The Sensex opened 74 points lower at 8,841, after extending losses in the opening trades, the index soon rebounded and touched a high of 9,042. The index, however, could not hold on the gains and slipped back into red. Unabated selling in select frontline stocks saw the index slip to a low of 8,702 - down 340 points from the day's high. The Sensex, however, rebounded into the positive zone in the last hour of trades, but eventually ended with a loss of 12 points at 8,903.
The BSE Realty index plunged 3.8% to 1,583, and the Bankex tumbled over 3% to 4,455. On the other hand, the Power index gained 2% at 1,619.
The market bearth was negative - out of 1,382 stocks traded, 1,382 declined, 1,060 advanced and the rest were unchanged today.
Satyam slumped 4.5% to Rs 230. ICICI Bank and DLF plunged nearly 4% each to Rs 323 and Rs 191, respectively.
Mahindra & Mahindra, SBI and HDFC Bank shed around 3% each at Rs 300, Rs 1,147 and Rs 832, respectively.
Ranbaxy and Grasim slipped 2.8% each to Rs 214 and Rs 908, respectively.
Tata Steel dropped 2.5% to Rs 156. Sterlite and HDFC declined nearly 2% each to Rs 215 and Rs 1,374, respectively.
ONGC and Jaiprakash Associates were down around 1.5% each at Rs 679 and Rs 57, respectively.
Reliance Infrastructure surged 4% to Rs 505. Maruti and Tata Power rallied over 3.5% each to Rs 530 and Rs 653, respectively.
TCS and Bharti Airtel gained 2.7% each at Rs 521 and Rs 636, respectively.
NTPC moved up 2% to Rs 153. Wipro, Reliance and BHEL were up around 1.5% each at Rs 234, Rs 1,145 and Rs 1,301, respectively.
Comments