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Sensex sheds 77 points at close

September 23, 2004

After stocks tumbled in early noon deals, the index slipped deep into the red towards the closing hours to touch an intra-day low of 5,531 on all-round selling pressure. It finally closed at 5,539 - down 77 points. The Nifty lost 28 points to close at 1,726.

HLL declined 2.19% (Rs 3) to Rs 120. While ITC ended a tad lower at Rs 1,163, Reliance closed down a per cent (Rs 3) at Rs 500.

Infosys slumped 2% (Rs 34) to Rs 1,630. While Satyam shed 2.35% (Rs 9) to Rs 372, Wipro dropped 2% (Rs 12) to Rs 593.

ONGC crashed 3% (Rs 23) to Rs 737. HPCL dropped 4.25% (Rs 14) to Rs 319.

Zee slipped 2.68% (Rs 4) to Rs 153. While ICICI Bank shed 2.34% (Rs 7) to Rs 288, SBI shrinked 2% (Rs 10) to Rs 483.

ACC slipped nearly 2% (Rs 5) to Rs 272. Grasim and Gujarat Ambuja were down a per cent each at Rs 1,140 (down Rs 11) and Rs 343 (down Rs 3), respectively.

Hero Honda lost 2.39% (Rs 11) to Rs 444. While Bajaj dipped 1.48% (Rs 15) to Rs 975, Maruti was down 1.72% (Rs 6) at Rs 363. Tata Motors also ended lower at Rs 410 - down Rs 2.

BHEL was down 1.57% (Rs 9) at Rs 585. While Reliance Energy tumbled 1.19% (Rs 8) to Rs 639, Tata Power closed down a tad at Rs 311.

Ranbaxy dipped 1.37% (Rs 15) to Rs 1,107. Dr. Reddy's and Cipla closed down a per cent each at Rs 750 and Rs 281, respectively.

MTNL, however, emerged as a major gainer amongst the index stocks, and notched up 3.26% gains (Rs 4) to Rs 127.

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