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Sensex down 1.5 pc tracking weak Asian markets
Monday, 08 January 2007, 18:30 IST
Mumbai: Indian shares fell 1.5 percent Monday tracking weak Asian indices, with market heavyweight Infosys Technologies and Maruti Udyog Limited (MUL) heading lower.
The 30-share benchmark closed at 13,652.15 points, down 208.37 or 1.5 percent.
Earlier, the Sensex fell sharply by 260 points at 13,599.87 in mid-day trading on selling by funds in heavyweight stocks.
Similarly, on the wide-based National Stock Exchange, Nifty lost 50 points to close at 3,933.40.
Stockbrokers said reports of a weak trend at other Asian stock markets triggered massive selling by retail as well as foreign investors, dragging the Sensex down in most index-related stocks.
Top car maker MUL led the top losers in the inter-day trading, down 4.09 percent at 
897.35, followed by IT major Wipro Ltd, down 3.2 percent at 579.65, and bellwether Infosys Technologies down 3.03 percent at 2,205.95.
Among the top gainers were oil and natural gas major ONGC Corp Ltd, up 1.66 percent at 910.85, followed by Pharmaceutical majors Ranbaxy Laboratories Ltd, up 1.33 percent at 418.95 and Dr. Reddy's Laboratories Ltd, up 0.22 percent at 811.
Source: IANS
897.35, followed by IT major Wipro Ltd, down 3.2 percent at 579.65, and bellwether Infosys Technologies down 3.03 percent at 2,205.95.
Among the top gainers were oil and natural gas major ONGC Corp Ltd, up 1.66 percent at 910.85, followed by Pharmaceutical majors Ranbaxy Laboratories Ltd, up 1.33 percent at 418.95 and Dr. Reddy's Laboratories Ltd, up 0.22 percent at 811.
Source: IANS