Post-Session: Sensex drops over 100 points
07/05/2015 16:19
The Indian benchmarks ended on a lower note on persistent selling by foreign institutional investors as concerns regarding MAT continue to float around. Weakening of rupee along with rebound in crude oil prices has dampened the sentiments. Further, overseas funds sold around a net $630 million in Indian shares and bonds on Wednesday, marking their biggest single-day sales since January 2014, reinforcing fears that an emerging market darling is losing its allure. BSE Bankex and BSE Capital Goods index slumped by over 2 per cent followed by counters like Healthcare, Auto, Consumer Durables, Realty and Power, all dipping by 1 per cent each. However, BSE IT index surged by over 1 per cent. The BSE SENSEX closed at 26599.11 down by -118.26 points or by -0.44 per cent and then NSE Nifty closed at 8057.3 down by -39.7 points or by -0.49 per cent.
The BSE MIDCAP closed at 10065.56 down by -199.67 points or by -1.95 per cent. while the BSE SMLCAP closed at 10647.99 down by -181.8 points or by -1.68 per cent
The top gainers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2543.30,+3.27 per cent), Bajaj Auto Ltd. (Rs. 2071.00,+2.51 per cent), Coal India Ltd. (Rs. 360.85,+2.21 per cent), ITC Ltd. (Rs. 322.70,+1.54 per cent), Hero MotoCorp Ltd. (Rs. 2354.10,+1.21 per cent), among others.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 527.60,-2.95 per cent), Oil And Natural Gas Corporation Ltd. (Rs. 318.70,-2.94 per cent), Maruti Suzuki India Ltd. (Rs. 3541.10,-2.52 per cent), Hindalco Industries Ltd. (Rs. 134.30,-2.47 per cent), ICICI Bank Ltd. (Rs. 304.50,-2.44 per cent), among others.
The top gainers of the NSE Nifty pack were Tata Consultancy Services Ltd. (Rs. 2545.25,+3.34 per cent), HCL Technologies Ltd. (Rs. 920.75,+3.32 per cent), ACC Ltd. (Rs. 1451.95,+2.73 per cent), Bajaj Auto Ltd. (Rs. 2067.85,+2.35 per cent), Coal India Ltd. (Rs. 360.80,+2.18 per cent), among others.
The top losers of the NSE Nifty pack were Bank of Baroda (Rs. 153.45,-5.37 per cent), IDFC Ltd. (Rs. 154.80,-3.97 per cent), Kotak Mahindra Bank Ltd. (Rs. 1308.20,-3.18 per cent), Axis Bank Ltd. (Rs. 527.35,-2.94 per cent), YES Bank Ltd. (Rs. 798.40,-2.76 per cent), among others
Among the thirteen sectoral indices, banking index was leading the decline and closed at 19944.06 down by -475.42 points or by -2.33 per cent. Bank of Baroda (Rs. 153.85,-5.26 per cent), Bank of India (Rs. 200.80,-3.67 per cent), Kotak Mahindra Bank Ltd. (Rs. 1305.40,-3.31 per cent), Canara Bank (Rs. 355.30,-3.31 per cent), Axis Bank Ltd. (Rs. 527.60,-2.95 per cent)
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2789 , shares advanced were 821 while 1857 shares declined and 111 were unchanged
07/05/2015 16:19
The Indian benchmarks ended on a lower note on persistent selling by foreign institutional investors as concerns regarding MAT continue to float around. Weakening of rupee along with rebound in crude oil prices has dampened the sentiments. Further, overseas funds sold around a net $630 million in Indian shares and bonds on Wednesday, marking their biggest single-day sales since January 2014, reinforcing fears that an emerging market darling is losing its allure. BSE Bankex and BSE Capital Goods index slumped by over 2 per cent followed by counters like Healthcare, Auto, Consumer Durables, Realty and Power, all dipping by 1 per cent each. However, BSE IT index surged by over 1 per cent. The BSE SENSEX closed at 26599.11 down by -118.26 points or by -0.44 per cent and then NSE Nifty closed at 8057.3 down by -39.7 points or by -0.49 per cent.
The BSE MIDCAP closed at 10065.56 down by -199.67 points or by -1.95 per cent. while the BSE SMLCAP closed at 10647.99 down by -181.8 points or by -1.68 per cent
The top gainers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2543.30,+3.27 per cent), Bajaj Auto Ltd. (Rs. 2071.00,+2.51 per cent), Coal India Ltd. (Rs. 360.85,+2.21 per cent), ITC Ltd. (Rs. 322.70,+1.54 per cent), Hero MotoCorp Ltd. (Rs. 2354.10,+1.21 per cent), among others.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 527.60,-2.95 per cent), Oil And Natural Gas Corporation Ltd. (Rs. 318.70,-2.94 per cent), Maruti Suzuki India Ltd. (Rs. 3541.10,-2.52 per cent), Hindalco Industries Ltd. (Rs. 134.30,-2.47 per cent), ICICI Bank Ltd. (Rs. 304.50,-2.44 per cent), among others.
The top gainers of the NSE Nifty pack were Tata Consultancy Services Ltd. (Rs. 2545.25,+3.34 per cent), HCL Technologies Ltd. (Rs. 920.75,+3.32 per cent), ACC Ltd. (Rs. 1451.95,+2.73 per cent), Bajaj Auto Ltd. (Rs. 2067.85,+2.35 per cent), Coal India Ltd. (Rs. 360.80,+2.18 per cent), among others.
The top losers of the NSE Nifty pack were Bank of Baroda (Rs. 153.45,-5.37 per cent), IDFC Ltd. (Rs. 154.80,-3.97 per cent), Kotak Mahindra Bank Ltd. (Rs. 1308.20,-3.18 per cent), Axis Bank Ltd. (Rs. 527.35,-2.94 per cent), YES Bank Ltd. (Rs. 798.40,-2.76 per cent), among others
Among the thirteen sectoral indices, banking index was leading the decline and closed at 19944.06 down by -475.42 points or by -2.33 per cent. Bank of Baroda (Rs. 153.85,-5.26 per cent), Bank of India (Rs. 200.80,-3.67 per cent), Kotak Mahindra Bank Ltd. (Rs. 1305.40,-3.31 per cent), Canara Bank (Rs. 355.30,-3.31 per cent), Axis Bank Ltd. (Rs. 527.60,-2.95 per cent)
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2789 , shares advanced were 821 while 1857 shares declined and 111 were unchanged
