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Rediff.com  » Business » Sensex ends down 185 points; DLF plunges 4%

Sensex ends down 185 points; DLF plunges 4%

By BS Reporter in Mumbai
Last updated on: August 27, 2008 16:22 IST
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The Sensex opened 81 points higher at 14,563, but soon slipped into a negative zone for a whole day.

The index saw the profit booking in late noon deals in the realty, banking & power stocks. All the other sectoral indices were in red too.

The Sensex moved in a range of 301 points between 14,262 (low) and 14,563 (high).

The index finally ended with a loss of 185 points at 14,297.

The NSE Nifty ended with a loss of 45 points at 4,292.

The market breadth was negative - out of 2,702 stocks traded, 1,568 declined, 1,035 advanced and 99 were unchanged on Wednesday.

THE INDEX SHAKERS...

DLF plunged 4% to Rs 478. Reliance Infrastrustructure tumbled 3.6% to Rs 966.

SBI declined nearly 3% to Rs 1,331. ICICI Bank dropped 2.7% to Rs 649. HDFC slipped 2.5% to Rs 2.286, while Tata Motors lost 2.4% to Rs 423.

BHEL and Reliance Communications were down 2.3% each to Rs 1,681 and Rs 397, respectively.

HDFC Bank dropped 1.8% to Rs 1,233, and TCS was down 1.7% at Rs 818.

Tata Power and Larsen & Toubro slipped 1.6% each to Rs 1,012 and Rs 2,576, respectively.

Reliance and Ranbaxy were down around 1.4% each at Rs 2,148 and Rs 511, respectively.

ONGC, Maruti and ITC were the other major losers today.

...AND MOVERS

Hindalco gained over 2.1% to Rs 138. Tata Steel advanced 0.7% to Rs 581.

Infosys added 0.6% at Rs 1,708. Mahindra and Mahindra was up 0.3% to Rs 576.

VALUE & VOLUME TOPPERS

Nutek India topped the value chart with a turnover of Rs 266.71 crore followed by Reliance (Rs 252.27 crore), Reliance Capital (Rs 227.31 crore), Vishal Info (Rs 139.95 crore) and Reliance Natural Resources (Rs 113.60 crore).

Nutek India, also, led the volume chart with trades of around 1.31 crore shares followed by Reliance Natural Resources (1.21 crore), GTL Infrastructure (78.68 lakh), FSL (74.85 lakh) and Chambal Fertilisers (62 lakh).

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BS Reporter in Mumbai
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