The Sensex opened with a negative gap of 110 points at 13,360 on the back of continued weakness in technology stocks. Fresh buying in energy and metal stocks helped the index rebound into the positive zone and touch a high of 13,559.
The index, however, could not hold gains as a fresh round of selling in technology stocks pulled down the index to a low of 13,270 - down 289 points from the day's high. The Sensex finally ended with a loss of 139 points at 13,331.
The BSE IT index plunged 6% to 3,676.
The market breadth was negative - out of 2,649 stocks traded, 1,579 declined, 1,007 advanced and 63 were unchanged today.
The NSE Nifty ended with a marginal loss of nine points at 4040.
Ranbaxy slumped 10.5% (Rs 56) to Rs 476.
Satyam plunged 8% to Rs 409, and Infosys tumbled over 7% to Rs 1,556. TCS shed 3.8% at Rs 769. Wipro dropped 2% to Rs 404.
HDFC, BHEL, ITC and HDFC Bank slipped 3.3% each to Rs 1,933, Rs 1,470, Rs 169 and Rs 1,033, respectively.
Hindalco declined 3% to Rs 151. ICICI Bank shed 2% at Rs 580.
ACC dropped 1.5% to Rs 535. Jaiprakash Associates and Bharti Airtel were down over 1% each at Rs 155 and Rs 737, respectively.
ONGC and NTPC surged over 3% each to Rs 877 and Rs 167, respectively.
Mahindra & Mahindra and SBI rallied nearly 3% each to Rs 546 and Rs 1,258, respectively.
Tata Steel gained 2.7% at Rs 684. Ambuja Cements and Tata Motors added 2.5% each to Rs 83 and Rs 409, respectively.
Reliance Infrastructure and Hindustan Unilever moved up 2% each to Rs 818 and Rs 219, respectively.
Cipla, Reliance and Larsen & Toubro advanced 1.5% each to Rs 215, Rs 2,047 and Rs 2,392, respectively.
The index, however, could not hold gains as a fresh round of selling in technology stocks pulled down the index to a low of 13,270 - down 289 points from the day's high. The Sensex finally ended with a loss of 139 points at 13,331.
The BSE IT index plunged 6% to 3,676.
The market breadth was negative - out of 2,649 stocks traded, 1,579 declined, 1,007 advanced and 63 were unchanged today.
The NSE Nifty ended with a marginal loss of nine points at 4040.
Ranbaxy slumped 10.5% (Rs 56) to Rs 476.
Satyam plunged 8% to Rs 409, and Infosys tumbled over 7% to Rs 1,556. TCS shed 3.8% at Rs 769. Wipro dropped 2% to Rs 404.
HDFC, BHEL, ITC and HDFC Bank slipped 3.3% each to Rs 1,933, Rs 1,470, Rs 169 and Rs 1,033, respectively.
Hindalco declined 3% to Rs 151. ICICI Bank shed 2% at Rs 580.
ACC dropped 1.5% to Rs 535. Jaiprakash Associates and Bharti Airtel were down over 1% each at Rs 155 and Rs 737, respectively.
ONGC and NTPC surged over 3% each to Rs 877 and Rs 167, respectively.
Mahindra & Mahindra and SBI rallied nearly 3% each to Rs 546 and Rs 1,258, respectively.
Tata Steel gained 2.7% at Rs 684. Ambuja Cements and Tata Motors added 2.5% each to Rs 83 and Rs 409, respectively.
Reliance Infrastructure and Hindustan Unilever moved up 2% each to Rs 818 and Rs 219, respectively.
Cipla, Reliance and Larsen & Toubro advanced 1.5% each to Rs 215, Rs 2,047 and Rs 2,392, respectively.
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