Share markets fall for second day in succession

September 10th, 2008 - 7:05 pm ICT by IANS  

SensexMumbai, Sep 10(IANS) Indian equity markets ended with losses Wednesday for the second day in succession on the back of weak global cues. Metal, realty and auto stocks drove the downslide.The markets started on a weak note, traded in the negative zone till afternoon, and ended the day in the red.

The Bombay Stock Exchange’s 30 share benchmark sensitive index, the Sensex, opened at 14,717.53 points and touched a low of 14,609.83 points before closing at 14,662.61 point, down 238.15 points or 1.60 percent.

The National Stock Exchange, which opened at 4,467.50 points closed at 4,400.25 points, down 68.45 points or 1.53 percent.

The BSE’s mid cap index closed at 5,708.93 points, down 69.27 points or 1.20 percent.

The BSE small cap index closed at 6,903.42 points, down 61.91 points or 0.88 percent.

The market depth was negative. On the BSE, 932 shares advanced, 1,720 declined and 78 maintained status quo.

Top gainers of the day included Grasim Industries, which closed at Rs.2,029.50 up 0.85 percent, ACC Ltd at Rs.596.70 up 0.71 percent and Infosys at Rs.1,747.20 up 0.66 percent.

Top losers of the day included Sterlite Industries at Rs.75.70 down 11.78 percent, Tata Steel at Rs.564.40 down 5.1 percent, and Tata Power at Rs.1,086.50 down 3.44 percent.

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