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Sensex ends down 358pts; Realty index plummets 10%

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BS Reporter Mumbai

The Sensex opened 60 points lower at 9,364 on the back of weak cues from the overseas markets. The index, thereafter, drifted to lower levels as the day progressed.

The Sensex touched a low of 9,049, and finally ended with a significant loss of 358 points at 9,067.

The selling was led by realty stocks following poor numbers by DLF. The BSE Realty index plummeted 10.3% to 1,496. The Metal index and the Bankex dropped over 5% each to 4,828 and 4,650, respectively.

The market breadth was fairly negative - out of 2,526 stocks traded so far, 1,570 declined, 871 advanced and the rest were unchanged today.

 

INDEX SHAKERS

DLF and Jaiprakash Associates slumped around 13.5% each to Rs 153 and Rs 66, respectively. Reliance Infrastructure tumbled 10.5% to Rs 521.

ICICI Bank and HDFC plunged 7.5% each to Rs 385 and Rs 1,423, respectively.

Tata Steel shed 6.6% at Rs 172. Reliance Communications and Hindalco dropped over 6% each to Rs 160 and Rs 46, respectively.

SBI slipped nearly 5% to Rs 1,096. Wipro and Tata Motors declined 4.7% each to Rs 220 and Rs 143, respectively.

Sterlite and NTPC shed 4.5% each at Rs 264 and Rs 181, respectively.

Larsen & Toubro, TCS and HDFC were down almost 4% each at Rs 662, Rs 492 and Rs 889, respectively.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 228.70 crore followed by Satyam (Rs 198.25 crore), Spice Telecom (Rs 189.50 crore), DLF (Rs 137.90 crore) and United Spirits (Rs 127.90 crore).

Satyam led the volume chart with trades of around 3.45 crore followed by Cals Refineries (3.35 crore), Spice Telecom (2.60 crore), Unitech (1.78 crore) and Reliance Natural Resources (1.03 crore).

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First Published: Feb 02 2009 | 3:57 PM IST

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