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Sensex takes a big hit

Source : SIFY
Last Updated: Tue, Apr 09, 2013 10:08 hrs
A broker monitors share prices at a brokerage firm in Mumbai

After trading in positive territory till around mid afternoon, the market plunged sharply and ended the session with notable losses on Tuesday.

Though global cues were positive, investors pressed sales, amid concerns about a likely fall in India Inc's quarterly earnings.

The Sensex, which ended at 18,218.80 (provisional) with a loss of 218.98 points or 1.19%.

The Nifty closed at 5490.80, down 52.15 points or 0.94%.

IT, PSu, oil and realty stocks declined sharply.

Consumer durables, power, FMCG and bank stocks too mostly ended notably lower.

Capital goods and healthcare stocks too ended weak.

Metal stocks ended well off their highs.

Select automobile stocks ended on a positive note.

Cement stocks had a good outing.

Midcap and smallcap stocks closed weak.

The market breadth was weak.

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