Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Markets crack, Sensex slips below 17K mark

The markets have cracked further and trading in deep red.

News18test sharma |

Updated:May 22, 2008, 10:58 AM IST
facebookTwitter Pocket whatsapp
Markets crack, Sensex slips below 17K mark
The markets have cracked further and trading in deep red.

Mumbai: The markets have cracked further and trading in deep red due to huge selling pressure banking, auto, capital goods, power, realty, metal and oil stocks.

The Sensex was trading below 17000 mark while the Nifty is still above 5000. Market breadth has weakened; 272 shares advanced while 826 shares declined. Midcap and small cap stocks were also under selling pressure.

At 1022 hrs, IST, the Sensex was down 328 points at 16,914 and the Nifty down 96 points at 5,021. Midcap and Small Cap indice were down nearly 1%.

Top losing counters were Reliance Infra, Tata Motors, ICICI Bank and PNB while gainers - TCS, Satyam and Cairn India.

The BSE Bankex fell nearly 3% as selling seen in ICICI Bank, PNB, HDFC Bank, Axis Bank, SBI, Union Bank and BOB. Auto stocks like Tata Motors, Escorts, M&M, Maruti and Hero Honda lost ground. The Auto Index was down 2.4%.

Capital Goods crashed nearly 2.4% due to loss in Rel Ind Infra, Suzlon Energy, Praj, Punj Lloyd, ABB, L&T and BHEL. BSE Power Index lost over 2% led by GVK Power, Rel Infra, GMR, Suzlon Energy, Tata Power, NTPC, Torrent Power and Power Grid.

Realty, Metal and Oil & Gas indices were down over 1.5%. FMCG and Healthcare slipped over 1%. Most active counters on the bourses were IFCI, Cairn, Reliance Power and Reliance Industries.

The Indian Rupee has depreciated further and hit 43.15 a dollar.

Latest News

Hindustan Zinc cuts lead prices by Rs 2,300/t; keeps zinc prices unchanged: NW18

Gammon Infra FY08

Cons net profit at Rs 18.6 crore versus Rs 27.5 crore

Cons net sales at Rs 159.4 crore versus Rs 147.7 crore.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
Narayana Hruda 360.20 1.22
Bharti Airtel 490.90 -4.55
United Spirits 656.40 14.00
Bajaj Finance 4,213.05 1.14
Gati 69.40 0.73
Top Gainers
Company Price Change %Gain
HDFC 2,432.40 1.53
Bajaj Finance 4,213.05 1.14
Sun Pharma 452.65 0.96
HDFC Bank 1,222.85 0.82
TCS 2,184.05 0.71
Top Losers
Company Price Change %Gain
Bharti Airtel 490.90 -4.55
Tata Steel 446.25 -3.49
Tata Motors 176.10 -3.37
Reliance 1,471.35 -2.34
Maruti Suzuki 6,996.95 -2.05

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results