Sensex closes 97 points down; Wipro, BHEL slump (Roundup)
April 27th, 2011 - 8:27 pm ICT by IANS
Mumbai, April 27 (IANS) A benchmark index for Indian equities markets fell nearly half percent Wednesday on selling pressure in realty, IT, auto and metal stocks to close in the red for the third straight session.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,610.71 points, ended the day at 19,448.69 points, down 0.49 percent or 96.66 points from its close at 19,545.35 points.
The Sensex touched a high of 19,633.63 points and low of 19,412.79 points in the intraday.
At the National Stock Exchange, the 50-scrip S&P; CNX Nifty closed 0.59 percent or 34.50 points down at 5,833.90 points.
Wipro slumped 2.86 percent at Rs.450.75 on lower-than-expected quarterly earnings and sales forecasts. The country’s third largest outsourcing firm has posted Rs.1,375 crore net profit for the fourth quarter of 2010-11, up 14 percent from the corresponding quarter of previous year.
Other major losers on the Sensex were: Jaiprakash Associates, down 2.66 percent at Rs.97.10; BHEL, down 2.30 percent at Rs.2,019.95; Reliance Infra, down 2.22 percent at Rs.667.60; Hero Honda, down 1.67 percent at Rs.1,741.65; and DLF, down 1.57 percent at Rs.234.65.
ONGC, up 2.57 percent at Rs.311.55; Mahindra & Mahindra, up 1.61 percent at Rs.768.50; Maruti Suzuki, up 1.10 percent at Rs.1,315.50; and ITC, up 0.86 percent at Rs.193.30 were among the major Sensex gainers.
Most sectoral indices closed in the red with the realty index falling 1.55 percent and the consumer goods index down 1.20 percent. Metal index fell 0.81 percent.
Broader market indices of the Bombay Stock Exchange ended flat.
Other Asian markets ended mixed with the Japanese Nikkei average closing 1.39 percent higher at 9,691.84 points, while the Shanghai composite index of the Chinese stock exchanges declined 0.46 percent at 2,925.41 points and Hong Kong’s Hang Seng closed 0.48 percent down at 23,892.80 points.
Most European markets were in the green. Around midday, the French CAC 40 was trading 0.80 percent higher at 4,077.56 points, while Britain’s FTSE was ruling 0.25 percent up at 6,084.80 points.
The German DAX was trading 0.80 percent higher at 7,424.93 points.
- Sensex down 89.56 points in noon trade - May 14, 2012
- Sensex falls 97 points in choppy trade (Lead) - Dec 27, 2011
- Sensex closes 67 points down as bearish mood prevails (Roundup) - May 09, 2012
- Sensex rises 120 points, FMCG, realty, metal stocks up - May 17, 2012
- Sensex closes flat on weak rupee (Lead) - May 17, 2012
- Sensex closes 74 points down; auto, realty stocks slump - Nov 14, 2011
- Sensex up 76.94 points (Lead) - Apr 30, 2012
- Sensex closes 74 points higher (Lead) - Apr 02, 2012
- Sensex ends in green; FMCG, auto stocks rally (Lead) - Apr 10, 2012
- Sensex falls 193.40 points, banking stocks slump (Lead) - May 07, 2012
- Sensex rises 100 points; TCS, Wipro surge - Apr 24, 2012
- Sensex slips 100 points; metal, telecom stocks slump - Apr 11, 2012
- Sensex falls 59 points as bearish mood prevails (Lead) - May 10, 2012
- Sensex down 35.68 points, oil and gas stocks fall - May 25, 2012
- Sensex slips 164 points to close at a three-month low (Roundup) - May 25, 2011
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