It was a dramatic and extremely important day for the markets as they hit the lower circuit stopped trading for an hour but showed remarkable recovery and ended off the lows. But the loss was fairly reasonable as compared to turmoil it saw in the opening trade. With more clarification in the statements by Sebi on Paticipatory Notes led to the recovery.
Sensex ended down over 300 points, recoverig 1400 points from the day's low.
IT stocks were the star performers and following the suit were power and capital goods that led the recovery.
Recovery was led by TCS, Reliance, Bharti Airtel, Hindalco, SAIL, Siemens, ABB, Satyam, Relaince and Infosys. Power stocks like Power Grid, PTC, Neyveli Lignite ended in green.
Top losers on the indices are ICICI Bank, HDFC, ACC, SBI, Reliance Energy.
Sensex was down 336.04 points or 1.76% at 18715.82, and the Nifty down 108.75 points or 1.92% at 5559.30.
About 1099 shares have advanced, 1885 shares declined, and 65 shares are unchanged.
The BSE Midcap Index ended at 7,600.94 down 2.3%.
The BSE Smallcap Index ended at 9,201.58 down 2%.
The BSE Bankex was down 4% at 9,607.61. SBI, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 2% at 16,824.54. L&T, Suzlon Energy, Areva T&D, BHEL, Triveni Engg closed lower.
The BSE Auto Index closed at 5,476.00 down 2%. Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 15,719.80 down 3%. Tata Steel, SAIL, Shree Precoated, Jindal Steel, Mah Seamless, Hindalco, JindalStainless closed lower.
The BSE FMCG Index closed at 2,100.38 down 2%. United Spirits, Bata India, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 10,961.30 down 0.3%. HPCL, IOC, Essar Oil ended in red.
The BSE IT Index was up 1% at 4,676.49. TCS up 2.5%, HCL Tech up 1.5%, Satyam, Infy up over 1%.
The NSE cash turnover was at Rs 24040.11 crore and the NSE F&O turnover was at Rs 98395.58 crore. The BSE cash turnover was Rs 10282.79 crore. Total market wide turnover was at Rs 132718.48 crore. In the NSE F & O segment turnover, previous high was Rs 1 lakh cr).
Sensex ended down over 300 points, recoverig 1400 points from the day's low.
IT stocks were the star performers and following the suit were power and capital goods that led the recovery.
Recovery was led by TCS, Reliance, Bharti Airtel, Hindalco, SAIL, Siemens, ABB, Satyam, Relaince and Infosys. Power stocks like Power Grid, PTC, Neyveli Lignite ended in green.
Top losers on the indices are ICICI Bank, HDFC, ACC, SBI, Reliance Energy.
Sensex was down 336.04 points or 1.76% at 18715.82, and the Nifty down 108.75 points or 1.92% at 5559.30.
About 1099 shares have advanced, 1885 shares declined, and 65 shares are unchanged.
The BSE Midcap Index ended at 7,600.94 down 2.3%.
The BSE Smallcap Index ended at 9,201.58 down 2%.
The BSE Bankex was down 4% at 9,607.61. SBI, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 2% at 16,824.54. L&T, Suzlon Energy, Areva T&D, BHEL, Triveni Engg closed lower.
The BSE Auto Index closed at 5,476.00 down 2%. Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 15,719.80 down 3%. Tata Steel, SAIL, Shree Precoated, Jindal Steel, Mah Seamless, Hindalco, JindalStainless closed lower.
The BSE FMCG Index closed at 2,100.38 down 2%. United Spirits, Bata India, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 10,961.30 down 0.3%. HPCL, IOC, Essar Oil ended in red.
The BSE IT Index was up 1% at 4,676.49. TCS up 2.5%, HCL Tech up 1.5%, Satyam, Infy up over 1%.
The NSE cash turnover was at Rs 24040.11 crore and the NSE F&O turnover was at Rs 98395.58 crore. The BSE cash turnover was Rs 10282.79 crore. Total market wide turnover was at Rs 132718.48 crore. In the NSE F & O segment turnover, previous high was Rs 1 lakh cr).
Source:moneycontrol.com
