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Sensex slips deeper into red, down 160pts
BS Reporter / Mumbai Jun 30, 2009, 13:01 IST

SensexThe Sensex touched a new low of 14,612, down 295 points from the day's high. The index is now trading near its low at 14,626, down 160 points.

For the second day in a row following its dismal FY09 performance, Tata  Motors is a major loser among the Sensex stocks. The stock is now down 5.5% at Rs 297.

Realty majors - DLF and Jaiprakash Associates are the other major losers. While the former has shed 5% at Rs 322, the latter is down 3.7% at Rs 213. Sterlite has also dropped 3.6% to Rs 623.

Reliance Communications has slipped 3% to Rs 298. ICICI Bank, Reliance Infrastucture, Reliance, ACC, Hindalco have declined 1-2.5% each.

On the other hand, Sun Pharma continues to hold its gains and is now trading 2% higher at Rs 1,122. TCS is the other major gainer at Rs 394, up 2%.

Grasim, ONGC, Hindustan Unilever and Tata Steel are marginally up - around 1% each.

The market breadth is fairly negative. Out of 2,481 stock traded, 1,549 have declined while 856 have advanced.

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