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Sensex cuts losses, ends down 102pts; ACC sheds 6%

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BS Reporter Mumbai

The Sensex opened with a negative gap of 128 points at 14,518. After a touching a high of 14,584, the index slipped deeper into red, amid lacklustre movement, to a low of 14,369 - down 277 points from the previous close. The Sensex finally ended with a loss of 102 points at 14,544.

The market breadth was fairly negative - out of 2,711 stocks traded, 1,514 declined, 1,107 advanced and 90 stocks were unchanged today.

INDEX SHAKERS...

ACC slumped nearly 6% to Rs 560. Maruti tumbled nearly 4% to Rs 616.

HDFC, Satyam and Reliance Communications plunged over 3% each to Rs 2,283, Rs 406 and Rs 400, respectively.

 

Bharti Airtel and ITC shed 2% each at Rs 792 and Rs 184, respectively.

Sterlite slipped 1.6% to Rs 602. Mahindra & Mahindra, ONGC, BHEL and SBI were down around 1% each at Rs 561, Rs 1,063, Rs 1,678 and Rs 1,444, respectively.

...AND THE MOVERS

Reliance Infrastructure gained 2.3% at Rs 994.

Hindalco and ICICI Bank gained 2% each at Rs 132 and Rs 678, respectively.

MOST ACTIVE COUNTERS

Vishal Info topped the value chart with a turnover of Rs 278.60 crore followed by Reliance Capital (Rs 224 crore), Reliance (Rs 153 crore), Reliance Natural Resources (Rs 150.80 crore) and SEL Manufacturing (Rs 147 crore).

Reliance Natural Resources led the volume chart with trades of around 1.60 crore shares followed by Vishal Info (95.15 lakh), Ispat Industries (77.15 lakh), IFCI (70.55 lakh) and Reliance Petroleum (68.40 lakh).

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First Published: Aug 19 2008 | 4:07 PM IST

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