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Rediff.com  » Business » Sensex slips 256 points on global cues

Sensex slips 256 points on global cues

By BS Reporter in Mumbai
August 31, 2009 16:31 IST
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The Bombay Stock ExchangeThe Sensex opened 110 points lower at 15,812 owing to negative cues from the global markets. The index languished in the negative terrain on the back of intense selling in the IT and metal stocks.

The GDP numbers, economic growth of 6.1% in Q1, failed to cheer the investors and the index tumbled to a low of 15,590. The Sensex finally ended at 15,667, down 256 points (1.6%).

The NSE Nifty settled at 4,662, down 70 points.

INDEX SHAKERS...

Tata Steel, Reliance, Hindalco, Sterlite and Larsen & Toubro have shed over 3% each to Rs 424, Rs 2,004, Rs 106 and Rs 669, respectively.

Infosys, TCS, Wipro, ITC, Bharti Airtel, Tata Power and SBI dropped over 2% each to Rs 2,132, Rs 527, Rs 551, Rs 231, Rs 425, Rs 1,309 and Rs 1,744, respectively.

...AND THE MOVERS

Mahindra & Mahindra advanced 4% to 860. DLF increased around 3% to Rs 424.

NTPC and Maruti were up 1% each at Rs 213 and Rs 1,437, respectively.

VALUE & VOLUME TOPPERS

Aban Offshore topped the combined value chart with a turnover of Rs 3,247 crore. It was followed by Unitech (Rs 2,467 crore), DLF (Rs 789 crore) and Reliance Capital (Rs 664 crore).

Unitech led the value chart with trades of 237 million shares. It was followed by Mahindra Satyam (125 million), IFCI (83 million), Suzlon (50 million) and Reliance Natural Resources (37 million) shares.

Image: The Bombay Stock Exchange

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BS Reporter in Mumbai
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