The Sensex on Monday opened 42 points lower at 15,196, owing to weak cues from the global markets. Therafter, the index rebounded into the positive zone to touch a high of 15,261.
The index, however, failed to hold gains and slipped after the Bombay High Court's verdict on the RIL-RNRL gas dispute case. Heavy selling by foreign investors pushed the index to touch a low of 14,807, down 454 points.
The index kept on plunging on account of profit booking in the oil & gas, metal, capital goods, realty and auto stocks.
The BSE Oil & Gas slipped 4.5% to 10,036. The Metal, Capital Goods, Realty, Auto, Consumer Durables, Power and Technology indices were down 1-4% each.
The Sensex, which was down for the last two trading days, ended below crucial 15,000-mark on Monday. The NSE Nifty ended at 4,484, down 99 points.
The index finally ended with a loss of 362 points, at 14,875.
The market breadth was extremely negative- out of 2,700 shares traded, 1,874 declined, 768 advanced and 58 were unchanged on Monday on the BSE.
INDEX SHAKERS...
Sterlite and Reliance slumped 7.5% each at Rs 663 and Rs 2,172, respectively.
Tata Steel, Larsen & Toubro, Hindalco, DLF and Tata Motors slipped 4-5% each to Rs 434, Rs 1,507, Rs 96, Rs 352 and Rs 342, respectively.
Reliance Communications, Mahindra & Mahindra, Maruti, Sun Pharma, Tata Power, BHEL and Wipro were down 2-4% each at Rs 319, Rs 756, Rs 1,048, Rs 1,279, Rs 1,139, Rs 2,145 and Rs 402, respectively.
...AND THE MOVERS
Ranbaxy gained 2% at Rs 288. TCS, Hindustan Unilever, Reliance Infrastructure, ACC and Grasim are up 1-2% each
