Sensex slips, but manages to stay above 18,000
February 16th, 2012 - 1:21 pm ICT by IANS
Mumbai, Feb 16 (IANS) Traders booked profits at Indian equities markets Thursday with a benchmark index slipping in morning trade but managing to stay above the 18,000-mark, which it breached Wednesday for the first time in six months.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 18,163.05 points, and was ruling at 18,073.48 points, 128.93 points or 0.71 percent down from its previous close at 18,202.41 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was trading lower at 5,493.4 points, down 38.55 points or 0.7 percent from its previous close.
Broader markets were also in the red, with the BSE 500 index trading 0.41 percent down. The BSE midcap index was up 0.19 percent while the BSE smallcap index gained 0.44 percent.
As per the sectoral indices on the BSE, power, realty and capital goods stocks were on the rise.
Prominent gainers on the 30-scrip Sensex included Jindal Steel, Tata Power, Cipla and BHEL, while losers included RIL, ICICI Bank and Tata Motors.
The market breadth was positive with 1,298 stocks advancing, 1,202 on the decline and 121 unchanged.
Asian markets fell with investors uneasy as a bailout package for Greece was dealing with an indication coming from Euro zone countries that they could wait till the country held elections in April.
The Japanese Nikkei fell 0.38 percent to rule at 9,224.78 points, while Hong Kong’s Hang Seng was trading 0.7 percent lower at 21,216.36 points.
The Chinese Shanghai Composite index, also shed 0.74 percent to trade at 2,349.27 points.
- Sensex closes 76 points lower (Lead) - Feb 16, 2012
- Sensex flat as traders take a breather after rally (Roundup) - Feb 16, 2012
- Sensex closes 202 points lower (Second Lead) - May 17, 2011
- Sensex rallies past 18,000, closes 353 points up (Roundup) - Feb 15, 2012
- Sensex marginally down at 16,878 points - May 08, 2012
- Sensex rises 63.33 points; capital goods, banking, realty stocks up - May 21, 2012
- Sensex slips 136 points, consumer durables, banking stocks lose (Lead) - Mar 28, 2012
- Sensex still weak, broader markets in red (Lead) - Feb 21, 2011
- Sensex gives up early gains (Lead) - May 09, 2011
- Sensex rises ahead of budget - Feb 28, 2011
- Indian equities shoot up in morning trade - Jan 03, 2012
- Sensex slips from morning highs - Feb 18, 2011
- Sensex rises 100 points in the afternoon trade - Apr 18, 2012
- Sensex builds on morning gains, up 370 points in afternoon (Lead) - May 13, 2011
- Sensex closes 63 points up (Lead) - Feb 15, 2011
Tags: asian markets, bailout package, benchmark index, bhel, bombay stock exchange, bse, capital goods, cipla, euro zone, hang seng, index trading, market breadth, midcap index, national stock exchange, sectoral indices, sensitive index, shanghai composite index, smallcap index, tata motors, tata power