Sensex ends down 571pts; Realty, Metals tumble

Some buying in late trades saw the index recover a bit, but eventually end with a loss of 571 points at 13,094.

The BSE Realty index plunged over 9% to 4,295, and the Metal index shed 8.5% at 12,114.

The market breadth was fairly negative - out of 2,684 stocks traded, 1,875 declined and 750 advanced today.

The Nifty dropped 168 points to settle at 3,926.

REALTY & METAL STOCKS BLEED...

Sobha Developers and Unitech over 10% each to Rs 249 and Rs 154, respectively. HDIL tanked 9.5% to Rs 365. Anant Raj, Omaxe, Indiabulls Real Estate, Phoenix Mills, Akruti City, Mahindra Lifespace, Parsvnath and Puravankara shed 7-9% each.

Among the metal stocks - Gujarat NRE Coke slumped 13.5% to Rs 108. SAIL crashed 10% to Rs 128. Jindal Steel plunged over 9% to Rs 1,679. JSW Steel, Sterlite, Sesa Goa, Ispat Industries, Welspun Gujarat and Maharashtra Seamless dropped 5-8% each.

INDEX SHAKERS...

Tata Steel slumped 11.3% to Rs 657. DLF plunged 10% to Rs 382.

Reliance Infrastructure tumbled 8.7% to Rs 722. ICICI Bank shed almost 8% at Rs 574.

Reliance Communications slipped nearly 7% to Rs 390. ACC shed 6% at Rs 472, and ITC dropped 5.7% to Rs 169.

Tata Motors and Grasim declined 5.5% each to Rs 390 and Rs 1,678, respectively.

HDFC, Maruti and Ambuja Cements slipped 5% each to Rs 1,936, Rs 549 and Rs 72, respectively.

Bharti Airtel and Hindalco shed 4.7% each at Rs 709 and Rs 136, respectively.

Jaiprakash Associates, Infosys and NTPC were down around 4% each to Rs 139, Rs 1,748 and Rs 153, respectively.

HDFC Bank, Reliance, Larsen & Toubro, TCS and Satyam were the other major losers.

...AND THE MOVERS

SBI gained 2% at Rs 1,102. ONGC was the only other gainer among the index stocks.

MOST ACTIVE COUNTERS

Reliance Capital topped the value chart with a turnover of Rs 432 crore followed by Reliance (Rs 354 crore), Reliance Infrastructure (Rs 291.70 crore), Reliance Petroleum (Rs 226.35 crore) and Reliance Natural Resources (Rs 181.75 crore).

Avon Weigh led the volume chart with trades of around 3.60 crore shares followed by Reliance Natural Resources (2.95 crore), IFCI (1.37 crore), Reliance Petroleum (1.35 crore) and Ispat Industries (1.33 crore).