RIL, ICICI Bk major contributors to the market fall

RIL, ICICI Bk major contributors to the market's fall

Sensex fell nearly 50% from its 52-week high of 21206.77 on January 10. It has fallen below 11,000 for the first time since August 2006. Out of the thirty stocks that contributed to the fall,
Reliance Industries, ICICI Bank, L&T, Reliance Communications, HDFC, Reliance Infrastructure, Tata Steel, SBI, JP Associates are the top ten contributors. Reliance Industries and ICICI Bank, alone, have contributed nearly 30% to the fall.

Reliance Industries, ICICI Bank, L&T and Reliance Communications have contributed 14.71%, 14.41%, 8.73% and 5.31%, respectively.

Biggest contributors to the fall from 21206.77 to 11000.


Name Contribution(pts) Contribution (%)
Reliance Ind -1502 14.71%
ICICI Bank -1443 14.14%
L&T -891 8.73%
Reliance Comm -562 5.51%
HDFC -444 4.35%
Reliance Infra -419 4.11%
Tata Steel -407 3.99%
SBI -390 3.82%
JP Assoc -376 3.68%
HDFC Bank -368 3.61%
DLF -325 3.18%
Infosys -317 3.10%
Sterlite Ind -308 3.02%
BHEL -244 2.39%
Bharti Airtel -230 2.25%
ITC -222 2.17%
ONGC -197 1.93%
Grasim -188 1.84%
NTPC -185 1.81%
Tata Power -182 1.78%
Hindalco -174 1.70%
Tata Motors -172 1.68%
TCS -159 1.55%
Satyam -157 1.54%
M&M -99 0.97%
Wipro -85 0.83%
ACC -63 0.61%
Ranbaxy -60 0.58%
Maruti Suzuki -56 0.55%
HUL -15 0.15%

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Source:ET,MC