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Mkts end in red on selling pressure

Haunity

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posted on 17 years ago — updated on 1 second ago

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Markets have witnessed selling pressure across the sectors on Monday except metal and oil and gas stocks.

New Delhi: Markets on Monday traded in red throughout the day on the back of selling pressure after a weak opening.

Markets have witnessed selling pressure across the sectors except metal and oil and gas stocks.

The BSE sensitive index, Sensex, ended at 14,211.96 points down 70.76 points or 0.50 per cent, while the broad based Nifty ended at 4,124.45 points down 23.25 points or 0.56 per cent.

About 1,302 shares have advanced, 1,288 shares declined, and 49 shares are unchanged.

ITC, ICICI Bank, Tata Motors, Satyam, Suzlon Energy, Zee Entertain and Wipro were the top loser on the indices.

However, NTPC, Reliance Comm, Hindalco, Tata Steel, GlaxoSmithKline and BHEL were the major gainers on the Indices.

The BSE Bankex index ended down 2.07 per cent or 154.05 points at 7,292.78. Bank of Baroda, ICICI Bank, Oriental Bank, PNB and UTI Bank ended in negative.

The BSE IT index dropped 0.93 per cent or 49.92 points at 5,315.57. Hexaware Tech, HCL Info, Wipro, Satyam and Patni Computer plunged.

The BSE Auto index plunged 0.54 per cent or 29.97 points at 5,561.67. TVS Motor, Apollo Tyres, Tata Motors, Bharat Forge and Sundaram-Clayto slipped.

The FMCG index tumbled 1.89 per cent or 36.81 points at 1,914.44. ITC, HLL, Nirma, Britannia and Dabur India ended down.

The BSE Capital Goods index sheded 0.10 per cent or 9.64 points at 9,620.57. Crompton Greave, Dredging Cor, Ingersoll Rand, BEML and Aban Offshore ended in red.

However, the BSE Healthcare index gained 0.35 per cent or 13.47 points at 3,816.66. Matrix Lab, Orchid Chemical, Apollo Hospital, GlaxoSmithKline and Lupin moved up.

The BSE Metal index surged 1.39 per cent or 134.16 points at 9,759.61. Hindalco, Tata Steel, Welspun Guj, NALCO and SAIL ended in green.

The BSE Oil & gas index rose 0.39 per cent or 25.77 points at 6,716.68. IOC, BPCL, Reliance and GAIL spurted up.

The NSE cash turnover was at Rs 8,405.43 crore and the NSE F&O turnover was at Rs 22,205.48 crore. The BSE cash turnover was Rs 37,11.95 crore. Total market wide turnover was at Rs 34,322.86 crore.