The Intraday market ended in red for second day. The Sensex
ended down 207.91 points or 0.7 percent at 27057.41 and the Nifty managed to
end at 8094.1, down 58.85 points or 0.7 percent. About 1742 shares have
advanced, 1275 shares declined, and 88 shares are unchanged.
Hero MotoCorp, Coal India, ITC, HDFC and Infosys lost around
2 percent each. Sesa Sterlite, ICICI Bank, Tata Power, Bajaj Auto and Tata
Steel are top gainers in the Sensex. The Nifty is in the red for the second day
defending the 8100 mark as FMCG and banking stocks show weakness.
Among the gainers are Tata Power, Bajaj Auto,
ICICI Bank, Sesa Sterlite and Bharti Airtel. Shipping stocks like Mercator, SCI
and ABG Shipyard gain 7-12 percent today. In a bid to promote domestic
shipbuilding industry, the government is mulling a financial assistance scheme,
which could include a shipbuilding fund to provide soft loans to players.
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