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Rediff.com  » Business » Sensex down 205 points; Jaiprakash sheds 5%

Sensex down 205 points; Jaiprakash sheds 5%

May 20, 2008 16:58 IST
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The index opened 69 lower at 17,366. The index moved in a range of 231 points between 17,136 (low) and 17,367 (high).

The index finally ended with loss of 205 points at 17,230.

The market breadth was fairly positive - out of 2,789 stocks traded, 1,431 advanced, 1292 declined and 66 were unchanged on Tuesday.

The NSE Nifty settled with a loss of 53 points at 5,105 points.

THE SHAKERS...

Jaiprakash Associates plunged over 5% to Rs 256. Reliance Infrastructure tumbled 4.5% at Rs 1,394.

BHEL slipped 3.3% at Rs 1,736, while SBI declined 2.8% at Rs 1,655.

Bharti Airtel and NTPC dropped 2.6% each to Rs 828 and Rs 186, respectively.

HDFC Bank declined 2.5% at Rs 1,464.

TCS, Hindalco, Cipla and Wipro were down over 2% each to Rs 952, Rs 199, Rs 208 and Rs 496, respectively.

DLF and Ambuja Cements declined around 2% each to Rs 636 and Rs 109,

respectively.

ONGC, Mahindra & Mahindra, ICICI Bank and Reliance were the other major losers on Tuesday.

...AND THE MOVERS

Satyam and Tata Motors gained 1.3% each at Rs 495 and Rs 678, respectively.

Infosys was up 1% at Rs 1,887.

Tata Steel, ACC and HDFC were up marginally.

MOST ACTIVE COUNTERS

Cairn India led the value chart with a turnover of Rs 290.82 crore followed by Mudra Port (Rs 263.59 crore), HDFC (Rs 256.23 crore), Aishwarya Telecom (Rs 171.34 crore) and Suzlon Energy (Rs 168.38 crore).

Aishwarya Telecom topped the volume chart with trades of around 1.47 crore shares followed by ICFI (1.40 crore), Ispat (1.14 crore), Cairn India (91 lakh) and Nagarjuna Fertilisers (89 lakh).

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