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Sensex ends down 395 points at 18,419
 
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October 12, 2007 20:23 IST
Mirroring weakness in the global markets, the Sensex opened marginally lower at 18,795 - down 19 points. The index moved into positive zone in morning deals, and touched a new all-time intra-day high of 18,845 - up 31 points from the previous close.

The index, however, was unable to hold gains, and profit-taking in nooon deals saw the index tumble to a low of 18,336 - down 509 points from the day's high. The Sensex finally ended with a loss of 395 points at 18,419 after having gained 1,323 points in the last three trading days.

The Nifty lost 97 points to close at 5,428.

The BSE Bankex and the Capital Goods index dropped 2.7% each to 9311 and 16,615, respectively. The FMCG index plunged 2% to 2142. The Auto and IT indices were down over 1.5% each to 5515 and 4688, respectively.

The market breadth was fairly negative - out of 2,801 stocks traded, 1,693 declined, 1,052 advanced and the rest were unchanged today.

Index Shakers...

SBI [Get Quote] tumbled over 4% to Rs 1,862.

Larsen & Toubro, Tata Motors [Get Quote], ICICI Bank [Get Quote], BHEL and Cipla dropped around 3.5% each to Rs 3,361, Rs 802, Rs 1,053, Rs 2,341 and Rs 185, respectively.

Reliance Communications [Get Quote] and Bajaj Auto [Get Quote] slipped 3% each to Rs 718 and Rs 2,542, respectively.

Bharti Airtel [Get Quote] and Reliance slipped 2.5% each to Rs 1,069 and Rs 2,567, respectively.

Infosys [Get Quote] and Dr.Reddy's declined 2.3% each to Rs 1,930 and Rs 615, respectively.

ITC, NTPC, Satyam [Get Quote], HDFC [Get Quote], Maruti [Get Quote] and Hindustan Unilever were down 2% each to Rs 185, Rs 217, Rs 439, Rs 2,471, Rs 1,097 and Rs 221, respectively.

...And The Movers

Reliance Energy [Get Quote] and ONGC [Get Quote] surged over 2% each to Rs 1,636 and Rs 1,092, respectively.

Mahindra & Mahindra and Hindalco [Get Quote] gained 1.7% each at Rs 828 and Rs 179, respectively.

Value & Volume Toppers

Reliance topped the value chart with a turnover of Rs 907 crore followed by Reliance Energy (Rs 575.30 crore), Reliance Petro (Rs 396.20 crore), Reliance Capital [Get Quote] (Rs 394.30 crore) and Reliance Natural Resources [Get Quote] (Rs 386.70 crore).

Reliance Natural Resources led the volume chart with trades of around four crore shares followed by Power Grid (2.65 crore), Reliance Petro (2.22 crore), Ispat Industries [Get Quote] (1.43 crore) and Arvind Mills [Get Quote] (1.21 crore).


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