Update 4
173-point debacle
The market extended its fall as selling intensified during the later half of the session. Shares from auto, metals, oil & gas suffered the most.
The 30-shares BSE Sensex plunged 172.54 points, or 1.23%, to settle just below the 13,800 mark at 13,799.49. It opened with an upward gap of 35.64 points, at 14,007.67. It also hit a high of 14,009.56, but began declining as profit-booking emerged. The fall accentuated in the second half of the day, and the Sensex tumbled to a low of 13,756.86.
The S&P CNX Nifty lost 63.30 points (1.58%), to 3,952.05.The market-breadth was weak on BSE, with over 1.5 losers for every gainer. Against 1,606 shares that declined, 967 advanced. Just 57 shares remained unchanged.The total turnover on BSE amounted to Rs 4,061 crore.Among the 30-Sensex pack, 27 declined while the only 3 of them managed some gains.
The market extended its fall as selling intensified during the later half of the session. Shares from auto, metals, oil & gas suffered the most.
The 30-shares BSE Sensex plunged 172.54 points, or 1.23%, to settle just below the 13,800 mark at 13,799.49. It opened with an upward gap of 35.64 points, at 14,007.67. It also hit a high of 14,009.56, but began declining as profit-booking emerged. The fall accentuated in the second half of the day, and the Sensex tumbled to a low of 13,756.86.
The S&P CNX Nifty lost 63.30 points (1.58%), to 3,952.05.The market-breadth was weak on BSE, with over 1.5 losers for every gainer. Against 1,606 shares that declined, 967 advanced. Just 57 shares remained unchanged.The total turnover on BSE amounted to Rs 4,061 crore.Among the 30-Sensex pack, 27 declined while the only 3 of them managed some gains.
posted by SY at 5:06 PM
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