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Sensex ends 100pts lower; Sterlite sheds 6%

BS Reporter  |  Mumbai 

The Sensex opened 40 points higher at 9,242, and soon touched a high of 9,247 before slipping into the negative zone. Weakness in auto and select technology stocks saw the index slide to a low of 9,017 - down 230 points from the day's high.

Selective buying towards the close helped the index cut losses. The index finally ended with a loss of 111 points at 9,091.

The market breadth was fairly negative - out of 2,566 stocks traded, 1,453 declined, 1,006 advanced and the rest were unchanged today.


Sterlite and Mahindra & Mahindra slumped 5.7% each to Rs 263 and Rs 267, respectively.

Maruti plunged 4% to Rs 578. HDFC shed 3.8% at Rs 1,390, and TCS dropped 3.3% to Rs 483.

Tata Motors and Larsen & Toubro slipped over 2.5% each to Rs 132 and Rs 637, respectively.

Reliance Communications, Hindalco and Wipro declined around 2% each to Rs 160, Rs 43 and Rs 220, respectively.

Infosys shed 1.8% at Rs 1,260. Reliance, Hindustan Unilever, Tata Power, Jaiprakash Associates and HDFC Bank were down around 1.5% each at Rs 1,287, Rs 264, Rs 743, Rs 68 and Rs 884, respectively.


Grasim surged over 3% to Rs 1,326.

Tata Steel and Ranbaxy moved up around 1.5% each to Rs 182 and Rs 209, respectively.


Reliance topped the value chart with a turnover of Rs 192.85 crore followed by Wire & Wireless (Rs 106.40 crore), Reliance Infrastructure (Rs 99.35 crore), Satyam (Rs 87.75 crore) and Reliance Capital (Rs 80.30 crore).

Wire & Wireless led the volume chart with trades of around 5.80 crore shares followed by Mercator Lines (2.20 crore), FSL (1.95 crore), Satyam (1.90 crore) and Ispat Industries (1.50 crore).

First Published: Thu, February 05 2009. 15:58 IST