Mirroring negative cues from the global markes, the Sensex opened with a significant negative gap of 330 points at 14,569. Selling was seen across-the-board with big losses in realty, technology, financial and metal stocks.
The Sensex dropped to a low of 14,439 in intra-day deals, and finally ended with a loss of 415 points at 14,484.
The market breadth was fairly negative - out of 2,728 stocks traded, 1,626 declined, 1,011 advanced and the rest were unchanged today.
Ranbaxy slumped nearly 9% to Rs 450.
HDFC plunged 5.8% to Rs 2,281. DLF tumbled 5.5% to Rs 494, and Jaiprakash Associates dropped over 5% to Rs 168.
Wipro slipped nearly 5% to Rs 426. HDFC Bank, ICICI Bank and Infosys declined 4.3% each to Rs 1,247, Rs 687 and Rs 1,713, respectively.
Sterlite and Satyam shed around 4% each at Rs 588 and Rs 416, respectively.
Tata Steel and Reliance slipped around 3.5% each to Rs 561 and Rs 2,079, respectively. Grasim was down over 3% at Rs 1,956.
Bharti Airtel shed 2.7% at Rs 804. Hindalco, Larsen & Toubro, Tata Motors and BHEL were down around 2% each.
Hindustan Unilever moved up 1.8% to Rs 245.
ONGC and ITC were the only other gainers among the index stocks.
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