Sensex ends on new high: FMCG, bk, sugar up; IT down

07 January 2008

It was a good day for markets as the Sensex scaled another peak ending on a new high. But the Nifty ended flat. Most of the Asia ended weak wit Taiwan down over 4%. Even Europe was showing sideways movement. Among the frontliners FMCG and bank ended with hefty gains. Midcap sugar stocks were among the top midcap gainers. However, IT stocks were significantly down followed by pharma stocks.

Suzlon, ICICI Bank, Reliance Energy were among the gainers from the indices.

Technology had a bad day with Infosys down over 3% followed by TCS. Oil and gas major ONGC was down 3%.

Sensex was up 125.76 points or 0.61% at 20812.65, and the Nifty up 4.80 points or 0.08% at 6279.10.

About 1591 shares have advanced, 1339 shares declined, and 19 shares are unchanged.

The BSE Midcap Index ended at 10,102.23 down 0.1%.