The Sensex opened with a positive gap of 96 points at 12,793, and soon rallied to a high of 12,902 - up 205 points from the previous close.
Profit taking at higher levels coupled with heavy selling in cement stocks saw the index slip into the negative zone and tumble to a low of 12,390 - an intra-day fall of 512 points.
However, renewed buying interest at lower levels saw the index recover some losses and finally settle at 12,580 - down 117 points.
|
World Markets | ||||
|
Index |
Country |
Value |
Net Chg |
% Chg |
|
Sensex |
India |
12697 |
282 |
2.3 |
|
Hang Seng |
Hong Kong |
18919 |
(140) |
(0.7) |
|
Nikkei |
Japan |
16765 |
(80) |
(0.5) |
|
Shanghai |
China |
2897 |
56 |
2.0 |
|
Straits Times |
Singapore |
3059 |
23 |
0.7 |
|
FTSE |
Britan |
6140* |
2 |
0.0 |
|
CAC 40 |
France |
5449* |
12 |
0.2 |
|
DAX |
Germany |
6608* |
13 |
0.2 |
|
* Markets are open now, last updated at 1630 Hrs | ||||
The Bankex and Metal index tumbled over 2.5% each to 6191 and 7776, respectively. The FMCG index was down 2% at 1664.
The market breadth was extremely negative - out of 2,579 stocks traded, 1,959 declined, 579 advanced and 41 were unchanged today.
Index movers & shakers
Gujarat Ambuja crashed 8.5% to Rs 104, and ACC tumbled 4.7% to Rs 814.
Wipro and Ranbaxy plunged around 4% each to Rs 557 and Rs 310, respectively. ICICI Bank dropped 3% to Rs 827.
SBI shed 2.7% to Rs 965. Hindalco and ITC slipped 2.5% each to Rs 127 and Rs 158, respectively.
HDFC Bank and HLL declined over 2% each to Rs 916 and Rs 168, respectively.
Maruti and Tata Steel dropped around 1.5% each to Rs 777 and Rs 413, respectively. Infosys and Grasim were down 1% each at Rs 2,092 and Rs 2,104, respectively.
Cipla surged 5% to Rs 233. Reliance Communications rallied 2.5% to Rs 411.
Dr.Reddy's, Tata Motors and Larsen & Toubro advanced around 2% each to Rs 634, Rs 741 and Rs 1,454, respectively.
HDFC moved up 1.7% to Rs 1,527.