The BSE index's downslide of over 1,400 points was spread across the market, with just one stock ending in green for every 20 falling prey to the meltdown. According to data available with the Bombay Stock Exchange, 139 stocks, or 4.94 per cent of all actively traded scrips, gained. In contrast, 2,657 stocks, or 94.52 per cent, ended in the red on the bourse.
The gainers did not include a single company from Sensex, 30-share index of blue-chip companies. Besides, there were just three gainers on the BSE 500 index as well.
The BSE 100 index also did not have any gainers, while there were two in the BSE 200 index.
Taking a cue from global markets, the benchmark Sensex on Monday tumbled by 1,408.35 points, biggest single-day loss, shaving off over Rs 6 trillion from investors' wealth.
However, shrugging off the overall weakness on the bourses, as many as 30 companies saw their share prices rising to new life-time highs, while 51 stocks got stuck at their upper circuit limit.
While the stocks scaling new peaks included some known names like Essar Shipping [Get Quote], Southern Ispat [Get Quote] and Usher Agro [Get Quote], the list of those hitting upper circuit limit were mostly penny stocks belonging to T and Z groups of the BSE.
A total of 15 stocks remained unaffected by the upheaval in the market and closed flat.
© Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
|
Advertisement
Email this Article 
Print this Article