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Sterilite slumps 3.7%; Maruti up 2.9%

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BS Reporter Mumbai

Despite 550 points rally on Tuesday, the Sensex opened with a negative gap of 154 points at 14,896 owing to weakness in global markets. The index soon tumbled to a low of 14,766 on selling by funds in heavy-weight stocks led by banking and realty sectors.

The index tried to recover in the noon deals and touched a high of 14,994 points. The Sensex finally ended with a loss of 150 points at 14,899.

The market breadth was marginally positive - out of 2,685 stocks traded, 1,332 advanced, 1259 declined and 94 were unchanged today.

The NSE Nifty dropped 57 points to settle at 4,448.

 

INDEX SHAKERS...

Sterlite slumped 3.7% to Rs 613. ONGC tumbled 3% to Rs 1,068. HDFC Bank and Reliance Industries declined 2.8% each at Rs 1,303 and Rs 2,152 respectively.

ITC lost 2.6% to Rs 189. Hindustan Unilever dipped 2.5% to Rs 240. Reliance Infrastructure slipped 2.3% to Rs 1,017.

Reliance Communications declined 1.9% to Rs 397. DLF and NTPC were down 1.3% at Rs 522 and Rs 174, respectively.

Tata Steel and Bhel lost around 1.1% at Rs 582 and 1,765.

HDFC, Bharti Airtel, Wipro, TCS, L&T, Tata Motors and Satyam lost less than one per cent.

...AND THE MOVERS

Maruti advanced 2.9% at Rs 684. Hindalco gained 2.4% to Rs 126.  Jaiprakash Associates  and Tata Power were up around 1.7% each at Rs 177 and Rs 1,088 respectively.

Grasim Industries and State Bank of India gained 0.9% each at Rs 2,020 and Rs 1,535 respectively.

Infosys, ICICI Bank and Ranbaxy were up less than one per cent.

MOST ACTIVE COUNTERS

Resurgere Mines and Minerals topped the value chart with a turnover of Rs 598.11 crore followed by Austral Coke  (Rs 453.87 crore), Reliance Capital (Rs 252.27 crore), Reliance (Rs 222.1 crore) and State Bank of India (Rs 156.07 crore).

Austral Coke led the volume chart with trades of around 1.88 crore shares followed by Reliance Natural Resources (1.24 crore), Resurgere Mines and Minerals (91 lakh) IFCI (71.1 lakh) and Dish TV (67.4 lakh).

 

 

 

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First Published: Sep 04 2008 | 4:31 PM IST

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