Tuesday, April 9, 2013

Sensex tanks 200 points; Nifty slips below 5500

MUMBAI: The Nifty was the worst performing index in Asia as it continued to fall for fifth straight session as profit booking intensified in technology, FMCG, realty and oil & gas sectors.

At 03:00 p.m.; the 50-share index was at 5,503.55, down 39.40 points or 0.71 per cent. It touched a high of 5,603.05 and a low of 5,493.10 in trade today.

The S&P BSE Sensex was at 18,249.69, down 188.09 points or 1.02 per cent. It touched a high of 18,565.56 and a low of 18,232.09 in trade today.

The S&P BSE Midcap Index was down 0.94 per cent and the S&P BSE Smallcap Index slipped 0.78 per cent.
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Among the sectoral indices, the S&P BSE IT Index fell 2.22 per cent, the S&P BSE FMCG Index was down 1.40 per cent, the S&P BSE Realty Index slipped 1.29 per cent and the S&P BSE Oil & Gas Index was 1.16 per cent lower. The S&P BSE Auto Index was up 0.32 per cent.

Reliance Infrastructure (3.44 per cent), ONGCBSE -2.91 % (2.76 per cent), InfosysBSE -2.36 % (2.33 per cent), BPCLBSE -1.92 % (2.23 per cent) and Ranbaxy LaboratoriesBSE -1.93 % (2.04 per cent) were among the top Nifty losers.

Tata MotorsBSE 2.26 % (2.65 per cent), Cairn IndiaBSE 1.57 % (1.61 per cent), Jindal SteelBSE 0.73 % (1.07 per cent), TCSBSE 1.10 % (1.06 per cent) and IDFCBSE 0.82 % (0.99 per cent) were among the top index gainers.

Market breadth was negative on the NSE with 393 gainers against 885 losers.




ABDUL WAHEED
PGDM 2nd SEM.
IIMT COLLEGE OF MANAGEMENT

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