Benchmarks end in red; Nifty 192 pts down

Mumbai, Jul 1: At 4:00 hrs, BSE Sensex was 17,509.33 down 191.57 points and NSE Nifty was 5251.40 down 61.10 points. Benchmarks ended the day in red due to negative global cues. All the sectors witnessed sell-off.

The gainers on Sensex include HUL which went up 2.02 percent, Reliance Infra up 0.81 points, Bharti Airtel up 0.51 percent, NTPC up 0.40 percent and Tata Power, up 0.02 percent. HUL gained 1.85 percent, IDFC gained 1.73 percent and Bharti Airtel was up 0.86 percent on NSE.

Technology, metal, financial, auto, realty and capital goods companies' stocks witnessed high selling pressure. The other losers were the cigarette major ITC, Reliance Industries and Reliance Communications.

Around 607 shares advanced and 660 declined on NSE which indicated that broader indices surpassed the benchmark indices.
4:35 PM

Nifty plummets; realty, metal, banks dip

At 2:00 hrs, BSE Sensex was 17,548.44 down 152.46 points and NSE Nifty was 5262.15 down 50.35 points.

Nifty continued the journey with negative bias. The sectors of realty, metal, banks, IT and auto stocks witnessed heavy selling. All BSE sectoral indices declined.

Around 1423 shares advanced, 1525 shares declined and 375 shares remained unchanged.

The shares marginally trading in green in the largecap space include HUL, Bharti Airtel, Ranbaxy Labs, Tata Power and Idea Cellular. Reliance Communications, Sterlite Industries, ICICI Bank, TCS and Unitech went down by 2 to 3 percent.

HPCL went up 0.39 percent and Hindustan Lever was up 0.79 percent where as Reliance was trading down 1.44 percent. Infosys declined 1.1 percent and Cigarette major ITC plunged 0.48 percent.

The top gainers among BSE Midcap include Jain Irrigation, Atlas Copco, IBN18 Broadcast and Ruci Soya which gained 3 to 5 percent. The top losers were Gee Kay Finance, Kwality Dairy, Redington, Kwality Dairy, Patel Engineering and Amtek Auto which plunged 3 to 6 percent.
2:20 PM

Benchmarks southbound; RIL, TCS slump

At 12:10 hrs, BSE Sensex was 17,497.79 down 203.11 points and NSE Nifty was 5245.60 down 66.90 points.

Sensex plunged down 200 points and was struggling with selling pressure across all the sectors. Fall in the global markets dragged the Indian equities as well.

45 stocks in Nifty traded on negative notes, including the frontliners TCS, Reliance Industries, SBI, ICICI Bank, ONGC, Sterlite, Infosys, BHEL, ITC, Wipro, and L&T. The only gainers in Nifty were Ranbaxy Labs, HUL, Bharti, Idea Cellular and Tata Power.

HPCL, Redington, Reliance Industries, IFCI, Aban Offshore, Tata Steel and SBI were the most active shares on the exchanges.

Jain Irrigation, Atlas Copco, IBN18 Broadcast, Dredging Corp and Ruchi Soya gained 3 to 5 percent in the midcap space.
12:30 PM

Nifty opens on a red note; metals, tech dip

At 9:40 hrs, BSE Sensex was 17,513.09 down 187.81 points and NSE Nifty was 5252.20 down 60.30 points.

Nifty opened the market on a red note down 44 points.

The bigcaps including Sterlite, Hindalco, Tata Steel, ICICI Bank, Reliance Communications, DLF, Unitech, L&T, Jaiprakash Associates, SAIL, ACC, Infosys, ITC and HDFC were witnessing selling pressure.

HUL, Ranbaxy Labs, BPCL, HDFC Bank, GAIL and Bharti gained in trade. HUL gained 0.49 percent on BSE and 0.30 percent on NSE. Ranbaxy Labs went up 0.67 percent and IDFC went up 0.11 percent on NSE.

Asain markets were also trading lower.
9:55 AM

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