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Day End Report

A heavy bout of selling in Reliance dragged the index in negative zone. The index, thereafter, tumbled to a low of 9,267 - down 569 points - as weakness spread to some other stocks.

The Sensex finally ended with a loss of 151 points at 9,385. In the process, the index was down 579 points for the week.

The BSE Capital Goods and Auto indices dropped over 4% each to 6,951 and 2,440, respectively. The Metal and Consumer Durables index slipped over 3% each to 4,873 and 1,940, respectively.

The market breadth was negative - out of 2,592 stocks traded, 1,589 declined, 929 advanced and 74 were unchanged today.

The Sensex opened with a positive gap of 263 points at 9,799 on the back of positive cues from the US markets. The index touched a high of 9,836, but soon pared gains owing to weakness in technology stocks.

ACC slumped 9% to Rs 419. Tata Motors tumbled 8.5% to Rs 137, and Tata Steel shed 6.5% at Rs 173.

HDFC plunged nearly 5% to Rs 1,558. Jaiprakash Associates and Reliance Infrastructure dropped around 4.5% each to Rs 74 and Rs 517, respectively.

Larsen & Toubro and BHEL slipped 4.3% each to Rs 792 and Rs 1,280, respectively.

Sterlite and Maruti declined over 4% each to Rs 227 and Rs 537, respectively.

Mahindra & Mahindra and Infosys were down 3.3% each at Rs 331 and Rs 1,218, respectively.

Wipro and ONGC were down over 2.5% each at Rs 241 and Rs 694, respectively.

Bharti Airtel surged 3% to Rs 650. Tata Power and Reliance Communications rallied around 2% each to Rs 746 and Rs 220, respectively.

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Day End Report

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