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Rediff.com  » Business » Sensex ends down 386 points, Cipla gains 5%

Sensex ends down 386 points, Cipla gains 5%

February 22, 2008 17:05 IST
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The Sensex opened with a negative gap of 219 points at 17,516 on weak cues from the overseas markets.

The index displayed range-bound (17,400-17,500) movement for the major part of the trading session on Friday. A  fresh round of selling towards the close saw the index slip to a low of 17,295 - down 440 points from the previous close.

The Sensex finally ended with a loss of 386 points (2.2%) at 17,349.

The BSE Mid-cap and Small-cap indices were down 1% each at 7,594 (down 74 points) and 9,595 (down 98 points), respectively.

The NSE Nifty dropped 81 points (1.6%) to close at 5,111.

The BSE market breadth was fairly negative - out of 2,795 stocks traded, 1,766 declined, 961 advanced and 68 were unchanged on Friday.

INDEX SHAKERS...

Bajaj Auto tumbled nearly 5% to Rs 2,296. HDFC Bank and Satyam dropped over 4% each to Rs 1,475 and Rs 439, respectively.

ICICI Bank declined nearly 4% to Rs 1,099.

Infosys and SBI were down 3% each at Rs 1,580 and Rs 2,115, respectively.

Reliance and HDFC also slipped nearly 3% each to Rs 2,430 and Rs 2,574, respectively.

Wipro and Bharti Airtel declined over 2% each to Rs 422 and Rs 850, respectively.

...AND THE MOVERS

Cipla gained over 5% to Rs 199. Hindalco was up over 1% at Rs 192.
 
Major Gainers

Major Losers

Name

Close

% Chg

Name

Close

% Chg

Zodiac 40.15 17.1 Sri Ganapath 29.00 9.9
Himatsingka 87.10 11.9 Kulk Pow Too 108.10 9.9
Sky Inds 93.35 11.8 Satprop 89.90 8.4
VTM 117.00 11.3 Alkyl Amin 90.0 8.4
Sri Laks Sar 27.55 11.3 U P Hotels 319.00 8.2
(Close = Stock pirce at the end of day in Rs)

VALUE & VOLUME TOPPERS

Reliance Power topped the value chart with a turnover of Rs 524.25 crore followed by Reliance Natural Resources (Rs 219.60 crore), Reliance Capital (Rs 200 crore), OnMobile Global (Rs 165.60 crore) and Reliance (Rs 153.80 crore).

Centurion Bank of Punjab led the volume chart with trades of around 2.50 crore shares followed by Reliance Natural Resources (1.65 crore), Reliance Power (1.25 crore), Ispat Industries (1.12 crore) and IFCI (87.35 lakh).
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