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Sensex ends below the 18K-mark
 
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January 24, 2008 10:05 IST
Last Updated: January 24, 2008 16:10 IST

The Sensex opened with a huge positive gap of over 300 points at 17,921. Fresh buying in early trades saw the index rally to a high of 18,185 - up 591 points from the previous close.

Selling pressure at higher levels saw the index plunge to a low of 17,070 - down 1,115 points from the day's high.

The Sensex finally ended with a loss of 372 points (2.1%) at 17,222.

The NSE Nifty slipped 170 points (3.3%) to 5,033.

The BSE market breadth was extremely negative - out of 2,741 stocks traded, 2,341 declined, 385 advanced and 15 were unchanged today.

INDEX SHAKERS...

NTPC and Reliance Energy [Get Quote] slumped 9% each to Rs 204 and Rs 1,816, respectively.

Larsen & Toubro and Hindalco [Get Quote] plunged 5.5% each to Rs 3,538 and Rs 152, respectively.

Bajaj Auto [Get Quote] and ONGC [Get Quote] tumbled 4.7% each to Rs 2,110 and Rs 944, respectively.

Wipro [Get Quote] and Grasim [Get Quote] slipped around 4.5% each to Rs 411 and Rs 2,895, respectively.

TCS [Get Quote] slipped nearly 3% to Rs 843. Reliance and BHEL shed around 2.5% each at Rs 2,491 and Rs 2,096, respectively.

...AND THE MOVERS

HDFC [Get Quote] surged over 3% to Rs 2,614.

Satyam [Get Quote] and Reliance Communications [Get Quote] gained 1.7% each at Rs 400 and Rs 625, respectively. SBI [Get Quote] was up 1% at Rs 2,346.

VALUE & VOLUME TOPPERS

Reliance Natural Resources [Get Quote] topped the value chart with a turnover of Rs 408 crore followed by Reliance (Rs 313.60 crore), Reliance Petroleum [Get Quote] (Rs 304.30 crore), Reliance Energy (Rs 175.25 crore) and Reliance Capital [Get Quote] (Rs 169.75 crore).

Ispat Industries [Get Quote] led the volume chart with trades of around 2.95 crore shares followed by Reliance Natural Resources (2.91 crore), Reliance Petroleum (1.81 crore), Tata Teleservices [Get Quote] (1.22 crore) and IFCI (1.21 crore).

Stock market crash 2008: Complete coverage


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