The Sensex hit a low of 14,738, and finally ended with a hefty loss of 951 points (6%) at 14,809 - its second biggest single-day fall. The index is down a whopping 5,478 points (27%) so far this year.
BIG BAD DAY'S | ||||
Date |
Close |
Prv Cls |
Chg |
% Chg |
21-Jan-08 | 17605.40 | 19013.70 | -1408.35 | -7.41 |
17-Mar-08 | 14809.50 | 15760.52 | -951.03 | -6.03 |
03-Mar-08 | 16677.90 | 17578.72 | -900.84 | -5.12 |
22-Jan-08 | 16729.94 | 17605.40 | -875.41 | -4.97 |
11-Feb-08 | 16630.90 | 17464.90 | -833.98 | -4.78 |
18-May-06 | 11391.43 | 12217.81 | -826.38 | -6.76 |
The Mid-cap and Small-cap indices shed 7% each at 6,124 (459 points) and 7,522 (557 points), respectively.
The BSE Bankex dropped 9% (754 points) to 7,569. The Realty index slumped nearly 8% (606 points) to 7,106, and the Metal index declined 7.5% (1,119 points) to 13,725.
The market breadth was extremely negative - out of 2,716 stocks traded, 2,404 declined, 282 advanced and 30 were unchanged on Monday.
The NSE Nifty dropped 243 points (5.1%) to end at 4,503.
The Asian markets, too, had a bad day following negative cues from the US markets. While the Hang Seng plunged 1,153 points (5.2%) to 21,085. Nikkei slumped 454 points (3.7%) to 11,788. The Shanghai Composite index dropped 143 points (3.6%) to 3,820.
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ICICI Bank crashed nearly 14% (Rs 121) to Rs 757. HDFC slumped 11% (Rs 277) to Rs 2,226. While HDFC Bank slipped nearly 6% to Rs 1,239, SBI declined 4.7% to Rs 1,633.
Jaiprakash Associates tumbled 12% (Rs 28) to Rs 208. DLF plunged nearly 8% to Rs 603, and Larsen & Toubro dropped 7% to Rs 2,704.
Hindalco slumped over 9% (Rs 17) to Rs 165. Tata Steel shed 8% at Rs 659.
Reliance Energy tumbled over 8% to Rs 1,191. Reliance Communications slipped nearly 7% to Rs 483.
Reliance declined over 6% to Rs 2,181. Infosys was down 2.5% at Rs 1,336.
Grasim dropped 6.5% at Rs 2,671. Ranbaxy slipped 5.6% to Rs 438. Tata Motors and BHEL dropped around 4.5% each to Rs 606 and Rs 1,796, respectively.
Major Gainers |
Major Losers | ||||
Name |
Close |
% Chg |
Name |
Close |
% Chg |
AMD Industries | 29.65 | 13.0 | Gandhi Special | 81.55 | -55.0 |
Rane Madras | 66.80 | 11.3 | Orchid Chemicals | 127.05 | -39.1 |
Goldcrest Finance | 25.90 | 10.0 | Brels Infotech | 1.30 | 20.7 |
Pressure Sensitive | 3.53 | 10.0 | Prithvi Information | 139.65 | 20.0 |
Elpro International | 679.00 | 10.0 | Indus Fila | 146.55 | 20.0 |
(Close = Stock pirce at the end of day in Rs) |
Most active counters
Reliance topped the value chart with a turnover of Rs 274 crore followed by GSS America (Rs 237 crore), Reliance Natural Resources (Rs 232.50 crore), Reliance Petroleum (Rs 215.50 crore) and Orchid Chemicals (Rs 207 crore).
Reliance Natural Resources led the volume chart with trades of around 2.27 crore shares followed by Orchid Chemicals (1.55 crore), Reliance Petroleum (1.37 crore), V Guard (1.30 crore) and Ispat Industries (1.11 crore).