Mkts end -ve due to sell off in metal, cement, IT
Mumbai, Aug 19: The markets ended the day in red. The BSE Sensex shut shop at 14,809.64, down 225.62 and NSE Nifty closed at 4394.10, down 64.80.
The fall in markets across the globe was due to sell offs. Sell off in oil & gas, metal, cement, power, technology, FMCG and select banking stocks weighed on Sensex.
The fall in Chinese index, Shanghai which led to the Monday, Aug 17 fall in Indian markets again led the markets to a fall.
Broader
indices
too
ended
negative.
BSE
Midcap
plunged
1.1
per
cent
while
Smallcap
Index
ended
the
day
down
by
0.5
per
cent.
4:30
PM
Sensex tanks 237 pts; all sectoral indices in red
At 1: 30 pm, the BSE Sensex went down by 237 points, to 14,797 and the Nifty down 73 points, to 4,385 while the broader indices declines 0.5 to 1 per cent.
All the sectoral indices continue to trade in the negative.
Losing 3 to 4 per cent, the top losers were ACC, Reliance Infrastructure, Tata Steel, Grasim, Reliance Communication and Ambuja Cements. Reliance Industries, ONGC, SBI, NTPC, TCS, Infosys, ICICI Bank, L&T and ITC were the negative contributors on the bourses.
The top percentage gainers were Sah Petroleums and Bengal & Assam were up 20% each. Puravankara Projects, Bharati Shipyard, Numeric Power, Hind Rectifiers, Swiss Glascoat and Haldyn Glass surging 9.5 to 12 per cent.
The
top
percentage
losers
were
Glenmark,
RR
Finance,
Camphor
and
All,
Inani
Marbles,
ABC
Bearings,
Bal
Pharma,
Dhunseri
Tea,
Fresenius
Kabi
and
Cummins.
2:
45
PM
5pc fall in Shaghai weighs on Indian mkts, again
Led
by
a
5
pc
fall
in
Shanghai
agian,
Indian
markets
extended
losses
to
come
close
to
the
Monday,
Aug
17
losses.
At
1
pm,
BSE
Sensex
was
trading
at
14,764.57,
down
270.69
and
NSE
Nifty
was
at
4361.30,
down
by
97.60
points.
All the sectoral indices are in red. The BSE Oil & Gas, Realty, Auto, Bank, Metal and Capital Goods indices fell 2 to 3 per cent.
Among the broader indices, the BSE Midcap slipped 1.7 per cent and the Smallcap Index down 1 per cent.
In the oil & gas arena, HPCL, Reliance Industries, IOC, GAIL, BPCL and ONGC slipped 1.8 to 3.8 per cent.
Unitech plunged 5 per cent, HDIL, Orbit Corporation, Parsvnath, Indiabulls Real and DLF lost 1 to 3 per cent in the realty space.
In the Auto arena, Bharat Forge, Bajaj Auto, M&M, Tata Motors, Hero Honda, Ashok Leyland, Maruti Suzuki and Amtek Auto declined 1.5 to 5 pc.
In the banking, SBI went down 3.36 per cent, ICICI Bank, Bank of Baroda, Axis Bank, PNB and HDFC Bank were other losers
Among metals, Tata Steel, Jindal Saw, Sesa Goa, JSW Steel, Hindalco, SAIL, Jindal Steel and Sterlite Industries lost 1.6-3.8%.
In
the
Capital
Goods
counter,
Punj
Lloyd,
Crompton
Greaves,
Suzlon
Energy,
Siemens,
L&T,
BHEL
and
ABB
was
dipped.
1:18
PM
Mkts choppy, Sensex flat at 15,035
The Dalal Street opened to choppy trade. At 9:57 am, the NSE Nifty was up just 1 point, to 4,459 and the BSE Sensex was flat at 15,035. The CNX Midcap gained 25 points, to 5,834 in early trade.
L&T, HUL, Bharti, BPCL, Wipro, ITC, Hero Honda, Sun Pharma, Tata Steel, Power Grid, Tata Motors and ICICI Bank were the losers while Cipla, Cairn India, Sterlite Industries, DLF, ABB, HCL Tech, Siemens India, Ranbaxy Labs, HDFC, Unitech and ACC gained.
Among the Midcaps, Mahindra Satyam, Alok Industries, Mercator Lines, Indiabulls Financial, HOEC, Moser Baer, Provogue, Orchid Chemical, Prism Cement, Balaji Tele and 3i Infotech gained 1.5 to 4 per cent.
The
Asian
markets
were
trading
mixed.
10:
18
AM
OneIndia News