Volatility continues, Sensex down 160 points
Thursday, 6 May 2010
MUMBAI, May 5 (Business Standard): The Sensex attempted a marginal recovery around noon trades but has again now slipped deeper into the red owing to weakness in metal and realty stocks.
The index is now at 16,941, down 195 points. The NSE Nifty is 65 points down at 5,081.
Among the Sensex-30 stocks, metal scrips like Jaiprakash Associates and Sterlite have declined over 5 per cent each to Rs 132 and Rs 737, respectively.
The other major losers are Reliance Infrastructure, HDFC Bank, Larsen & Toubro and Tata Steel have declined 2-3 per cent each on the BSE.
While, Mahindra & Mahindra and Bharti Airtel have added 1.5 per cent each to Rs 525 and Rs 294, respectively.
The index is now at 16,941, down 195 points. The NSE Nifty is 65 points down at 5,081.
Among the Sensex-30 stocks, metal scrips like Jaiprakash Associates and Sterlite have declined over 5 per cent each to Rs 132 and Rs 737, respectively.
The other major losers are Reliance Infrastructure, HDFC Bank, Larsen & Toubro and Tata Steel have declined 2-3 per cent each on the BSE.
While, Mahindra & Mahindra and Bharti Airtel have added 1.5 per cent each to Rs 525 and Rs 294, respectively.