The Sensex opened with a negative gap of 246 points at 11,774 on the back of weak cues from the global markets and election outcome worries. The index soon touched a low of 11,696, down 324 points, it recovered and moved up to a high of 11,936. The index, thereafter, was lacklustre and mainly moved sideways for the rest of the day.
The Sensex finally ended down 147 points at 11,873.
The market breadth was marginally positive - out of 2,554 stocks traded, 1,263 advanced and 1,213 declined. The rest were unchanged.
INDEX SHAKERS...
Sterlite plunged 5.5% to Rs 449. Bharti Airtel shed 4% at Rs 764. Tata Motors and Wipro dropped 3% each to Rs 260 and Rs 364, respectively.
Larsen & Toubro, ONGC, ICICI Bank, Sun Pharma, HDFC, Reliance, BHEL and Tata Power declined 1-2% each.
...AND MOVERS
DLF surged over 7% to Rs 249. Ranbaxy gained 3.5% at Rs 184.
Reliance Infrastructure, Hindustan Unilever and Reliance Communications advanced 1% each.
OTHER PROMINENT LOSERS...
Bhushan Steel crashed 16% to Rs 554. Essar Oil slumped 6% to Rs 133.
Hindustan Zinc, Cairn India, Indiabulls Financial Services, Axis Bank, Tulip Telecom, Indian Hotels Company, Lupin, Jet Airways India and Hindustan Copper dropped 4-5% each.
...AND THE GAINERS
GMDC zoomed 11% to Rs 74.50. Oracle Financial Services Software soared 10% to Rs 951. Yes Bank surged 8% to Rs 95.
Bajaj Auto, Sintex Industries, Aban Offshore, Container Corporation of India, Syndicate Bank, IRB Infrastructure Developers and GE Shipping added 5-7% each.
VALUE & VOLUME TOPPERS
Reliance topped the value charts with trades of Rs 241.28 crore. It was followed by DLF (Rs 222.49 crore), Reliance Capital (Rs 187.58 crore), HDIL (Rs 180.71 crore) and Reliance Infrastructure (Rs 171.07 crore).
The volume chart was led by Unitech with trades of over 17 million shares. It was followed by Suzlon (13.69 million), Reliance Natural Resources (10.28 million), HDIL (10.04 million) and IDFC (9.79 million).
