All the Asian indices ended deep in red.The Shanghai Composite plunged 177 points( 5.79%) to 2,871. The Hang Seng slumped 757 points (3.5%) to 20,137. The Straits Times dropped 86 points (3.25%) to 2,546.
The Sensex continued to languish in the negative zones following heavy profit booking in the realty, metal and oil & gas sectors. The NSE Nifty ended at 4,387, down 192 points.
The BSE benchmark index plunged to a low of 14,741, down 670 points from the previous close and finally settled at 14,785, down 627 points (4%). This is the highest fall after the Budget day this year. The Midcap and the smallcap's also fared badly. Midcap index slumped 4% and Smallcap index shed 3%.
All the sectoral indices were deep in red. The BSE Realty index tumbled 7.5% to 3,662.70. The metal, auto, oil&gas , bankex and FMCG indices declined 4-6% each.
INDEX SHAKERS...
DLF plunged around 8% to Rs 365. Hindalco shed 7% to Rs 100.
Tata Steel, Sterlite and Tata Motors dropped over 6.5% each to Rs 438, Rs 618 and Rs 436, respectively.
Jaiprakash Asscociates, Reliance Infrastructure, Hero Honda, ITC, Mahindra & Mahindra , ICICI Bank, Maruti, Reliance Communications and Larsen & Toubro declined 5-6.5% each.
There has been not a single gainer on the BSE today.
The market breadth was extremely negative. Out of 2,673 shares traded, 1,919 declined and 678 have declined and 76 shares were unchanged on the BSE.
VOLUME & VALUE TOPPERS ON THE BSE, NSE
Reliance topped the combined value chart with a turnover of Rs 870 crore. It was followed by Suzlon (Rs 688 crore), Tata Steel (Rs 570 crore), Unitech (Rs 541 crore) and DLF (Rs 520 crore).
Suzlon has topped the volume chart with trades of 79 million. It was followed by Unitech (62 million), IFCI (60 million), First Source (53 million) and Mahindra Satyam (39 million).