Sensex at 16,908, NSE Nifty is at 5,072, Up Six Points

It has been reported that the Sensex carries on revealing dreary movement and is now at 16,908, more by 45 points. Up by six points, the NSE Nifty is at 5,072.

Mahindra & Mahindra and ONGC, amongst the Sensex-30 pack, have achieved 3% each at Rs. 562 and Rs. 1,164.

SBI, Tata Power, BHEL and Maruti Suzuki, are said to be the other major gainers, up 1% each on the BSE.

In contrast, Sterlite Industries and DLF have plunged 3% each to Rs. 658 and Rs. 272, respectively.

Out of 2,863 shares traded, 1,516 have developed and 1,258 have turned down so far on the BSE, which shows that the market size stays rather upbeat.

It has been reported that amid the sectoral indices, 2% each has been added by PSU index and healthcare index is up 1%, respectively. While there has been a fall of 1.5% each in realty and IT indices.

There has been a fall of 8% to R. s 105 in Anant Raj Industries and DLF has shed 2%, on the reality index.

It was seen that at 14.33., the Sensex was trading down 2.25 points or 0.01% at 16,860.81. In the interim, the Nifty was trading lesser by 10.90 points or 0.22% at 5,055.65.

Internationally, European stocks developed as there were indications from the Federal Reserve Bank of Chicago President Charles Evans that the area`s debt crisis will prompt the US central bank to hold up increasing interest rates. US futures went up.