News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Home  » Business » Sensex ends down 153 points; M&M soars 7%

Sensex ends down 153 points; M&M soars 7%

By BS Reporter in Mumbai
February 12, 2009 16:48 IST
Get Rediff News in your Inbox:

The Sensex opened 60 points lower at 9,559 amid negative cues from the other Asian markets which were down around 2% each. The index attempted a recovery in early noon trades, but could only manage to touch a high of 9,580.

A second round of selling in technology and energy shares saw the index drift deeper into red to a low of 9,446. The Sensex finally ended with a loss of 153 points at 9,466.

The NSE Nifty ended at 2893, down 33 points.

The BSE IT index shed 2.5% at 2,171, and the Oil & Gas index dropped nearly 2% to 6,410.

The market breadth was marginally positive - out of 2,511 stocks traded, 1,311 advanced and 1,089 declined on Thursday.

INDEX SHAKERS...

Jaiprakash Associates slumped 4.8% to Rs 73. Ranbaxy tumbled nearly 4% to Rs 213.

Bharti Airtel plunged 3.5% to Rs 650. Infosys and ICICI Bank shed 3.3% each at Rs 1,258 and Rs 421, respectively.

Maruti dropped 3% to Rs 614. Tata Steel, BHEL and Reliance slipped around 2.5% each to Rs 185, Rs 1,412 and Rs 1,352, respectively.

Sterlite declined nearly 2% to Rs 269. ONGC and ACC were down 1.7% each at Rs 695 and Rs 549, respectively.

Tata Power and Grasim were down around 1.5% each at Rs 795 and Rs 1,340, respectively.

ITC, Larsen & Toubro and TCS declined around 1% each.

...AND THE MOVERS

Mahindra & Mahindra soared nearly 7% to Rs 300.

DLF surged 3.5% to Rs 156, and Reliance Infrastructure gained 1.5% at Rs 550.

VALUE & VOLUME TOPPERS

United Spirits topped the value chart with a turnover of Rs 251 crore followed by Reliance (Rs 187.70 crore), Educomp Solutions (Rs 153.70 crore), Reliance Infrastructure (Rs 132 crore) and Reliance Capital (Rs 130.50 crore).

Cals Refineries led the volume chart with trades of around 2.09 crore shares followed by Unitech (1.80 crore), Spice Telecom (1.68 crore), Satyam (1.53 crore) and Hexaware (1.31 crore).

Get Rediff News in your Inbox:
BS Reporter in Mumbai
Source: source
 

Moneywiz Live!