The Sensex has ended (provisional) at 16,437, down 62 points.
The NSE Nifty has ended (provisional) at 4,882, down 17 points.
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(Updated at 1502hrs)
The Sensex managed to rebound but has again slipped into the red. The index is now down 66 points at 16,432.
The Nifty is down 18 points at 4,880.
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(Updated at 1402 hrs)
The Sensex today opened up at 16,552 and was strong till noon. The index rose to a high of 16,678 but could not hold on to gains.
The Sensex slipped into the red on account of profit taking and slipped 306 points from the high to touch a low of 16,372. However, the index is trying to recover and is now down 67 points at 16,430.
The Nifty is down 20 points at 4,877.
However, banking and metal stocks have managed to gain. The BSE metal index is up 1.2% while the bankex has advanced 0.62%.
The market breadth is marginally negative. Out of 2,723 stocks traded 1,407 have declined while 1,236 have advanced.
DLF has shed 3% at Rs 379. Auto stocks - Hero Honda and Maruti Suzuki have dropped near 2.5% each to Rs 1,510 and Rs 1,453, respectively.
Bharti Airtel is weak at Rs 300 - down 2%. Hindustan Unilever and Jaiprakash Associates have slipped 2% each to Rs 265 and Rs 225, respectively.
The other losers in the Sensex includes ONGC, Hindalco and BHEL.
On the other hand few stocks have managed to hold on to gains.
Tata Motors has gained 3% at Rs 597. SBI has added 2% to Rs 2,364. Mahindra & Mahindra, ACC and ICICI Bank have moved up 1% each.
Reliance has topped the value chart on the BSE with a turnover of Rs 207.31 crore, followed by SBI (Rs 141.01 crore), HDIL (Rs 111.97 crore), DLF (Rs 109.30 crore) and Educomp Solutions (Rs 105.15 crore).
Suzlon is leading the volume chart with trades of 10.28 million shares, followed by Reliance Natural Resources (9.47 million), GVK Power & Finance (8.76 million) and Unitech (8.27 million).
