Market ends in red

Table of Contents

MUMBAI: Indian markets plunged towards close Friday as the US bailout plan remained unresolved. Realty, metal and banking sectors were the worst hit.

Bombay Stock Exchange’s Sensex closed at 13,061.54, down 485.64 points or 3.58 per cent. The index touched an intra-day low of 13,054.42 and a high of 13,486.20.

National Stock Exchange’s Nifty closed at 3973.45, down 137.1 points or 3.34 per cent. The broader 50-share index touched a low of 3970.35 and a high of 4110.70.

BSE Midcap Index closed 3.17 per cent lower at 4931.52 and BSE Smallcap Index ended 3.28 per cent down at 5,851.54.

Ranbaxy Laboratories (-7.07%), ICICI Bank (-6.67%), M&M (-6.23%), BHEL (-5.63%) were the majors losers on the Sensex.

ITC (1.11%), Hindustan Unilever (0.98%) and ACC (0.47%) were the major Sensex gainers.

Market breadth was extremely weak on the BSE with 455 advances and 2158 declines.

(All figures are provisional)

For More

    Share the Post:

    Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.