Sensex ends down 769 points, DLF drops 7%

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Sensex ends down 769 points, DLF drops 7%

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December 17, 2007 16:37 IST
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 [Get Quote] and HDFC [Get Quote] plunged 6% each to Rs 824 and Rs 2,878, respectively.

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

Hindalco [Get Quote] and Reliance Communications [Get Quote] shed 5.5% each at Rs 201 and Rs 718, respectively.

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

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

ICICI Bank [Get Quote] and TCS [Get Quote] 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 [Get Quote]	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 [Get Quote]	61.45	16.7
Hasti Finance [Get Quote]	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 [Get Quote] (Rs 309.50 crore), Kolte Patil (Rs 287.60 crore), HDFC (Rs 204.55 crore) and Reliance Petroleum [Get Quote] (Rs 196 crore).

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