Sensex sheds 213pts on profit booking
Friday, 20 November 2009
MUMBAI, Nov 19 (Business Standard): The Sensex opened in the positive at 17,004 but soon slipped into the negative territory. The BSE-benchmark touched a low of 16,712, down 293 points from the day's high on intense selling. The Sensex finally ended at 16,785, down 213 points. The NSE Nifty settled at 4,989, down 66 points.
ICICI Bank was the chief dragger which attributed to 29 points on the Sensex, followed by Reliance (22 points) and SBI (19 points).
The market breadth was fairly negative, out of 2,820 shares traded, 1,672 declined and 1,065 advanced on the BSE.
All the sectoral indices ended on a negative note. The BSE realty index dragged the market, down 4.5 per cent. It was followed by bankex and metal indices, down above 1.5 per cent each.
Jaiprakash Associates tumbled 4.5 per cent to Rs 227 and Reliance Infrastructure slumped 4 per cent to Rs 1,105, respectively.
DLF and Hindalco dropped 3.5 per cent each to Rs 366 and Rs 129, respectively.
Reliance Communications, Sterlite, ICICI Bank and SBI slipped 2 per cent each.
The other prominent losers were Sun Pharma, Tata Steel, Tata Motors, Hero Honda, Bharti Airtel, HDFC Bank, Mahindra & Mahindra, ONGC and TCS, down 1-2 per cent each.
ICICI Bank was the chief dragger which attributed to 29 points on the Sensex, followed by Reliance (22 points) and SBI (19 points).
The market breadth was fairly negative, out of 2,820 shares traded, 1,672 declined and 1,065 advanced on the BSE.
All the sectoral indices ended on a negative note. The BSE realty index dragged the market, down 4.5 per cent. It was followed by bankex and metal indices, down above 1.5 per cent each.
Jaiprakash Associates tumbled 4.5 per cent to Rs 227 and Reliance Infrastructure slumped 4 per cent to Rs 1,105, respectively.
DLF and Hindalco dropped 3.5 per cent each to Rs 366 and Rs 129, respectively.
Reliance Communications, Sterlite, ICICI Bank and SBI slipped 2 per cent each.
The other prominent losers were Sun Pharma, Tata Steel, Tata Motors, Hero Honda, Bharti Airtel, HDFC Bank, Mahindra & Mahindra, ONGC and TCS, down 1-2 per cent each.