<p>The Sensex snapped 6 days of upward movement on profit-booking today after crossing the 28,000- level in the morning for the first time since December 9, but slipped by nearly 45.58 points to end at 27,842.32.<br /><br /></p>.<p>The BSE 30-share index resumed trading higher and again crossed the crucial 28,000 mark to touch a high of 28,064.49 points on the back of across-the-board gains on hopes of push to economic reforms.<br /><br />However, profit-booking in recent gainers towards the fag-end trading dragged the Sensex down to the day's low of 27,786.85 before settling 45.58 points, or 0.16 per cent, down at 27,842.32.<br /><br />In the last six sessions, it had risen by almost 680 points.<br /><br />The broad-based 50-issue Nifty of the NSE also eased by 17.05 points, or 0.20 per cent, to end at 8,378.40. Intra-day, it went past the 8,400-level to touch a high of 8,445.60. It touched the session's low of 8,363.90.<br /><br />Brokers said sentiment remained upbeat at the outset after the government promised bold reforms in the banking sector at the two-day bankers' meet 'Gyan Sangam' but higher levels could not be sustained as participants indulged in booking profits in bluechip stocks at prevailing levels amdist a weak trend overseas.<br /><br />Fall in key counters including Dr Redddy, Bharti Airtel, Hindalco, HDFC Ltd, TCS, Sesa Sterlite, RIL, Infosys, SBI, BHEL, Coal India, HDFC Bank, M&M and Tata Power mainly weighed on the market sentiment.<br /><br />"Profit booking at current levels and a cautious approach by participants ahead of earnings season with Infosys to post results on Friday kept market volatile today," said Manoj Choraria, a Delhi-based stock broker.<br /><br />Bucking the trend, stocks of engineering and construction major L&T ended 1.42 per cent higher at Rs 1,556.50 after reports company has bagged contracts worth Rs 4,006 crore from domestic and international clients.<br /><br />Other gainers were Maruti Suzuki, Tata Motors, Tata Steel, ONGC, Axis Bank, Hind Unilever, GAIL, ITC Ltd, Cipla Hero MotoCorp and Sun Pharma cushioned the fall.<br /><br />In the 30-share Sensex, 14 stocks declined and 15 rose, while NTPC ended flat. <br /></p>
<p>The Sensex snapped 6 days of upward movement on profit-booking today after crossing the 28,000- level in the morning for the first time since December 9, but slipped by nearly 45.58 points to end at 27,842.32.<br /><br /></p>.<p>The BSE 30-share index resumed trading higher and again crossed the crucial 28,000 mark to touch a high of 28,064.49 points on the back of across-the-board gains on hopes of push to economic reforms.<br /><br />However, profit-booking in recent gainers towards the fag-end trading dragged the Sensex down to the day's low of 27,786.85 before settling 45.58 points, or 0.16 per cent, down at 27,842.32.<br /><br />In the last six sessions, it had risen by almost 680 points.<br /><br />The broad-based 50-issue Nifty of the NSE also eased by 17.05 points, or 0.20 per cent, to end at 8,378.40. Intra-day, it went past the 8,400-level to touch a high of 8,445.60. It touched the session's low of 8,363.90.<br /><br />Brokers said sentiment remained upbeat at the outset after the government promised bold reforms in the banking sector at the two-day bankers' meet 'Gyan Sangam' but higher levels could not be sustained as participants indulged in booking profits in bluechip stocks at prevailing levels amdist a weak trend overseas.<br /><br />Fall in key counters including Dr Redddy, Bharti Airtel, Hindalco, HDFC Ltd, TCS, Sesa Sterlite, RIL, Infosys, SBI, BHEL, Coal India, HDFC Bank, M&M and Tata Power mainly weighed on the market sentiment.<br /><br />"Profit booking at current levels and a cautious approach by participants ahead of earnings season with Infosys to post results on Friday kept market volatile today," said Manoj Choraria, a Delhi-based stock broker.<br /><br />Bucking the trend, stocks of engineering and construction major L&T ended 1.42 per cent higher at Rs 1,556.50 after reports company has bagged contracts worth Rs 4,006 crore from domestic and international clients.<br /><br />Other gainers were Maruti Suzuki, Tata Motors, Tata Steel, ONGC, Axis Bank, Hind Unilever, GAIL, ITC Ltd, Cipla Hero MotoCorp and Sun Pharma cushioned the fall.<br /><br />In the 30-share Sensex, 14 stocks declined and 15 rose, while NTPC ended flat. <br /></p>