The market closed the session on a negative note as BSE Sensex closed lower by 190.11 points at 19,400.67. A lot of volatility is seen in today''s trading session as the Sensex touched an intrady high of 19,919.34 and low of 19,337.85. Overall, the market breadth was weak as 1606 stocks are closed in red while 1108 stocks are closed in green. The market breadth becomes weak towards the end of the session as the sellinf of scrips across the sectoral indices intensified. Except PSU and Reality index, all the sectoral indices closed in red. The BSE Mid Cap and Small Cap closed lower by 60.51 points and 43.99 points at 8,015.30 and 9,803.03 respectively.
The capital goods index declined by 354.99 points to close at 19,697.29. Leading the losers pack are Siemens (4.64%), Alstom (3.96%), L&T (3.77%), Praj industries (2.20%) closed lower.
BSE bankex index fell by 221.44 points to close at 10,786.51 as BOB (6.12%), BOI (3.84%), Axis bank (3.52%), ICICI bank (2.36%), PNB (1.87%) and SBI (1.41%) closed lower.
BSE Metal index dropped by 195.63 points to close at 17,206.06 as Jindal Steel (5.17%), Sesa Goa (3.76%), Jindal Saw (3.13%), Tata Steel (2.20%), Hind Zinc (2.33%), SAIL (1.25%) closed in negative.
The oil and gas index slipped by 116.33 points to close at 11,389.21. Pushing it down are RPL (17.64%), CAIRN India (1.58%), Reliance industries (0.31%), BPCL (0.30%) and HPCL (0.16%) closed in red.
The IT index dropped by 26.44 points to close at 4,540.69. Pushing it lower are Tech mahindra (3.33%), Iflex (2.65%), Satyam (2.34%), TCS (0.65%) and Infosys (0.30%) closed in negative.
Tuesday, November 6, 2007
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