After crashing over 700 points in intra-day trades, the market ended slightly below 15,100 levels and shed 3.25% on across-the-board selling. Stocks across-the-board witnessed another round of heavy correction, as sentiment remained bearish for the second session on crude oil worries (over $138 a barrel in the USA market), liquidity squeeze in the domestic market and sharp downfall in other Asian indices. The market had dropped around 200 points in last sessions. Major Asian indices like the Nikkei, the Kospi, the Jakarta and the Straits Times shed over 1-2% each, thereby adding pressure on the domestic indices.
The Sensex finally ended with a loss of 506 points at 15,066.
The market breadth was extremely negative - out of 2,693 stocks traded, 2,170 declined and 474 advanced and 49 were unchanged.
The NSE Nifty ended with a loss of 127 points at 4,501.
Jaiprakash Associates tumbled 8.6% to Rs 184. DLF plunged 7.4% at Rs 481. ONGC slipped over 7% to Rs 873.
HDFC declined 6% at Rs 2,207, while Reliance Infrastructure slipped 5.6% to Rs 1,038.
Wipro dipped 4.8% to Rs 480. TCS and Infosys shed around 4.5 each at Rs 915 and Rs 1,904, respectively.
HDFC Bank and Tata Motors were down 4.3% each to Rs 1,184 and Rs 517, respectively.
Ambuja Cements lost 4.1% to Rs 82. Satyam and Reliance declined 3.4% each at Rs 491 and Rs 2,163, respectively.
BHEL was down 3.3% at Rs 1,374, and SBI slipped 3.2% to Rs 1,293.
Larsen & Toubro and ITC lost nearly 3% to Rs 2,602 and Rs 207, respectively.
ICICI Bank and Bharti Airtel were down 2.7% each at Rs 750 and Rs 781, respectively.
ACC, Maruti and NTPC were the other major losers.
Ranbaxy gained 3.9% at Rs 526.
Reliance Communications advanced 1.3% to Rs 554.
Hindalco was up 0.2% to Rs 176.
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