Sensex falls 97 points in choppy trade (Lead)

December 27th, 2011 - 6:46 pm ICT by IANS  

Sensex Mumbai, Dec 27 (IANS) A benchmark index for Indian equities fell 97 points in choppy trade Tuesday as most of the investors turned wary about building positions ahead of the third-quarter earnings data.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 15,983.98 points, closed at 15,873.95 points, down 0.61 percent or 96.80 points from its previous close at 15,970.75 points.

The market was largely range-bound. The Sensex crossed the 16,000-point mark in early trade and touched a high of 16,049.12 points and low of 15,799.63 points in the intra-day.

The 50-scrip S&P; CNX Nifty of the National Stock Exchange ended 0.60 percent or 28.50 points down at 4,750.50 points.

Most of the sectoral indices as well as broader markets indexes also closed in the red. The BSE midcap index fell 0.69 percent and the smallcap index closed 0.35 percent down.

The BSE realty index slumped 1.72 percent, metal index fell 1.38 percent and the bankex declined 1.23 percent.

Major Sensex losers were: DLF, down 2.70 percent at Rs.191.25; Cipla, down 2.68 percent at Rs.319.70; Coal India, down 2.44 percent at Rs.298.15; Tata Steel, down 2.42 percent at Rs.349.05 and Tata Motors, down 2.36 percent at Rs.181.90.

Of the 30 Sensex scrips only eight closed in the positive territory. Prominent gainers were: Tata Power, up 1.92 percent at Rs.90.25; Bajaj Auto, up 1.19 percent at Rs.1,630.20; ONGC, up 0.50 percent at Rs.263.55 and ITC, up 0.37 percent at Rs.205.50.

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