European companies are now facing the heaty of US financial meltdown. Fortis, the largest Belgian financial service firm, recently filed for the bailout. Bradford & Bingley Britain's biggest lender to landlords may also be taken over. Top losers of BSE were ICICI Bank (-11.41 pc), Jaiprakash Associates (-12.39 pc), Reliance Infra (-7.43 pc), DLF Ltd (-8.80 pc) and Satyam Computers (-8.25 pc).
There were no gainers on Sensex. On NSE, SAIL (0.97 pc), Hero Honda (0.65 pc), Cipla (0.57 pc) and GAIL (0.42 pc) were marginally up.
Rupee hits 5 year low
The rupee fell past 47.04 per dollar to its weakest since June 2003 on Monday, Sep 29 as month-end dollar demand from importers and oil refiners w
eighed and sharp losses in the share market raised worries about capital outflows.
The partially convertible rupee was at 47.10/11 per dollar, its weakest since June 2, 2003, and more than 1 percent weaker than its close of 46.545/555 per dollar on Friday, Reuters data showed