Sensex slips into the red

By IANS
Monday, December 13, 2010

MUMBAI - All round selling saw a benchmark index of Indian equities falling into the red Monday, although broader market indices maintained to hold on to early gains.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,600.28 points, was ruling at 19,409.64 points, up 93.99 points or 0.48 percent from its previous close at 19,508.89 points.

It slipped 187 points to 19,321.41 points.

At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 5,830.05 points, down 0.47 percent.

Broader markets were in the positive, with the BSE midcap index ruling 0.85 percent up and the BSE smallcap index trading 1.17 percent higher.

Power, PSU and realty stocks were in the green while IT and telecom scrips saw profit booking.

Among major gainers of the Sensex were Cipla, Reliance Infra, BHEL and Hindustan Unilever, while prominent losers included ITC, Wipro, ICICI Bank and Jindal Steel.

The market breadth was positive, with 1,761 stocks advancing, compared to 1,007 scrips on the decline, while 96 stocks were unchanged.

Other Asian markets closed mixed. The Shanghai Composite Index was ruling 2.85 percent higher at 2,922.13 points.

However, the Japanese Nikkei advanced 0.8 percent to close at 10,293.89 points and the Hong Kong’s Hang Seng was trading 0.82 percent up at 23,353.02 points.

Filed under: Economy

Tags:
YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :