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Rediff.com  » Business » Sensex ends down 769 points, DLF drops 7%

Sensex ends down 769 points, DLF drops 7%

December 17, 2007 16:37 IST
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The Sensex opened almost flat at 20,033 - up two points - but slipped soon on the back of weak global cues.

A heavy bout of selling in the late noon deals saw the index plunge to a low of 19,177 - down 856 points from the day's open.

The Sensex finally ended with a huge loss of 769 points (3.8%) at 19,261. The NSE Nifty ended at 5,777, down 271 points.

The market breadth was fairly negative at close - out of 2,954 stocks traded, 1,939 declined, 999 advanced and 16 were unchanged today.

INDEX DRAGGERS

DLF and NTPC slumped over 7% each to Rs 944 and Rs 229, respectively.

Tata Steel and HDFC plunged 6% each to Rs 824 and Rs 2,878, respectively.

ONGC and Tata Motors tumbled 5.8% each to Rs 1,166 and Rs 701, respectively.

Hindalco and Reliance Communications shed 5.5% each at Rs 201 and Rs 718, respectively.

BHEL and Bharti Airtel dropped over 5% each to Rs 2,425 and Rs 905, respectively.

SBI, Ranbaxy and Reliance declined around 4% each to Rs 2,315, Rs 406 and Rs 2,778, respectively.

ICICI Bank and TCS slipped 3.3% each to Rs 1,167 and Rs 1,010, respectively.

Hindustan Unilever was the sole gainer at Rs 219 - up nearly 1%.
 
Major Gainers

Major Losers

Name

Close

% Chg

Name

Close

% Chg

Kasch Inds 17.10 20.0 Jaiprakash Associates 400.75 81.4
Rajas Tube 20.76 20.0 Srrayl Alkps 3.80 19.8
Elder Health 61.35 20.0 Jayan Ag 6.02 18.8
Asso Alcohol 79.70 20.0 ABC India 61.45 16.7
Hasti Finance 22.65 19.9 Kallam Sping 23.00 15.0
(Close = Stock pirce at the end of day in Rs)

MOST ACTIVE COUNTERS

IFCI topped the value chart with a turnover of Rs 457.70 crore followed by Ispat Industries (Rs 309.50 crore), Kolte Patil (Rs 287.60 crore), HDFC (Rs 204.55 crore) and Reliance Petroleum (Rs 196 crore).

G V Films led the volume chart with trades of around 5.05 crore shares followed by IFCI (3.97 crore), Harig Cranks (3.81 crore), Ispat Industries (3.70 crore) and Bellary Steel (2.60 crore).
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