MUMBAI: Indices slipped to day’s lows mirroring sell-off in European markets. Commodities and interest rate sensitive were the worst hit while pharma stocks showed some strength.
At 2:15 pm, National Stock Exchange’s Nifty was at 4972.65, down 113.65 points or 2.23 per cent. The broader index hit a low of 4972.30 in trade so far.
Bombay Stock Exchange’s Sensex was at 16607.70, down 336.93 points or 1.99 per cent. The index touched a low of 16318.39 and high of 16942.82.
BSE Midcap Index was down 1.44 per cent and BSE Smallcap Index moved 0.64 per cent lower.
Amongst the sectoral indices, BSE Metal Index fell 3.18 per cent, BSE Oil&gas Index declined 2.47 per cent and BSE Bankex slipped 2.39 per cent. BSE Healthcare Index was up 0.07 per cent.
Jaiprakash Associates (-5.30%), Unitech (-4.55%), Hindalco Industries (-4.53%), Sterlite Industries (-4.39%) and Reliance Industries (-3.26%) were the top Index losers.
Maruti Suzuki (2.03%), Sun Pharma (1.79%), Cipla (1.66%), Power Grid (0.68%) and ACC (0.18%) were the only gainers.
Market breadth was negative on the NSE with 1939 declines against 1125 advances.
European markets were under pressure following economic recovery concerns and sharp fall in shares of British Petroleum. FTSE 100 was down 2.09 per cent, CAC 40 fell 2.44 per cent and DAX moved 1.95 per cent lower.
RIL falls 20% in freak trade on BSE
MUMBAI: Shares of Reliance Industries witnessed a sharp fall of around 20 per cent on the Bombay Stock Exchange in a freak trade.
According to the BSE website, the stock fell to intra-day low of Rs 840.55, down Rs 204.50 or 19.56 per cent before recovering most of the losses.
At 1:10 pm, the stock was at Rs 1014.60, down Rs 30.41 or 2.91 per cent. It touched a high of Rs 1049.70 in today’s trade. Around 7.58 lakh shares were traded in the counte
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At 2:15 pm, National Stock Exchange’s Nifty was at 4972.65, down 113.65 points or 2.23 per cent. The broader index hit a low of 4972.30 in trade so far.
Bombay Stock Exchange’s Sensex was at 16607.70, down 336.93 points or 1.99 per cent. The index touched a low of 16318.39 and high of 16942.82.
BSE Midcap Index was down 1.44 per cent and BSE Smallcap Index moved 0.64 per cent lower.
Amongst the sectoral indices, BSE Metal Index fell 3.18 per cent, BSE Oil&gas Index declined 2.47 per cent and BSE Bankex slipped 2.39 per cent. BSE Healthcare Index was up 0.07 per cent.
Jaiprakash Associates (-5.30%), Unitech (-4.55%), Hindalco Industries (-4.53%), Sterlite Industries (-4.39%) and Reliance Industries (-3.26%) were the top Index losers.
Maruti Suzuki (2.03%), Sun Pharma (1.79%), Cipla (1.66%), Power Grid (0.68%) and ACC (0.18%) were the only gainers.
Market breadth was negative on the NSE with 1939 declines against 1125 advances.
European markets were under pressure following economic recovery concerns and sharp fall in shares of British Petroleum. FTSE 100 was down 2.09 per cent, CAC 40 fell 2.44 per cent and DAX moved 1.95 per cent lower.
RIL falls 20% in freak trade on BSE
MUMBAI: Shares of Reliance Industries witnessed a sharp fall of around 20 per cent on the Bombay Stock Exchange in a freak trade.
According to the BSE website, the stock fell to intra-day low of Rs 840.55, down Rs 204.50 or 19.56 per cent before recovering most of the losses.
At 1:10 pm, the stock was at Rs 1014.60, down Rs 30.41 or 2.91 per cent. It touched a high of Rs 1049.70 in today’s trade. Around 7.58 lakh shares were traded in the counte
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