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Day End Report

The Sensex slumped to a low of 8,567 - down 1,205 points from the previous close - towards the fag end of the day. The index finally ended with a hefty loss of 11% (1,071 points) at 8,701 - its third worst single-day loss percentage loss ever.
 The market breadth was extremely negative with almost nine stocks for every advancing share - out of 2,628 stocks traded, 2,322 declined, 260 advanced and 46 were unchanged today.

11 out of the 30 index stocks were down over 15% each.

DLF nose-dived 24% to Rs 204. Ranbaxy and Hindalco crashed 18% each at Rs 189 and Rs 43, respectively.

Tata Motors and Reliance slumped 16.5% each to Rs 163 and Rs 1,015, respectively.

Mahindra & Mahindra and Reliance Communications tumbled 16% each to Rs 287 and Rs 193, respectively.

ICICI Bank, ONGC, Sterlite and Reliance Infrastructure plunged around 15% each to Rs 310, Rs 660, Rs 209 and Rs 381, respectively.

Only nine out of the 30 index stocks managed to record loss of less than 10% each.

Tata Power slipped over 14% to Rs 625. Wipro shed 13.6% at Rs 235.

Bharti Airtel dropped over 13% to Rs 534, and SBI declined 12.7% to Rs 1,156.

Unitech more than halved in today's trading to Rs 30 as against its yesterday's closing price of Rs 62. Puravankara slumped 44.3% to Rs 49. Suzlon Energy crashed 39% to Rs 47.

IVRCL Infrastructure, Kalyani Steel, UTV Software, IFCI, Orbit Corporation, National Aluminium, Wire & Wireless, Kotak Bank, Parsvanth, Lanco Infrastructure, Aditya Birla Nuvo, Moser Baer, Allcargo Global, ENT Network, Suashis Diamond and Glenmark Pharma were down 20-29% each.

Jaiprakash Associates tumbled over 12% to Rs 60. Grasim plunged nearly 11% to Rs 1,053.

HDFC and TCS declined 10.5% each to Rs 1,573 and Rs 490, respectively. Maruti was down almost 10% at  Rs 534.

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