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Day End Report

The Sensex opened with a negative gap of 182 points at 16,468 on global weakness.
Unabated selling in the banking, metal and capital goods stocks saw the index tumble to a low of 16,300 - down 349 points from its previous close.
The Sensex finally ended with a loss of 301 points at 16,348.
The market breadth was negative - out of 2,758 stocks traded, 667 advanced, 2,043 declined and 48 were unchanged today.
The NSE Nifty settled with a loss of 71 points at 4,875.
Jaiprakash Associates tumbled 5.6% to Rs 224, while Ambuja Cements plunged 5.4% to Rs 97.
BHEL and Reliance Communications declined over 5% each to Rs 1,656 and Rs 543, respectively.
ICICI Bank slipped 4.3% to Rs 827. HDFC was trading at Rs 2,573 - down 3.9%.
Maruti shed 3.8% to Rs 760. ITC was down 2.7% to Rs 206.
Grasim dropped 3.5% to Rs 2,209. Hindalco, Larsen & Toubro and Reliance Infrastructure declined over 3.3% each to Rs 186, Rs 2,750 and Rs 1,249, respectively.
Tata Steel dipped 2.4% to Rs 875. SBI and Cipla dropped over 2.2% to Rs 1,538 and Rs 199, respectively.
Tata Motors was down 2.1% to Rs 624. Hindustan Unilever and ACC lost around 2% each to Rs 231 and Rs 655, respectively.
DLF, HDFC Bank and Mahindra & Mahindra were the other major losers.

Infosys surged 3.3% to Rs 1,886. Bharti Airtel gained 3.1% at Rs 863.
TCS advanced 2.7% to Rs 959.

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