Sensex continue downtrend

Following last three day’s down trend the Sensex opened with a negative gap of 37-odd points, owing to negative start in global markets and weak start in the Indian rupee.

The Sensex tried to recover the early losses, in the process, touched a high of 20,821 – mere a point short of yesterday’s close, and then slipped back deeper into red.

Thereafter, the BSE index continued to move down and tumbled to a low of 20,601 in the late noon deals.

Finally, the Sensex ended the day with significant losses down 156 points at 20,666. In the process, the BSE index was down 2.4 per cent this week.

The NSE Nifty was down 46 points at 6,140.

The broader markets also ended the day in negative zone. The BSE Midcap index was marginally down at 6,210 and the Smallcap index declined 0.3 per cent at 6,013.

Among the sectors, the BSE Consumer Durables index plunged over 2 per cent at 5,826. The Bankex tanked 1.3 per cent at 12,458. The Oil & Gas index tumbled 1.2 per cent at 8,612. The PSU index dropped 0.7 per cent at 5,767. The Auto index shed 0.5 per cent at 12,029.

On the other hand, the Realty index jumped 1.3 per cent at 1,343. The Capital Goods index rallied 1.2 per cent at 9,128. The Power index advanced 0.6 per cent at 1,613.

The market breadth was negative. Out of 2,595 stocks traded on BSE 1,318 declined and 1,131 advanced.


HDFC cracked 3.8 per cent to Rs 809.

Maruti Suzuki and ONGC tanked 2.2 per cent each at Rs 1,578 and Rs 277, respectively.

Bajaj Auto tumbled over 2 per cent at Rs 2,058.

HDFC Bank and Mahindra & Mahindra slipped nearly 2 per cent each at Rs 653 and Rs 879, respectively.

Coal India dropped 1.6 per cent at Rs 291. TCS shed 1.3 per cent at Rs 2,092.

TCS, Bharti Airtel, Reliance, Hindustan Unilever, Hero MotoCorp and Dr.Reddy’s Lab were the other notable losers.

On the other hand, Tata Steel soared nearly 3 per cent to Rs 355.

Larsen & Toubro surged 1.8 per cent at Rs 973. Tata Motors jumped 1.3 per cent at Rs 385.

BHEL rallied 0.7 per cent at Rs 135. Sesa Sterlite spurted 0.5 per cent at Rs 199.

Cipla, Tata Power and NTPC were the other notable gainers.


Tata Motors topped the value chart with a turnover of Rs 123.55 crore. It was followed by Tech Mahindra (Rs 107.37 crore), Aurobindo Pharma (Rs 87.28 crore), SBI (Rs 67.00 crore) and Tata Steel (Rs 54.35 crore).

SpiceJet led the volume chart with trades of around 5.6 million shares. It was followed by UCO Bank (3.9 million), Unitech (3.6 million), Aurobindo Pharma (3.4 million) and Tata Motors (3.2 million).


Sensex continue downtrend

Leave a Reply