It was one of the most volatile day for the markets in recent past wherein Sensex opened weak with over 150 points cut following second steepest ever drop yesterday and proceed to trade extremely weak on account of subprime issue coupled with Yen carried trade. Sensex fell nearly 600 points by the mid seesion but in post lunch trade the bulls put up brave fight leading to spectacular recovery over 500 points. But finally, bulls could not maintain their momentum and again markets slipped in late trade on the back of sharp sell off witnessed in metal and IT stocks.
Sensex ended down 216.69 points or 1.51% at 14141.52, and the Nifty was down 70.55 points or 1.69% at 4108.05. About 1010 shares have advanced, 1940 shares declined, and 52 shares are unchanged.
BSE Midcap was down 92.97 points or 1.46% at 6,259.47 and BSe Smallcap was down 102.46 points or 1.31% at 7,694.80.
BSE Auto index was down 101.32 or 2.17% at 4,560.85. Major losers in auto space were Cummins at Rs 358.05 down Rs 16.65 and Hind Motors at Rs 25.75 down Rs 1.10.
BSE Bankex was down 69.96 points or 0.94% at 7,351.37. Oriental Bank at 208.85 down Rs 9.80 and Kotak Mahindra at Rs 634.80 down Rs 31.05 were the top losers.
BSE Consumer Durable index was down 98.91 points or 2.41% at 3,999.01. Videocon Indust at Rs 339.95 down 6.09% and Rajesh Exports at Rs 505.00 down 5.52% were the top losers in this segment.
BSe Cap Good index was down 184.66 points or 1.51% at 12,029.90. Areva T&D at Rs 1,504.80 down 5.18% and ABB at Rs 1,024.75 down 3.36% were the worst hit counters.
BSE FMCG index was down 43.44 or 2.34% at 1,811.66. United Brewerie at Rs 281.10 down 6.41% and Colgate at Rs 368.05 down 4.29% were the top losers.
BSe Pharma index was down 39.65 points or 1.12% at 3,487.30. Orchid Chemical at Rs 200.95 down 6.51% and Wyeth at Rs 558.80 down 6.35 % were the weakest stocks.
BSE IT index was down 136.73 points or 2.95% at 4,500.40, Satyam at Rs 440.20 down 5.81% and Patni Computer at Rs 363.95 down 5.42% were the top losers.
BSe Metal index was down 488 points or 4.74% at 9,811.61. JSW Steel at Rs 567.75 down 7.55% and Shree Precoated at Rs 269.30 down 7.50% were the worst hit counters.
BSe oil & gas index was down 77.44 points or 1.03% at 7,427.15, HPCL at Rs 225.50 down 8.57% and GAIL at Rs 296.40 down 4.85% were the top losers.
BSE Realty index was up 39.80 points or 0.57% at 7,019.88. Anant Raj Ind at Rs 1,146 down 4.57% and Parsvnath at Rs 289.70 down 4.07% were the top losers.
Sensex ended down 216.69 points or 1.51% at 14141.52, and the Nifty was down 70.55 points or 1.69% at 4108.05. About 1010 shares have advanced, 1940 shares declined, and 52 shares are unchanged.
BSE Midcap was down 92.97 points or 1.46% at 6,259.47 and BSe Smallcap was down 102.46 points or 1.31% at 7,694.80.
BSE Auto index was down 101.32 or 2.17% at 4,560.85. Major losers in auto space were Cummins at Rs 358.05 down Rs 16.65 and Hind Motors at Rs 25.75 down Rs 1.10.
BSE Bankex was down 69.96 points or 0.94% at 7,351.37. Oriental Bank at 208.85 down Rs 9.80 and Kotak Mahindra at Rs 634.80 down Rs 31.05 were the top losers.
BSE Consumer Durable index was down 98.91 points or 2.41% at 3,999.01. Videocon Indust at Rs 339.95 down 6.09% and Rajesh Exports at Rs 505.00 down 5.52% were the top losers in this segment.
BSe Cap Good index was down 184.66 points or 1.51% at 12,029.90. Areva T&D at Rs 1,504.80 down 5.18% and ABB at Rs 1,024.75 down 3.36% were the worst hit counters.
BSE FMCG index was down 43.44 or 2.34% at 1,811.66. United Brewerie at Rs 281.10 down 6.41% and Colgate at Rs 368.05 down 4.29% were the top losers.
BSe Pharma index was down 39.65 points or 1.12% at 3,487.30. Orchid Chemical at Rs 200.95 down 6.51% and Wyeth at Rs 558.80 down 6.35 % were the weakest stocks.
BSE IT index was down 136.73 points or 2.95% at 4,500.40, Satyam at Rs 440.20 down 5.81% and Patni Computer at Rs 363.95 down 5.42% were the top losers.
BSe Metal index was down 488 points or 4.74% at 9,811.61. JSW Steel at Rs 567.75 down 7.55% and Shree Precoated at Rs 269.30 down 7.50% were the worst hit counters.
BSe oil & gas index was down 77.44 points or 1.03% at 7,427.15, HPCL at Rs 225.50 down 8.57% and GAIL at Rs 296.40 down 4.85% were the top losers.
BSE Realty index was up 39.80 points or 0.57% at 7,019.88. Anant Raj Ind at Rs 1,146 down 4.57% and Parsvnath at Rs 289.70 down 4.07% were the top losers.
Markets today:
Market makes smart recovery during the day in line with global markets
Nifty manages to close over 4100, Sensex over 14000
Sensex down 217 points at 14141.5; recovers 362 points from days low
Nifty down 71 points at 4108; recovers 100 points from days low
CNX Midcap Index down 2%, BSE Small-cap Index down 1.3%
All BSE Sectoral Indices end in the red barring Reality Index
BSE Metal Index down 4.7%, BSE IT Index down 3%, BSE FMCG Index down 2.3%
Index Losers; HPCL down 8.5%, Sterlite down 7.2%, Satyam down 5.8%, Tata Steel down 5.4%
Index Gainers; RIL up 0.80%, Sun Pharma up 1.8%, Wipro, Siemens up 1% each
NSE Advance Decline ratio at 1:4
Total market turnover at Rs 86945.69 cr Vs Rs 63845.27 cr on Thursday
New Listing: Zylog Systems closes at Rs 427.5 Vs listing price of Rs 435 (issue price Rs 350)
Turnover today:
BSE cash - Rs 6791.85 cr
NSE cash - Rs 15274.84 cr
NSE f&o - Rs 64879 cr
Total - Rs 86945.69 cr
Source:moneycontrol.com
