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Sensex,
Nifty tumble; Hindalco, BHEL, GAIL gain 1-2% :-
Dragged by index heavyweights, the market is crumbling down. The Sensex is down 235.25 points at 29227.02 and the Nifty is down 65.20 points at 8830.10. About 1025 shares have advanced, 874 shares declined, and 162 shares are unchanged.
Reliance, ICICI Bank, HDFC, Tata Power and Axis Bank are major losers in the Sensex. Among the gainers are Hindalco, BHEL, Tata Steel, GAIL and Sesa Sterlite. Japanese stocks rose to a fresh 15-year high and the dollar was on the front foot again on upbeat US data, but continuing uncertainty over the Greek debt negotiations weighed on the euro.
Dragged by index heavyweights, the market is crumbling down. The Sensex is down 235.25 points at 29227.02 and the Nifty is down 65.20 points at 8830.10. About 1025 shares have advanced, 874 shares declined, and 162 shares are unchanged.
Reliance, ICICI Bank, HDFC, Tata Power and Axis Bank are major losers in the Sensex. Among the gainers are Hindalco, BHEL, Tata Steel, GAIL and Sesa Sterlite. Japanese stocks rose to a fresh 15-year high and the dollar was on the front foot again on upbeat US data, but continuing uncertainty over the Greek debt negotiations weighed on the euro.
Sensex
loses over 250 pts; banks, Reliance, Coal India drag :-
Intraday
benchmark indices slide further, dragged by index heavyweights. The Sensex is
down 258.37 points or 0.8 percent at 29203.90 and the Nifty is down 69.50
points or 0.8 percent at 8825.80. About 796 shares have advanced, 848 shares
declined, and 154 shares are unchanged.
The
losses were led by stocks from oil & gas, banks and FMCG sectors. The Nifty
was trading at 8,877.65, down 17.65 points or 0.20 per cent. The 50-pack index
touched a high of 8,899.95 and a low of 8,863.15 in early trade. The S&P
BSE Midcap index was up 0.26 per cent and the S&P BSE Smallcap index was
0.36 per cent higher. Among the sectoral indices, the S&P BSE Oil & Gas
index was down 0.62 per cent, the S&P BSE Bankex was 0.27 per cent lower
and the S&P BSE FMCG index slipped 0.36 per cent.
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