling by funds and retail investors in index-related stocks.
The BSE 30-share sensitive index, Sensex, which recovered by 82.76 points in early trade after a rally in heavyweight stocks, succumbed to profit-taking towards the close.
The index ended in the red with a fall of 59.43 points at 13,786.91. Earlier, the key index touched the day's high of 13,929.10 and a low of 13,770.06 points.
In similar manners, the broader National Stock Exchange index, Nifty, fell by 4.15 points at 3,966.40 after moving between 3,991.60 and 3,960.45 points.
Major losers which dragged the Sensex down were State Bank of India, ICICI Bank, HDFC Bank, Reliance Industries, ONGC, Bajaj Auto, Tata Motors, Reliance Communciations, Bharti Airtel, Infosys Technologies, Satyam Computers, BHEL, HDFC Ltd, ITC Ltd and Reliance Energy.
On the last trading day of this year, the BSE Auto index ended up 8 points at 5510. Appolo, Cummins and Mico were the leading gainers. Consumer Durables was up 72 points at 3565. Titan gained the most in this sector.
Cap Goods closed up 106 points at 9094. Gammon, BEML, Aban Offshore were the top gainers. Metal Index surged by 98 points at 9061. Welspun, Jindal and SAIL were major gainers.
On the other hand the sectoral index which closed down were Bank, FMCG, IT, Oil & Gas. FMCG index was hardest hit today and closed down by 17 points at 1935. HLL, Tata Tea and ITC traded weakest. BSE Bank index plunge 22 points at 7077.
Oriental Bank of Commerce, Bank of Baroda and Federal Bank were top losers. IT index was plummets 11 points and closed at 5271. I-Flex, HCL and Satyam plummets the most. Oil & Gas was down by 29 points at 6177. GAIL, RNRL and ONGC lost the ground.
The NSE cash turnover on Friday was Rs 7537 crore where as BSE cash trade was worth Rs 3983 crore. NSE F&O market could manage to attract Rs 18624 crore. The total turnover stood to be at Rs 30146 crore.
Though the last trading day of 2006 came to end on subdued note, overall it was a great year for the investors and traders in terms of wealth creation.
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