Sensex down more than 200 pts, set to end on dismal note

Source : SIFY
Last Updated: Wed, Oct 27, 2010 09:51 hrs
BSE Sensex ends down; posts first weekly loss in six

With the bears still remaining relentless, and turning aggressive instead, stocks across several sectors are down sharply in the red now, setting up a dismal close for the market today.

Worst losers | Top gainers

The Sensex, which plunged to 19,923.71 a little while ago, is down with a loss of 208.94 points or 1.03% at 20,012.45. The Nifty is down 66.80 points or 1,1% at 6015.20.

Realty stocks remain the most prominent losers, and mirroring their fall, the BSE Realty index is now down as much as 2.26%. FMCG, bank, power, capital goods, oil and PSU stocks are also mostly down in negative territory with notable losses.

Information technology stocks, which showed some signs of recovery, are trending lower now. Pharmaceuticals and automobile stocks are also exhibiting weakness. Metal and consumer durables stocks are edging up a bit.

NTPC, HDFC, Maruti Suzuki, ICICI Bank, ITC, ACC and Bharti Airtel are trading lower by 2% - 3.3%. Hindustan Unilever, HDFC Bank, Cipla, ONGC, Jindal Steel, DLF, Larsen & Toubro, Tata Power, Tata Consultancy Services and Reliance Infrastructure are also down with sharp losses.

Union Bank of India, Rashtriya Chemicals & Fertilizers, Indiabulls Real Estate, HDIL, Dish TV, Indian Hotels, Educomp Solutions, Corporation Bank, Kotak Bank, Idea Cellular, Gujarat State Petronet, Procter & Gamble, Yes Bank, IL & FS Transport, SAIL, TVS Motor, Essar Oil and Pipavav Shipyard are trading sharply lower.

Dabur India Limited has posted a net profit of Rs 1261.80 million for the quarter ended September 30, 2010 as compared to Rs 1243.90 million for the quarter ended September 30, 2009. Total Income has increased from Rs 7124.50 million for the quarter ended September 30, 2009 to Rs 8071.50 million for the quarter ended September 30, 2010. The stock is down 1% at Rs 103.40.

Worst losers | Top gainers

Asian Paints Limited shares are down sharply on weak results. The stock is down 3.6% at Rs 2500 now. The company has posted a net profit of Rs 1961.60 million for the quarter ended September 30, 2010 as compared to Rs 2543.20 million for the quarter ended September 30, 2009. Total Income has increased from Rs 14729.10 million for the quarter ended September 30, 2009 to Rs 14942.80 million for the quarter ended September 30, 2010.




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