Advertisement

Help
You are here: Rediff Home » India » Business » Business Headline » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

Sensex slides 334 points; Ranbaxy plunges 8%
BS Reporter in Mumbai
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
June 19, 2008 16:45 IST
Last Updated: June 19, 2008 16:49 IST

The Sensex opened with a negative gap of 172 points at 15,250 owing to weakness in global markets.

The index was in a red for a whole day due to selling pressure on realty, banking, capital goods and power stocks.

The index moved in a range of 207 points between 15,052 (low) and 15,259 (high).

The Sensex finally ended with a loss of 334 points at 15,088.

The markets breadth was negative - out of 2,717 stocks traded, 1,804 declined, 842 advanced and 71 were unchanged on Thursday.

The NSE Nifty ended with a loss of 78 points at 4,504.

The Shakers. . .

Ranbaxy [Get Quote] tumbled 7.7% to Rs 552. Reliance Infrastructure plunged 5.7% to Rs 1,012.

BHEL declined over 5% to Rs 1,423. Larsen & Toubro slipped 4.8% at Rs 2,617.

ICICI Bank [Get Quote] dropped 4.1% to Rs 753. HDFC Bank [Get Quote] lost nearly 4% at Rs 1,121. SBI [Get Quote] was down 3.7% at Rs 1,301.

HDFC shed 3.3% at Rs 2,238. ONGC [Get Quote] declined 3.1% to Rs 853. DLF was down 2.9% at Rs 478.

Tata Motors [Get Quote] slipped 2.7% to Rs 503. Jaiprakash Associates [Get Quote] lost 2.6% to Rs 177.

Maruti [Get Quote] fell 2.4% to Rs 746. Reliance was trading at Rs 2,245 - down 1.7%.

TCS [Get Quote] and Ambuja Cements were down 1.6% each at Rs 886 and Rs 89, respectively.

Grasim [Get Quote], Hindalco [Get Quote] and Hindustan Unilever were the other major losers.

. . .And The Movers

Mahindra & Mahindra gained 1.7% to Rs 580. Wipro [Get Quote] added 0.7% to Rs 488.

Cipla was trading at Rs 217 - up marginally 0.2%.

Most Active Counters

Anu Labs led the value chart with a turnover of Rs 375.97 crore followed by Niraj Cements (Rs 337.92 crore), Ranbaxy (Rs 302.82 crore), Reliance Capital [Get Quote] (Rs 189.39 crore) and Reliance Petroleum [Get Quote] (Rs 129.34 crore).

Niraj Cements topped the volume chart with trades of around 1.77 crore shares followed by Chambal Fertilisers (1.04 crore), Anu Labs (85 lakh), IFCI (82 lakh) and Reliance Petroleum (72 lakh).


 Email this Article      Print this Article

© 2008 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback