Sensex plunges 232 points led by banks, realty stocks

Indian equities,BSE Sensex,NSE Nifty,Sensex movers,Value and volume toppers,gainers,losers

Sensex plunges 232 points led by banks, realty stocks:

Indian equities continued to drop for the second day on Wednesday. Both Sensex and Nifty traded below 2-month low. At the close, the benchmark 30-share index, BSE Sensex declined 232 points or 1.18% at 19,459.85 with 25 components registering drop. Meanwhile, the broad based NSE Nifty went down by 69 points or 1.16% at 5,865.75 with 46 components posting drop.

Sensex Movers

I C I C I Bank contributed fall of 45.28 points in the Sensex. It was followed by State Bank Of India (39.95 points), Housing Development Finance Corporation (30.83 points), Larsen & Toubro (22.64 points) and Tata Consultancy Services (20.57 points).

However, Mahindra & Mahindra contributed rise of 13.71 points in the Sensex. It was followed by Bharti Airtel (6.44 points), Tata Steel (2.59 points), I T C (2.01 points) and Tata Motors (0.56 points).

Major gainers in the 30-share index were Mahindra & Mahindra (3.23%), Bharti Airtel (1.17%), Tata Steel (0.54%), I T C (0.17%), and Tata Motors (0.11%).

On the other hand, State Bank Of India (3.71%), D L F (3.21%), Reliance Communications (2.77%), Tata Consultancy Services (2.73%), I C I C I Bank (2.73%), and Housing Development Finance Corporation (2.67%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Midcap index was at 7995.57 down by 98.67 points or by 1.22%. The major losers were Ackruti City (2.71%), A I A Engineering (2.59%), Allahabad Bank (2.39%), Aban Offshore (1.17%) and Allcargo Global Logistics (0.85%).

The BSE Smallcap index was at 10129.49 down by 80.74 points or by 0.79%. The major losers were A K Capital Services (2.26%), Aarti Industries (2.07%), Abhishek Industries (1.75%), A B G Infralogistics (0.61%) and INEOS ABS (India) (0.19%).

Sectors in Limelight

The Realty index was at 3,027.23, down by 104.47 points or by 3.34%. The major losers were D B Realty (16.57%), Indiabulls Real Estate (4.47%), D L F (3.21%), Ackruti City (2.71%) and Anant Raj Industries (2.35%).

The Bankex index was at 13,478.42, down by 408.06 points or by 2.94%. The major losers were Canara Bank(5.16%), Bank Of India (4.07%), Federal Bank (3.86%), Bank Of Baroda (2.77%) and H D F C Bank (1.7%).

The PSU index was at 9,399.75, down by 180.45 points or by 1.88%. The major losers were Bank Of India(4.07%), Bank Of Baroda (2.77%), Allahabad Bank (2.39%), Andhra Bank (1.32%) and Balmer Lawrie & Company (0.53%).

On the other hand, the FMCG index was at 3,614.46, up by 1.39 points or by 0.04%. The major gainers were Nestle India (2.8%), Dabur India (0.86%) and I T C (0.17%).

Market Breadth

Market breadth was negative with 1,307 advances against 1,724 declines.

Value and Volume Toppers

Tata Steel topped the value chart on the BSE with a turnover of Rs. 886.49 million. It was followed by I C I C I Bank (Rs. 764.50 million), Gravita India (Rs. 691.83 million) and D L F (Rs. 316.84 million).

The volume chart was led by Chambal Fertilisers & Chemicals with trades of over 2.95 million shares. It was followed by Gravita India (2.63 million), Motilal Oswal MOSt Shares M50 ETF - Growth (2.40 million) and Mahindra Satyam (2.16 million).