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| Sensex ends 317 points down | SIFY | |
| With the minutes of the U.S. Federal Reserve's policy meeting rasing doubts about further quantitative easing, and global commodity prices taking a plunge down south, markets across Asia and Europe tumbled on Thursday, triggering a fairly severe bout of selling pressure on the Indian bourses. After opening on a weak note, the market kept losing ground quite consistently and eventually ended the session with sharp losses, hitting its lowest levels in over two months. The 30-share BSE sensitive index Sensex, which plunged to 19,289.70, ended the day with a loss of 317.39 points or 1.62% at 19,325.36. The broader 50-stock Nifty index of the National Stock Exchange closed at 5852.25, slightly off the day's low of 5844.40, recording a loss of 90.80 points or 1.53%. Barring the BSE Consumer Durables index, which edged up marginally, all the sectoral indces ended in red on Thursday. Metal stocks tumbled, tracking weak industrial metal prices. The BSE Metal index went down by around 3.2%. Bank, realty, capital goods, oil and automobile stocks too mostly ended notably lower. Power and FMCG stocks declined as well. Information technology and healthcare stocks found some support early on, but wilted under pressure as the session progressed. Besides several large cap stocks, scores of midcap and smallcap stocks too ended sharply lower on Thursday. Among the stocks in the Sensex, only GAIL India (up marginally) closed on the positive side. Among the metal stocks in the Sensex, Jindal Steel & Power, Tata Steel, Sterlite Industries and Hindalco lost 3.5% - 4.2%. Coal India, which fared relatively better, ended with a loss of around 0.7%. ICICI Bank declined by 3.7%. Bharti Airtel, Maruti Suzuki, ONGC, Larsen & Toubro, Reliance Industries, Tata Motors, BHEL, Hindustan Unilever, State Bank of India, HDFC Bank, Mahindra & Mahindra and Wipro lost 1.5% - 2.8%. ITC, Dr Reddy's Laboratories, HdfC, Infosys and NTPC also closed weak. Reliance Infrastructure, Sesa Goa, Jaiprakash Associates, IDFC, Punjab National Bank, DLF, Bank of Baroda, Ranbaxy Laboratories and Axis Bank lost 2% - 4%. Grasim Industries, Ambuja Cements, ACC, Siemens and Power Grid Corporation also ended notably lower. ABB declined on disappointing results. Shriram Transport Finance plunged sharply amid huge volumes. According to reports, US private equity firm TPG Capital has raised $305 million by selling about half of its stake in commercial vehicle financier Shriram Transport Finance Co Ltd. TPG, which owned about 20% of Shriram Transport before the sale, sold the shares at Rs 715 each to a large number of overseas and domestic institutional investors, the reports said. Videocon Industries, Nestle and Kingfisher Airlines saw some brisk buying on stock specific news. The market breadth was very weak. Out of 2961 stocks traded on BSE, as many as 1929 stocks declined. 904 stocks moved up and 128 stocks ended flat. |
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| Domestic Market Reports | |
| Weekly Wrap: Sensex loses nearly 3% on weak results, economic concerns | 26 May, 2013 |
| NSE to implement transaction tax cut as of June 1 | 26 May, 2013 |
| Weekahead - Shares to track GDP, foreign inflows | 26 May, 2013 |
| US STOCKS-Wall St posts 1st weekly loss since mid-April on Fed angst | 26 May, 2013 |
| US STOCKS SNAPSHOT-Wall St wanes on Fed uncertainty, S&P dips for 3rd day | 26 May, 2013 |
| US STOCKS-Wall St on track for first losing week since mid-April | 26 May, 2013 |
| US STOCKS SNAPSHOT-P&G lifts Dow into positive territory | 26 May, 2013 |
| US STOCKS-Wall St slips on Fed stimulus uncertainty; P&G jumps | 26 May, 2013 |
| European shares toil amid growth and stimulus worries | 26 May, 2013 |
| US STOCKS-Wall St drops on uncertainty about Fed stimulus | 26 May, 2013 |
| International Market Reports | |
| Goldman unveils checks on conflicts in bid to fix image | 26 May, 2013 |
| Nikkei hits fresh 5-1/2-year high on BOJ optimism, Sony soars | 26 May, 2013 |
| Dimon clings to JPMorgan chairman title, after fight | 26 May, 2013 |
| Nikkei edges up to new 5-1/2-yr high as retail investors pick up bargains | 26 May, 2013 |
| Goldman exits China's ICBC, seven years and billions later | 26 May, 2013 |
| Nikkei hits new 5 1/2-year high on real estate, agricultural shares | 26 May, 2013 |
| Tata Comm to delist from NYSE | 26 May, 2013 |
| Emerging market growth expectations hit 7-month low | 26 May, 2013 |
| Buffett devotees stick by him even as growth slows | 26 May, 2013 |
| Credit Suisse says ex-VP stole trade secrets in move to Goldman | 26 May, 2013 |
| Top Movers | ||
| BSE - May 24, 12:00 AM | A B1 B2 | |
| Company Name | Current |
Change % |
| United Spirits | 2569.50 |
6.55
|
| Amara Raja Batt | 258.80 |
5.98
|
| A B B Ltd. | 661.35 |
5.19
|
| Tata Steel Ltd. | 313.15 |
4.56
|
| Tata Power Comp | 91.40 |
3.75
|
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| Top Movers | ||
| NSE - May 24, 3:31 PM | ||
| Company Name | Current |
Change % |
| Electro Therm ( | 23.90 |
36.57
|
| Vardhman Specia | 23.25 |
26.36
|
| Summit Securiti | 68.80 |
24.52
|
| Eurotex Industr | 14.85 |
23.75
|
| Sah Petroleums | 22.80 |
20.00
|
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| Worst Shakers | ||
| BSE - May 24, 12:00 AM | A B1 B2 | |
| Company Name | Current | Change % |
| Sun Pharmaceuti | 969.65 |
3.67
|
| Esab India Ltd. | 416.65 |
3.10
|
| Bank of India | 299.50 |
2.57
|
| Trent Ltd. | 1049.40 |
2.17
|
| Credit Rating I | 921.50 |
1.83
|
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| Worst Shakers | ||
| NSE - May 24, 12:00 AM | ||
| Company Name | Current |
Change % |
| Lumax Automotiv | 13.25 |
32.57
|
| Bang Overseas L | 12.00 |
18.37
|
| OM Metals Infra | 15.30 |
18.18
|
| Coromandel Engi | 205.00 |
10.87
|
| Gwalior Chemica | 28.00 |
10.54
|
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| Top Volume | ||
| BSE - May 24, 12:00 AM | A B1 B2 | |
| Code | Current |
Volume |
| Unitech Ltd. | 25.30 |
6964330
|
| Housing Develop | 49.15 |
6219138
|
| Jaiprakash Asso | 68.00 |
4155795
|
| Spicejet Ltd. | 37.80 |
4085718
|
| Reliance Commun | 108.30 |
3800527
|
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| Top Volume | ||
| NSE - May 24, 12:00 AM | ||
Code |
Current |
Change |
| Unitech Ltd. | 25.30 |
45728681
|
| Jaiprakash Asso | 68.00 |
34778671
|
| Housing Develop | 49.30 |
24814369
|
| Reliance Commun | 108.30 |
17935459
|
| DLF Ltd. | 211.90 |
14089201
|
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