Late selling pulls Sensex down by 167 points
Mumbai: A key index of Indian equities markets, which had slipped sharply owing to heavy selling in blue chip stock in the last 40 minutes of trade Wednesday, managed to climb slightly to close 0.99 percent in the red.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened marginally higher at 16,905.5 points, shut shop at 16,719.5 points (provisional), down 166.93 points or 0.99 percent. The chart showing the 52 week performance of Sensex is on the left.
The Nifty of the National Stock Exchange (NSE) ended marginally in the red at 4,969.95 points, down 1 percent.
Broader market indices also ended in the negative terrain, with the BSE midcap index closing 1.23 percent lower and the BSE smallcap index down 1.37 percent.
The market breadth was negative, with 1,001 stocks advancing, 1,785 declining and 79 remaining unchanged.
There were only five gainers on the Sensex: HDFC Bank, up 1.45 percent at 
1,568.95; Sterlite, up 1.09 percent at 768.35; Sun Pharma, up 0.58 percent at 1,211.70; ONGC, up 0.5 percent at 1,161.25; and Reliance Industries, up 0.24 percent at 2,101.40.
Among the top losers were Jaiprakash Associates, down 6.34 percent at 234.15; Bharti Airtel, down 3.43 percent at 413.40; Reliance Communications, down 2.94 percent at 294.40; and M&M, down 2.61 percent at 865.05.
Asian markets ended in the red as well.
The Nikkei, a key index of the Tokyo Stock Exchange, closed 73.26 points or 0.7 percent lower at 10,370.54 points.
At the Shanghai Stock Exchange, the benchmark SSE composite ended 1.89 percent down at 2,842.72 points.
The primary index of the Hong Kong Stock Exchange, Hang Seng, shut shop in the red at 21,595.52 points, down 105.62 points or 0.49 percent.
The Korean Kospi, too, closed 0.43 percent lower at 1,711.47 points.
European bourses were, however, ruling in the green.
In Britain, the FTSE 100 index was ruling 21.24 points or 0.41 percent higher at 5,163.84 points, while its French peer, the CAC 40, was up 0.23 percent at 3,832.13 points.
Germany's DAX, too, was ruling in the positive at 5,722.96 points, up 13.58 points or 0.24 percent.
Source: IANS
1,568.95; Sterlite, up 1.09 percent at 768.35; Sun Pharma, up 0.58 percent at 1,211.70; ONGC, up 0.5 percent at 1,161.25; and Reliance Industries, up 0.24 percent at 2,101.40.
Among the top losers were Jaiprakash Associates, down 6.34 percent at 234.15; Bharti Airtel, down 3.43 percent at 413.40; Reliance Communications, down 2.94 percent at 294.40; and M&M, down 2.61 percent at 865.05.
Asian markets ended in the red as well.
The Nikkei, a key index of the Tokyo Stock Exchange, closed 73.26 points or 0.7 percent lower at 10,370.54 points.
At the Shanghai Stock Exchange, the benchmark SSE composite ended 1.89 percent down at 2,842.72 points.
The primary index of the Hong Kong Stock Exchange, Hang Seng, shut shop in the red at 21,595.52 points, down 105.62 points or 0.49 percent.
The Korean Kospi, too, closed 0.43 percent lower at 1,711.47 points.
European bourses were, however, ruling in the green.
In Britain, the FTSE 100 index was ruling 21.24 points or 0.41 percent higher at 5,163.84 points, while its French peer, the CAC 40, was up 0.23 percent at 3,832.13 points.
Germany's DAX, too, was ruling in the positive at 5,722.96 points, up 13.58 points or 0.24 percent.