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| Sensex slips 256pts on global cues |
| BS Reporter / Mumbai Aug 31, 2009, 16:18 IST |
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After posting gains for seven consecutive days, the Sensex today ended in red, owing to profit-booking and negative cues from the Asian markets. India's GDP at 6.1% in Q1 2009-10 also failed to enthuse investor sentiment.
China's Shanghai Composite tumbled 6.74 percent to close at its three-month closing low at 2,667.74. Hang Seng fell 374.43 points, a five-week closing low for the index on liquidity worries.
The BSE Sensex today opened 110.19 points down from its previous close, following a 7.5 per cent, or 1,112.73 points rally achieved during the past seven trading sessions. The 30-share index continued to trade in the negative terrain throughout the day. The index slipped 332.54 points to touch a low of 15,589.80 post noon trades.
The BSE Sensitve index, or the Sensex ended down 255.70 points, or 1.61 per cent at 15,666.64.
The NSE Nifty index fell by 70.25 points, or 1.48 per cent to 4,662.10 points.
Most of the sectoral indices also mirrored the broader markets. The BSE IT index led the fall with a decline of 2.26 per cent.
Metal index declined 2.18 per cent. FMCG and Oil & gas indices shed 1.29 per cent and 1.71 per cent, respectively.
INDEX SHAKERS...
Tata Steel, Reliance, Hindalco, Sterlite and Larsen & Toubro have shed over 3% each to Rs 424, Rs 2,004, Rs 106 and Rs 669, respectively.
Infosys, TCS, Wipro, ITC, Bharti Airtel, Tata Power and SBI dropped over 2% each to Rs 2,132, Rs 527, Rs 551, Rs 231, Rs 425, Rs 1,309 and Rs 1,744, respectively.
...AND THE MOVERS
Mahindra & Mahindra advanced 4% to 860. DLF increased around 3% to Rs 424.
NTPC and Maruti were up 1% each at Rs 213 and Rs 1,437, respectively.
VALUE & VOLUME TOPPERS
Aban Offshore topped the combined value chart with a turnover of Rs 3,247 crore. It was followed by Unitech (Rs 2,467 crore), DLF (Rs 789 crore) and Reliance Capital (Rs 664 crore).
Unitech led the value chart with trades of 237 million shares. It was followed by Mahindra Satyam (125 million), IFCI (83 million), Suzlon (50 million) and Reliance Natural Resources (37 million) shares.
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