Weakness persists; Sensex down 451pts
The Sensex is now down 451 points at 9,597.
ICICI Bank and Jaiprakash Associates have slumped nearly 12% each to Rs 340 and Rs 79, respectively.
Reliance Infrastructure, Tata Steel and TCS have tumbled around 10% each to Rs 511, Rs 202 and Rs 520, respectively.
SBI has tumbled 9% to Rs 1,024. DLF has dropped 8.5% to Rs 167.
Hindalco has slipped over 8% to Rs 51. Reliance Communications a and HDFC have declined around 7.5% each to Rs 170 and Rs 1,471, respectively.
Tata Motors, Sterlite, HDFC Bank, BHEL, Wipro and Grasim are the other major losers.
Also Read
Sun Pharma and NTPC have advanced over 1% each to Rs 1,094 and Rs 184, respectively.
The market breadth is negative - out of 2,391 stocks traded, 1,430 have declined, 879 have advanced and 82 are unchanged.