Small BusinessSensex breaks four-day winning streak
The Sensex today opened at 17,702 mirroring subdued global cues and slipped into the negative terrain within few minutes of trading. Selling in IT and auto shares dragged the markets further into red. The index touched a low of 17,566, down 177 points from the day"s high. The Sensex languished in the red for the rest of the trading session and finally ended at 17,616, down 85 points. The NSE Nifty ended at 5,263, down 19 points.
The market breadth ended marginally positive, out of 2,969 shares traded, 1,635 advanced and 1,239 declined on the BSE.
The other major losers were Sun Pharma, HDFC, Jaiprakash Associates, DLF and ICICI Bank, down 1% each.
...AND THE MOVERS
Hindalco advanced 2.5% to Rs 175. Reliance, Tata Steel and Reliance Communications were up 1% each at Rs 1,105, Rs 649 and Rs 183, respectively.
VALUE & VOLUME TOPPERS
Aban Offshore topped the value chart with a turnover of Rs 167,97 crore, followed by Reliance (Rs 164.35 crore), Essar oil (Rs 16.02 crore), Tata Steel (Rs 120.43 crore) and Hero Honda (Rs 100.89 crore).
IFCI topped the volume chart on the NSE with trades of over 31 million shres, followed by Unitech (28.85 million), Satyam (24.27 million) and Alok Textiles (21.19 million).