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Sensex ends down 151pts; Bharti Airtel gains 3%

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BS Reporter Mumbai

The Sensex opened with a positive gap of 263 points at 9,799 on the back of positive cues from the US markets. The index touched a high of 9,836, but soon pared gains owing to weakness in technology stocks.

A heavy bout of selling in Reliance dragged the index in negative zone. The index, thereafter, tumbled to a low of 9,267 - down 569 points - as weakness spread to some other stocks.

The Sensex finally ended with a loss of 151 points at 9,385. In the process, the index was down 579 points for the week.

The BSE Capital Goods and Auto indices dropped over 4% each to 6,951 and 2,440, respectively. The Metal and Consumer Durables index slipped over 3% each to 4,873 and 1,940, respectively.

 

The market breadth was negative - out of 2,592 stocks traded, 1,589 declined, 929 advanced and 74 were unchanged today.

INDEX SHAKERS...

ACC slumped 9% to Rs 419. Tata Motors tumbled 8.5% to Rs 137, and Tata Steel shed 6.5% at Rs 173.

HDFC plunged nearly 5% to Rs 1,558. Jaiprakash Associates and Reliance Infrastructure dropped around 4.5% each to Rs 74 and Rs 517, respectively.

Larsen & Toubro and BHEL slipped 4.3% each to Rs 792 and Rs 1,280, respectively.

Sterlite and Maruti declined over 4% each to Rs 227 and Rs 537, respectively.

Mahindra & Mahindra and Infosys were down 3.3% each at Rs 331 and Rs 1,218, respectively.

Wipro and ONGC were down over 2.5% each at Rs 241 and Rs 694, respectively.

...AND THE MOVERS

Bharti Airtel surged 3% to Rs 650. Tata Power and Reliance Communications rallied around 2% each to Rs 746 and Rs 220, respectively.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 462.30 crore followed by Reliance Capital (Rs 178.80 crore), SBI (Rs 163 crore), ICICI Bank (Rs 139.45 crore) and Reliance Communications (Rs 124.50 crore).

GVK Power led the volume chart with trades of around 2.10 crore shares followed by Suzlon (1.67 crore), Tata Teleservices (1.65 crore), Cals Refineries (95.50 lakh) and Reliance Natural Resources (79.40 lakh).

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First Published: Nov 14 2008 | 3:59 PM IST

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