Following yesterday's late selling, the Sensex opened with a negative gap of 121 points at 19,580. After exhibiting weakness in morning trades, the index touched a high of 19,716.... only to slip to lower levels.
Relentless selling in the last one hour of trades saw the index tumble to a low of 18,930 - down 786 points from the day's high. The Sensex finally ended with a hefty loss of 3.5% (687 points) at 19,014. The index thus shed 8.7% (1,813 points) during the week - the sharpest-ever continuous drop since inception.
The NSE Nifty plunged 3.5% (208 points) to 5,705 today.
Market capitalisation declined over Rs 500,000 crore over the last one week. The total market capitalisation of actively traded stocks on the BSE declined by Rs 530,444 crore from Rs 71,75,275 crore a week ago to Rs 66,44,831 crore today.
The BSE market breadth was extremely negative - out of 2,890 stocks traded, 2,505 declined, 362 advanced and 23 were unchanged today.
INDEX SHAKERS...
Reliance slumped 6.5% to Rs 2,800. DLF tumbled 7.4% to Rs 1,006.
NTPC plunged 6.3% to Rs 240. ICICI Bank shed 5.8% at Rs 1,245, and HDFC Bank dropped 4.3% to Rs 1,576.
Reliance Energy shed 4% at Rs 2,124. Reliance Communications and Larsen & Toubro slipped 3.7% each to Rs 702 and Rs 3,930, respectively.
Tata Steel, Tata Motors and ONGC declined around 3.5% each to Rs 782, Rs 712 and Rs 1,209, respectively.
Mahindra & Mahindra and Maruti slipped over 3% each to Rs 728 and Rs 840, respectively.
Cipla and Hindalco also shed 3% each at Rs 202 and Rs 185, respectively.
SBI and BHEL declined 2% each to Rs 2,368 and Rs 2,302, respectively.
TCS and ITC also dropped 2% each at Rs 904 and Rs 213, respectively.
...AND THE MOVERS
Ranbaxy soared 5% to Rs 387. Grasim gained 1% at Rs 3,341
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 494 crore followed by HDFC (Rs 414 crore), Reliance Natural Resources (Rs 389 crore), Reliance Energy (Rs 320.50 crore) and ICICI Bank (Rs 221.40 crore).
Reliance Natural Resources led the volume chart with trades of around 1.83 crore shares followed by Himachal Futuristic (1.78 crore), Bellary Steel (1.28 crore), Ispat Industries (1.25 crore) and Reliance Petroleum (1 crore).
Relentless selling in the last one hour of trades saw the index tumble to a low of 18,930 - down 786 points from the day's high. The Sensex finally ended with a hefty loss of 3.5% (687 points) at 19,014. The index thus shed 8.7% (1,813 points) during the week - the sharpest-ever continuous drop since inception.
The NSE Nifty plunged 3.5% (208 points) to 5,705 today.
Market capitalisation declined over Rs 500,000 crore over the last one week. The total market capitalisation of actively traded stocks on the BSE declined by Rs 530,444 crore from Rs 71,75,275 crore a week ago to Rs 66,44,831 crore today.
The BSE market breadth was extremely negative - out of 2,890 stocks traded, 2,505 declined, 362 advanced and 23 were unchanged today.
INDEX SHAKERS...
Reliance slumped 6.5% to Rs 2,800. DLF tumbled 7.4% to Rs 1,006.
NTPC plunged 6.3% to Rs 240. ICICI Bank shed 5.8% at Rs 1,245, and HDFC Bank dropped 4.3% to Rs 1,576.
Reliance Energy shed 4% at Rs 2,124. Reliance Communications and Larsen & Toubro slipped 3.7% each to Rs 702 and Rs 3,930, respectively.
Tata Steel, Tata Motors and ONGC declined around 3.5% each to Rs 782, Rs 712 and Rs 1,209, respectively.
Mahindra & Mahindra and Maruti slipped over 3% each to Rs 728 and Rs 840, respectively.
Cipla and Hindalco also shed 3% each at Rs 202 and Rs 185, respectively.
SBI and BHEL declined 2% each to Rs 2,368 and Rs 2,302, respectively.
TCS and ITC also dropped 2% each at Rs 904 and Rs 213, respectively.
...AND THE MOVERS
Ranbaxy soared 5% to Rs 387. Grasim gained 1% at Rs 3,341
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 494 crore followed by HDFC (Rs 414 crore), Reliance Natural Resources (Rs 389 crore), Reliance Energy (Rs 320.50 crore) and ICICI Bank (Rs 221.40 crore).
Reliance Natural Resources led the volume chart with trades of around 1.83 crore shares followed by Himachal Futuristic (1.78 crore), Bellary Steel (1.28 crore), Ispat Industries (1.25 crore) and Reliance Petroleum (1 crore).
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