Mkts close on -Ve bias, Nifty at below 6100 level
The 50-share NSE Nifty closed at 6071, down 122 points and the 30-share BSE Sensex tumbled 432 points to 20156.
Bajaj Auto, HDFC, Dr Reddys Labs, Hero Honda, which among the top gainers, were at 0.87 percent, 0.55 percent, 0.38 percent, 0.26 percent up respectively.
DLF,
IDFC,
Mah
and
Mah,
SBI,
which
among
the
top
losers,
were
at
5.56
percent,
5.23
percent,
4.98
percent,
4.70
percent
down
respectively.
4:24
PM
Mkts dip further; RIL, SBI, Infosys lose
As Asian markets fell further, Nifty witnessed huge sell-off for the second consequtive day. By shedding 100 points, index has tested 6100 level while the Sensex tumbled around 350 points.
At 2:05 pm, BSE Sensex was at 20,258.29, down 330.80 points and NSE stood at 6,090.15, down 104.10 points.
The lower-than expected IIP data also weighed on the markets.
Among
the
losers
were
Jindal
Steel,
SAIL,
Sterlite
Industries,
Hindalco
and
Tata
Steel
down
2
to
3.5
per
cent
in
the
metal
space,
DLF
from
realty
space
lost
3.5
per
cent;
L&T
and
BHEL
from
capital
goods
segment
slipped
1.2
per
cent
each.
Heavyweights
like
Reliance
Industries,
SBI
and
Infosys
were
down
1.5
to
2
per
cent.
Bharti
Airtel
was
down
3.7
per
cent
and
ICICI
Bank
down
2.5
per
cent.
2:14
PM
Weak IIP data weighs down on benchmarks
With
the
Sep
2010
IIP
data
coming
at
4.4
per
cent
as
against
8.2
per
cent
recorded
in
Sep
2009,
the
benchmarks
slipped
into
red.
Sensex
tanked
over
100
points,
weighed
down
by
weak
global
cues
as
well.
At 11:58 am, BSE Sensex was at 20,439.79, down 149.30 and NSE Nifty was at 6,155.30, down 38.95 points.
Among the top losers were Bharti Airtel down 2.82 per cent; DLF down 2.44 per cent; Reliance Communications down 1.79 per cent; Jindal Steel down 1.73 per cent; Hindalco down 1.6 per cent; Reliance Power down 2.25 per cent and IDFC down 1.94 per cent.
Among
the
gainers
were
HDFC
was
trading
up
1.67
per
cent;
Sun
Pharma
up
1.54
per
cent;
Bajaj
Auto
up
1.44
per
cent;
Cipla
up
1.13
per
cent;
Dr
Reddys
Labs
up
0.99
per
cent;
Sterlite
Industries
up
0.78
per
cent;
Hero
Honda
up
0.70
per
cent
and
NTPC
up
0.60
per
cent.
12:12
PM
Mkts open lower awaiting industrial output data
Awaiting September 2010 industrial output data due around 11 am, the markets opened lower. Nifty was also hit by weak world equities.
At 9:17 am, BSE Sensex was trading at 20492, down 96 points and NSE Nifty was at 6172, down 21.7 points. The CNX Midcap fell 21 points to 9640.
The frontline losers were DLF, Bharti Airtel, Hindalco, Sesa Goa, Reliance Power, SBI, L&T, ICICI Bank, SAIL, Infosys and Kotak Mahindra Bank.
Sun
Pharma,
Cipla
and
Ranbaxy
Labs
were,
however,
trading
on
the
positive
side
as
they
were
on
the
buyers
radar.
10:10
AM
OneIndia News