Sensex closes 74 points down, realty, oil & gas stocks slump

September 3rd, 2012 - 5:40 pm ICT by IANS  

Sensex Mumbai, Sep 3 (IANS) Amid choppy trade, a benchmark index of Indian equities markets Monday closed 74 points lower. Realty, oil and gas and metal scrips were the worst hit.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,465.60 points, closed provisionally at 17,355.54 points, 0.42 percent or 74.02 points down from its previous day’s close at 17,429.56 points.

The Sensex touched a high of 17,509.99 points and a low of 17,349.57 points in intra-day trade.

The wider 50-scrip S&P; CNX Nifty of the National Stock Exchange also closed 0.26 percent down at 5,245 points.

The main Sensex losers included Jindal Steel, down 2.58 percent at Rs.343.20; Tata Power, down 1.76 percent at Rs.97.85; Tata Steel, down 1.63 percent at Rs.356.60; Tata Motors, down 1.60 percent at Rs.230; and Mahindra and Mahindra, down 1.52 percent at Rs.753.55.

The gainers were Bajaj Auto, up 3.50 percent at Rs.1,672; Maruti Suzuki, up 2.32 percent at Rs.1,165; Coal India, up 2.11 percent at Rs.360.20; Cipla, up 1.26 percent at Rs.382.90; and Larsen and Toubro, up 1.16 percent at Rs.1,357.

Other Asian markets closed mixed. Japan’s Nikkei closed 0.63 percent down while Shanghai’s composite index ended 0.57 percent higher. Hong Kong’s Hang Seng closed 0.39 percent up.

At closing bell here, European markets were trading higher. France’s CAC was up 0.53 percent and so was Germany’s DAX, up by 0.51 percent. Britain’s FTSE 100 was up 0.57 percent.

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