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Sensex slips to 19600, realty, banks, pharma down

Thursday, 16 December 2010


MUMBAI, Dec 15 (Economic Times): Equities were witnessing profit booking across the board as sentiments turned bearish in global markets. Realty, banks and pharma were beaten down while IT stocks showed some resistance.
At 2:20 pm, Bombay Stock Exchange's Sensex was at 19601.89, down 197.30 points or 1 per cent. The index touched a high of 19817.61 and low of 19599.41 in trade so far.
National Stock Exchange's Nifty was at 5873.80, down 70.30 points or 1.18 per cent. The index touched a high of 5942.75 and low of 5886.35 intraday.
BSE Midcap Index was down 1.56 per cent and BSE Smallcap Index declined 1.48 per cent.
Amongst sectoral indices, BSE Realty Index was down 3.48 per cent, BSE Bankex moved 3.09 per cent lower and BSE Healthcare Index declined 1.79 per cent. BSE IT Index was up 1.21 per cent.
Hero Honda (-6.70 per cent), DLF (-4.52 per cent), ICICI Bank (-3.83 per cent), SBI (-3.72 per cent) and Cipla (-2.48 per cent) were amongst the top Sensex losers.
Infosys Technologies (1.56 per cent), Bharti Airtel (1.34 per cent), TCS (1.25 per cent), Reliance Communications (0.86 per cent) and Wipr (0.47 per cent) were amongst the top gainers.
Reliance Communications plans to borrow $1.9 billion, from China Development Bank, in a deal to be signed when Premier Wen Jiabao visits New Delhi Wednesday, say reports.