Market drops more than 100 points

Mumbai, Dec 8: The market closes in loss. Nifty dropped down for the fourth consecutive day and trading has dropped more than 100 points from past four days. The Nifty was below 5900.

At 5.10 hrs, BSE Sensex was 19,696.48 down 238.19 points and NSE Nifty was 5,903.70 down 72.85 points.

The most active in trading were SBI, ICICI Bank, Tata Motors and Axis.

The top gainers were BPCL up 2.52 percent, Ranbaxy Labs up 1.35 percent, GAIL up 1.08 percent and ACC up 1.37 percent.

The top losers were Axis Bank down 5.51 percent, Rel Capital down 3.47 percent, IDFC down 3.19 percent and Reliance Comm Bank down 3.47 percent.
5:10PM

Nifty hovering around; 5900 level
Nifty hovering around 5900 level with negative bias. Selling pressures are likely to increase in market. Both Sensex and Nifty continues downtrend.

At 2.35 hrs, BSE Sensex was 19,715.63 down 219.01 points and NSE Nifty was 5,898.95 up 5,898.95 points.

The most active in trading were SBI, ICICI Bank, Tata Motors and Axis.

The top gainers were BPCL up 2.72 percent, Bharti Airtel up 0.76 percent, GAIL up 1.00 percent and ACC up 1.33 percent.

The top losers were Axis Bank down 4.99 percent, Rel Capital down 3.01 percent, IDFC down 2.97 percent and Reliance Comm Bank down 2.94 percent.
2.35PM

Market continues downtrend
Market maintains its downtrend in financial, metal, auto, capital goods and Anil Dhirubhai Ambani Group companies' shares. The benchmark Nifty was at 5900 level.

At 12.50 hrs, BSE Sensex was 19,712.93 down 221.71 points and NSE Nifty was 5,903.50 down 73.05 points.

The most active in trading were SBI, ICICI Bank, Tata Motors and Reliance.

The top gainers were BPCL up 3.36 percent, Bharti Airtel up 0.76 percent, Ranbaxy Labs up 1.12 percent and ACC up 1.37 percent.

The top losers were Axis Bank down 3.76 percent, Rel Capital down 2.71 percent,Tata Steel down 2.49 percent and HDFC Bank down 3.01 percent.
12:50PM

Market opens on -Ve note; Nifty below 5950
The benchmark Nifty started trade on negative note followed by the selling in financials. Nifty was trading around 5950 level.

At 09.50 hrs, BSE Sensex was 19,755.23 down 179.41 points and NSE Nifty was 5,954.40 down 22.15 points.

The most active in trading were SBI, ICICI Bank, Tata Motors and Axis Bank.

The top gainers were BPCL up 2.62 percent, Ambuja cements up2.05 percent, ONGC up 1.27 percent and ACC up 1.22 percent.

The top losers were Axis Bank down 3.44 percent, Tata Motors down 2.76 percent, IDFC down 2.52 percent and HDFC Bank down 2.50 percent.
09:50 AM

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