Friday 13 March 2015

Sensex tanks over 400pts

The CNX Smallcap and the CNX Midcap indices have slipped nearly a per cent each at 5,741 and 13,212, respectively. 

The market has extended losses and now trading at the lowest point of the day on the back of aggressive selling across all the sectors.

The BSE Sensex has slumped 692 points from the day's high to register a fresh intra-day low at 28,492. Similarly, the NSE Nifty has dropped over 200 points to a low of 8,640.

At 2:32 PM, the Sensex is down 416 points at 28,514. The Nifty is down 124 points at 8,652.

The CNX Smallcap and the CNX Midcap indices have slipped nearly a per cent each at 5,741 and  13,212, respectively.

Barring the CNX Realty index, all the Sectoral indices are trading in red zone.

The CNX FMCG index has cracked 2 per cent. The Bank Nifty has tumbled 1.8 per cent.

The CNX Energy and the CNX Pharma indices have dropped 1.3 per cent each.

DLF is the top Nifty gainer - up 7.7 per cent at Rs. 161 after the Securities Appellate Tribunal (SAT) quashed a three-year ban imposed by the Securities and Exchange Board of India on the company and six of its top executives.

Whereas, Jindal Steel is the top Nifty loser - down 3.3 per cent at Rs. 188.

BHEL, Cairn India and HCL Technologies have tumbled 3 per cent each at Rs. 256, Rs. 227, Rs. 1,994, respectively. 

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