Sensex closes lower for third consecutive day (Lead)March 19th, 2012 - 6:24 pm ICT by IANS
Mumbai, March 19 (IANS) A benchmark index for Indian markets closed 193 points lower amid heavy selling in realty, power and capital goods scrips Monday in its third consecutive loss-making session.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,531.47 points and closed at 17,273.37 points, down 192.83 points or 1.1 percent compared to its previous close at 17,466.2 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange also ended lower at 5,257.05 points, down 60.85 points or 1.14 percent from its previous close.
Broader markets were in the negative too with the BSE 500 index closing 1.16 percent lower. The BSE midcap index was down 0.96 percent lower, while the BSE small cap index slipped 1.08 percent.
Realty, power and capital goods stocks were the major losers, while FMCG scrips gained.
The market breadth was negative with 1,004 stocks advancing, 1,868 declining and 100 remaining unchanged.
Major losers on the Sensex included BHEL, down 4.84 percent at Rs.260.30; SBI, down 3.07 percent at Rs.2,159.65; RIL, down 2.21 percent at Rs.754.90 and HDFC, down 2.18 percent at Rs.650.65.
Among gainers were: ITC, up 2.01 percent at Rs.220.45; M&M;, up 1.74 percent at Rs.688.70; Sun Pharma, up 1.68 percent at Rs.554.20 and Hindustan Unilever, up 0.72 percent at Rs.393.25.
According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors (FIIs) bought stocks worth $182.59 million Monday. For the month, FIIs have bought stocks over $1.6 billion.
Asian markets were mixed.
The Japanese Nikkei moved up 0.12 percent to end at 10,141.99 points. Hong Kong’s index shed 0.95 percent at 21,115.29 points.
The Chinese Shanghai Composite index closed 0.23 percent up at 2,410.18 points.
European markets were trading in the red.
Britain’s FTSE 100 was down 0.48 percent at 5,936.9 points, while the German DAX was trading 0.71 percent lower at 7,106.95 points.
The French CAC 40 was ruling 0.8 percent down at 3,565.95 points.
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- Sensex plunges 277 points on weak global cues (Roundup) - Apr 23, 2012
- Sensex above 17,000, JP Morgan upgrades Indian stocks (Lead) - Jun 21, 2012
- Sensex down 82 points as bank, oil and gas stocks tumble - Jul 20, 2012
- Sensex closes 85 points up, Bharti drags (Roundup) - Feb 08, 2012
- Sensex closes 370 points lower, capital goods lose (Roundup) - Jan 30, 2012
- Markets under pressure, Sensex closes 168 points down (Roundup) - Mar 01, 2012
- Sensex closes 115 points higher in volatile trade - Nov 30, 2011
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