All the sectoral indices on BSE were in the negative territory. Realty and banking shares were the worst hit. Asian stocks tumbled today as investors feared rising inflation and sluggish US economic growth would seriously dent consumer demand in the region's biggest export market. The US markets declined on Friday last week on concerns about a worsening housing recession and rising crude oil prices.
Backhome, Reliance Industries fell 0.85 pc at Rs 2,533, ICICI Bank fell 1.49 pc to Rs 850.90, Larsen&Toubro fell 2.14 pc to Rs 2,784, while Bharat Heavy Electricals was down 4.53 pc at Rs 1,668, Jaiprakash Associates down 3.24 pc at Rs 229.95, ITC down 2.74 pc at Rs 207.75, Reliance Infrastructure down 2.71 pc at Rs 1,256 and Maruti Suzuki down 2.26 pc at Rs 772.30, topped the losers' list.
However, Bharti Airtel was up 2.35 pc at Rs 856.50, Cipla gained 0.59 pc at Rs 204.70, and TCS, Hindustan Unilever and Grasim Industries were at marginal gains. Bajaj Auto, which was re-listed today after a demerger scheme, was the top traded counter on BSE in terms of turnover. The stock was trading at Rs 633.80 on a turnover of Rs 33.79 crore.