Thursday, 16 February 2012

Sensex trades down 125 points; Oil & Gas, Metal drag




Indian markets dropped further in early trade on Thursday. Sensex was trading down 125.17 points or 0.69% at 18,077.24 with 16 components falling. Meanwhile, the NSE Nifty was trading lower by 40.45 points or 0.73% at 5,491.50 with 32 components falling. 

The 30-share benchmark index, BSE Sensex opened with a decline of 39.36 points or 0.22% at 18,163.05, while the broad based NSE Nifty started with a fall of 18.20 points or 0.33%, at 5,513.75.
Sensex Movers
Reliance Industries contributed fall of 54.56 points in the Sensex. It was followed by H D F C Bank (19.95 points), I C I C I Bank (19.6 points), Tata Motors (14.68 points) and Tata Consultancy Services (10.93 points).
 
However, Bharat Heavy Electricals contributed rise of 8.93 points in the Sensex. It was followed by Tata Power Company (7.26 points), Larsen & Toubro (6.25 points), NTPC (5.01 points) and Oil & Natural Gas Corporation (5 points).

Biggest gainers in the 30-share index were Bharat Heavy Electricals (3.25%), Tata Power Company (3.21%), Jindal Steel & Power (2.98%), Cipla (2.35%), Hero Honda Motors (1.77%), and NTPC (1.37%).
 
On the other hand, Hindalco Industries (4.10%), Sterlite Industries (India) (3.93%), Coal India (3.68%), Reliance Industries (2.92%), Mahindra & Mahindra (2.77%), and Sun Pharmaceutical Industries (2.67%) were the biggest losers in the Sensex.

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