Skip to main content

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.

Comments

Post a Comment

Popular posts from this blog

Jyoti Structures bags Rs 253 cr worth orders

Jyoti Structures on Tuesday said it has bagged two orders worth Rs 253 crore from Uganda Electricity Transmission Company Ltd and Eskom Enterprises (Pty) Ltd for construction of transmission lines. The company has bagged Rs 160-crore order from Uganda Electricity Transmission Company Ltd for construction of transmission lines and sub-stations. Besides, the company's joint venture company Jyoti Structures Africa (Pty) Ltd has bagged a contract for Eskom Enterprises (Pty) Ltd, the electricity utility of South Africa for construction of transmission line. The scope of the order from Uganda Electricity Transmission Company includes supply and erection of Bujagali Interconnection Project, the manufacturer of transmission line towers informed the Bombay Stock Exchange. The contract valued at around $39.64 million (Rs 160 crore) is to be executed in 24 months, the company said, adding the company would construct 220 kV and 132 kV transmission lines and substations.
Post a Comment
Read more

Day End Report

The Sensex opened with a positive gap of 317 points at 9,362, on the back of on-going pull-back in the market. Intra-day profit taking saw the index pare gains during the day, the Sensex however ended on a firm note at 9,788 - up 744 points With today's gain, the main index of the Bombay Stock Exchange, the Sensex, gained over 27% (2,091 points) from it's Monday low of 7,697. However, the index was down almost 24% (3,072 points) for the month, and down nearly 52% (10,499 points) so far this year. The BSE Metal index surged over 10% to 5,368, and Oil & Gas index soared over 9% to 6,196.   The market breath was fairly positve - out of 2,575 stocks traded, 1,577 advanced, 915 declined and the rest were unchanged today. Mahindra & Mahindra zoomed 23% to Rs 372. HDFC soared 17.5% to Rs 1,765, and Jaiprakash Associates surged 16.5% to Rs 72. ICICI Bank rallied 15.5% to Rs 399. Sterlite gained 14.5% at Rs 282. Reliance and Reliance Communications moved up 13.8% each to Rs 1,37...
Post a Comment
Read more

Market ends quiet on the first day

Market Closing Report - Source Moneycontrol.com Sensex closed up 13.72 points or 0.07% at 20300.71, and the Nifty up 5.75 points or 0.09% at 6144.35. About 2418 shares have advanced, 651 shares declined, and 36 shares are unchanged. The BSE Bankex was up 1% at 11,510.31. IOB, Allahabad Bank, Centurion Bank, Andhra Bank, Karnataka Bank closed in green. The BSE Capital Goods Index closed flat at 19,747.80. Greaves Cotton, Kirloskar Oil, Astra Microwave, Reliance Infra closed higher. The BSE Auto Index closed at 5,716.49 up 1%. Hind Motors, Apollo Tyres, Exide Industrie, Bharat Forge, Tata Motors closed higher. The BSE Metal Index closed at 20,061.49 up 0.2%. Mah Seamless, JindalStainless, Jindal Saw, SAIL, Jindal Steel closed higher The BSE FMCG Index closed up 2.4% at 2,375.07. ITC, Marico, Tata Tea, Dabur India, HUL, Godrej Consumer ended higher BSE Oil and Gas Index closed at 13,280.88 down 0.2%. Essar Oil, Petronet LNG, Reliance Petro, ONGC ended higher. The BSE IT Index was at 4,471...
Post a Comment
Read more