Wednesday, December 9, 2009

Sensex ends 100 points lower; metals, banks down

MUMBAI: Equities ended rangebound session in the negative terrain Wednesday in line with other global markets. Metals, banks and power stocksled the decline while IT and auto showed some resistance.

Bombay Stock Exchange’s Sensex closed at 17123.08, down 104.60 points or 0.61 per cent. The index touched an intra-day low of 17057.37 and high of 17227.96.

National Stock Exchange’s Nifty closed at 5112.85, down 35.10 points or 0.68 per cent. The 50-share index hit a high of 5147.65 and low of 5090.60.

BSE Midcap Index was down 0.60 per cent and BSE Smallcap Index moved up 0.41 per cent.

Amongst the sectoral indices, BSE Metal Index was down 2 per cent, SE Bankex slipped 1.43 per cent and BSE Power Index declined 0.59 per cent. BSE IT Index was up 0.82 per cent, BSE Auto Index moved up 0.69 per cent.

Biggest Sensex gainers were Maruti Suzuki (2.99%), Hero Honda (1.69%), Wipro (1.54%), Sun Pharmaceuticals (1.29%) and Tata Consultancy Services (0.99%)

Tata Steel (-3.97%), Hindalco Industries (-3.01%), Sterlite Industries (-2.93%), HDFC (-2.33%) and ICICI Bank (-1.96%) were the losers.

Market breadth on BSE, however, remained positive with 1511 advances outnumbering 1307 declines.

ET

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