Sensex closes 104 points down, realty, bank stocks slump (Roundup)

August 27th, 2012 - 7:55 pm ICT by IANS  

Sensex Mumbai, Aug 27 (IANS) A benchmark index of Indian equities markets closed 104 points lower Monday on selling in realty, banks, capital goods, technology and auto stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,769.44 points, closed at 17,678.81 points, 0.59 percent or 104.50 points down from its previous day’s close at 17,783.21 points.

The Sensex touched a high of 17,820.07 points and a low of 17,662.21 points in intra-day trade.

The wider 50-scrip S&P; CNX Nifty of the National Stock Exchange closed 0.68 percent down at 5,350.25 points.

The BSE realty index was down 38.55 points. And so were banking index, down 215.37 points, and the capital goods, down 159.99 points.

The main Sensex losers were Jindal Steel, down 5.16 percent at Rs.377.15; BHEL, down 2.70 percent at Rs.224.20; SBI, down 2.58 percent at Rs.1,845.95; ICICI Bank, down 2.12 percent at Rs.935.45; and Tata Motors, down 1.99 percent at Rs.241.10.

The major gainers were Mahindra and Mahindra, up 1.35 percent at Rs.772.80; RIL, up 0.68 percent at Rs.787.40; Sun Pharma, up 0.67 percent at Rs.669.85; Bajaj Auto, up 0.63 percent at Rs.1,722.85; and Bharti Airtel, up 0.44 percent at Rs.249.10.

Among other Asian markets, Japan’s Nikkei closed 0.16 percent up while Shanghai’s composite index closed 1.74 percent lower. Hong Kong’s Hang Seng closed 0.41 percent down.

At closing bell here, France’s CAC was up 0.30 percent and so was Germany’s DAX, up by 0.41 percent. Britain’s FTSE 100 was flat.

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