Sensex closes above 20,000 mark, FMCG down
The 30-share BSE Sensex closed at 20,005.37, down 216.02 points or 1.07 percent and the 50-share NSE Nifty fell 69.35 points or 1.14 percent to 6,012.65.
Reliance Comm, Mah and Mah, Tata Steel and Hindalco were among the top gainers with 3.95 percent, 1.67 percent, 1.53 percent and 0.78 percent up respectively.
NTPC,
HDFC,
Maruti
Suzuki
and
Kotak
Mahindra
were
among
the
top
losers
3.41
percent,
2.63
percent,
2.63
percent
and
2.44
percent
down
respectively.
5:05
PM
Sensex continues to be red; ONGC, HDFC dip
The Sensex was trading at 19976.50, down 244.89 points and the Nifty was at 6006.40, 75.60 down points.
ONGC, NTPC, Bharti Airtel, ICICI Bank, HDFC, ITC and SAIL were down 2-3 percent. TCS, HDFC Bank, L&T, DLF, HUL, JSPL and Sun Pharma also declined 1-1.8 percent.
Maruti lost 3 percent and Kotak Mahindra Bank fell 2.5 percent. Reliance Industries declined 0.5 percent.
Tata
Steel
and
Hindalco
were
the
top
gainers.
3:47
PM
Sensex volatile on sell-off, weak Asian cues
On back of sell-off and profit booking, Sensex was trading amid volatity. Both the benchmarks, Sensex and Nifty, were weighed down by weak Asian cues.
At 12:10 pm, BSE Sensex was at 20,139.81, down 81.58 points and NSE Nifty was at 6054.85, down 27.15 points.
Sell off was seen in FMCG and private financial companies' shares along with NTPC, SAIL, Bharti, ONGC, TCS, L&T, Infosys, Tata Motors, DLF, Hero Honda and Sun Pharma.
However, on the positive side, buying in heavyweights like Reliance Industries, SBI and Wipro capped the losses.
Among
the
other
gainers
were
M&M,
Wipro,
Hindalco,
Sterlite
Industries,
BHEL,
Tata
Steel,
Power
Grid,
Ranbaxy
Labs
and
Dr
Reddy's
Labs.
12:12
PM
Mkts open red on weak Asian cues
Both the benchmark indices have opened the day on a negative note due to weak Asian cues. At 9:17 am, BSE Sensex was at 20169, down 52 points and NSE Nifty was trading at 6068, down 14 points.
Selling pressure was seen in frontliners like Jindal Steel & Power, Hindalco, Sterlite Industries, Bharti Airtel, TCS, Sesa Goa, NTPC and ICICI Bank.
On the positive side, Cipla, Wipro, Power Grid, M&M and Jaiprakash Associates were witnessing buying interest.
Adding
cheer
to
the
markets
were
the
new
listings.
Bangalore-based
Prestige
Estates
was
trading
at
Rs
205,
up
12
per
cent,
against
the
issue
price
of
Rs
183
a
share.
Gyscoal
Alloys
surged
44
per
cent
to
Rs
103
a
share
as
against
issue
price
of
Rs
71
on
first
day.
BS
Transcomm
rose
3.5
per
cent
to
Rs
256
as
against
issue
price
of
Rs
248
a
share.
9:33
AM
OneIndia News