Sensex slips in red; L&T;, Maruti Suzuki fall (Lead)

March 4th, 2011 - 5:45 pm ICT by IANS  

Sensex Mumbai, March 4 (IANS) A benchmark index for Indian equities markets closed in the red Friday as some investors booked profit taking advantage of a post-budget rally.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened sharply higher at 18,622.70 points, pared the gains in the afternoon and closed at 18,486.45 points, down 0.02 percent or 3.31 points from the previous day’s close of 18,489.76 points.

The benchmark Sensex remained range-bound throughout the day. The index touched a high of 18,736.97 points and low of 18,448.69 points in the intraday trade.

However, at the National Stock Exchange (NSE), the broader 50-share S&P; CNX Nifty closed in the positive in a largely range-bound session. The Nifty ended 0.05 percent or 2.55 points up at 5,538.75 points.

L&T; slumped 3.08 percent to close at Rs.1,610.80. Other major Sensex losers were Jaiprakash Associates, down 2.04 percent at Rs.84; Maruti Suzuki, down 1.98 percent at Rs.1,302; and BHEL, down 1.94 percent at Rs.2,085.

Major gainers on the Sensex were: Tata Power, up 2.27 percent at Rs.1,218.70; Hero Honda, up 2.15 percent at Rs.1,534.45; Bajaj Auto, up 2 percent at Rs.1,377.65 and HDFC, up 1.63 percent at Rs.681.55.

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