VN Corporate VN Research & Consulting VN Sourcing Practice IndiaNotes
 Like us on facebook  Follow us on twitter  Follow us on LinkedIn  IndiaNotes on Google Plus  IndiaNotes on Pinterest  IndiaNotes on Stumbleupon  Subscribe to our feeds

Stocks  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
You are here : IndiaNotes >> Market Action >> Fundamental

Sensex closes below 16,500; Nifty hits 52-week low

IndiaNotes Team | 18 Aug, 2011  | Follow Author | Add to my Favourites 

Market round-up

Nifty plunged to a 52-week low on concerns over global economy slipping into recession. Investors were also worried that a rate hike by the RBI to control inflation would further impact growth negatively.

The BSE Sensex closed at 16,469.79 down by 371.01 points or 2.20%. The index touched a high of 16,916.81 and low of 16,433.31 during the day. Nifty ended the day at 4,944.15, down 112.45 points or 2.22%. It hit a high of 5,078.60 and low of 4,932.15 intraday.

All the sectoral indices ended up in the red, while BSE IT (-3.99%) and BSE Bankex (-3.51%) led the pack.

Gainers & Losers
DLF (2.39%), Hero Honda (0.63%), Jaiprak Asso (0.60%), and Hind.Unilev (0.06%) were the top Sensex gainers.

In the 30-share index, Wipro (-5.59%), ICICI Bank (-5.09%), Sterlite Ind (-4.91%), Jindal Stl Pow (-4.72%) and SBI (-4.59%) were top losers.

DLF (2.77%), Jaiprak Asso (1.30%), RCom (0.86%), Hero Honda (0.70%) and GAIL (0.42%) posted the highest gains on the 50-share Nifty.

Whereas, REL (-6.06%), HCL Tech (-5.95%), Wipro (-5.66%), Axis Bank (-5.04%) and Sterlite Inds (-4.91%) were the top losers on the 50-share Nifty.

Mid and Small-cap space
The BSE Midcap Index closed at 6,211.55, down 130.26 points or 2.05%. The Smallcap Index was down by 192.31 points or 2.62% to 7,148.19.

Market breadth was negative with 690 advances against 2,221 declines.

About IndiaNotes Team

Reader's Comments

Post a comment
Be the first one to comment on IndiaNotes Xchange OR comment via Facebook


Technical Calls

What are technical calls?

Other Articles

Have a question?

[X] Amazon Deals