Indian markets crashedon Fridayafter the series of measures
announced by both the government and RBI failed to arrest fall in
rupee. Rupee has witnessedrecord low of 62 against US dollar in
At the close, the benchmark 30-share index, BSE Sensex lost
749.39 or 3.87% at 18,618.20 with 22 components posting drop.
Meanwhile, the broad based NSE Nifty went down by 241.75 or 4.21%
at 5,500.55 with 40 components posting drop (updated as on
I T C contributed fall of 87.85 points in the Sensex. It was
followed by Housing Development Finance Corporation (53.38 points),
Larsen & Toubro (47.7 points), Reliance Industries (30.77
points) and H D F C Bank (24.05 points).
However, Tata Motors contributed rise of 69.97 points in the
Sensex. It was followed by Hero Motocorp (6.74 points), D L F (6
points), NTPC (2.86 points) and Sun Pharmaceutical Industries (1.25
Biggest gainers in the 30-share index were Tata Motors (11.39%),
Hero Motocorp (3.93%), Bajaj Auto (1.44%), NTPC (0.83%), Wipro
(0.47%), and Sun Pharmaceutical Industries (0.29%).
On the other hand, Bharat Heavy Electricals (11.73%), Jindal
Steel & Power (7.25%), Coal India (5.96%), Larsen & Toubro
(5.10%), I T C (4.39%), and Maruti Suzuki India (4.26%) were the
biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts declining-2.77% and -2.16% respectively.The major
losers in the BSE Midcap were Amtek Auto (6.5%), Allahabad Bank
(4.85%), Anant Raj (3.88%), Aban Offshore (1.65%) and A B G
Shipyard (0.73%).The major losers in the BSE Smallcap were Wagend
Infra Venture (2.6%), Action Construction Equipment (2.24%),
Styrolution ABS (India) (2.22%), Adhunik Metaliks (2.05%) and
Aanjaneya Lifecare (1.49%).
Sectors in Limelight
The Consumer Durables index was at 5,875.64, down by 556.93
points or by 8.66%. The major losers were Titan Industries (9.71%),
Symphony (4.63%), Rajesh Exports (2.34%), Bajaj Electricals (1.56%)
and T T K Prestige (0.91%).
The Realty index was at 1,257.80, down by 87.63 points or by
6.51%. The major losers were Indiabulls Real Estate (7.14%),
Phoenix Mills (5.8%), Anant Raj (3.88%), Prestige Estates Projects
(2.8%) and Housing Development and Infrastructure (0.8%).
The Metal index was at 6,919.97, down by 443.25 points or by
6.02%. The major losers were Jindal Steel & Power (7.25%), Coal
India (5.96%), Bhushan Steel (3.2%), Hindustan Zinc (2.02%) and
Hindalco Industries (1.28%).
The Bankex index was at 10,800.61, down by 634.94 points or by
5.55%. The major losers were Canara Bank(9.2%), Bank Of India
(8.07%), Bank Of Baroda (7.85%), Federal Bank (6.51%) and H D F C
Market breadth was negative with 1,052 advances against 1,346
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 1,408.72 million. It was followed by Financial
Technologies (India) (Rs. 693.28 million), Reliance Communications
(Rs. 580.06 million) and Yes Bank (Rs. 574.74 million).
The volume chart was led by Reliance Communications with trades
of over 4.87 million shares. It was followed by Financial
Technologies (India) (4.65 million), Jaiprakash Associates (4.48
million) and Reliance Power (2.77 million).