Indian Market Roundup : Sensex low 354 points, closes at 15,104

Indian Stock MarketMarket Round Up
The markets extended their losses for the second consecutive day on the back of monsoon concerns and weak Asian and European cues. The Hang Seng index ended down 523 points or 2.5% and Shanghai shut down 96 point or 2.8%. The Sensex tumbled 354 points or 2.28% to settle at 15,160 after hitting an intra-day low of 15,104 and the Nifty shut at 4,481 down 2.27% or 104 points after making a low of 4465. The broader indices also declined around 2% each. The selling pressure was throughout the day and all sectoral indices ended in the red. Auto, realty and banking stocks led the decline on the bourses today. The market breadth was negative since the early trade. The Aug nifty future ended with 14 points discount at 4467.

Movers & Shakers
The monsoon has been the big worrisome factor for auto sector since yesterday, as it affected the most. The BSE auto index plunged 3.8 %. Bajaj Auto fell over 7 % and M&M and Maruti lost 5.4 %. Hero Honda and Bharat Forge were down more then 2% each.
The realty index on the BSE fell 3.3 %. In the realty space, Anant Raj lost 8 % and Ansal API fell 6.6 %.
The BSE bankex lost 2.9 %. Among the banking stocks, IDBI, Canara Bank and Indian Overseas Bank fell over 4.6 % each. SBI down 3%, ICICI Bank and Axis Bank were down 3.6% each.

The power index dropped 2.6 %. TataPower down 4.7%, Suzlon down 6% and Relinfra down 2.5%, JPHydro down 4.7% and Neyveli were down 3.3%. The capital goods index shed 2.4 %. Bhel down 3.9%, LT down 1.3% and Siemens were down 3.4%.

In the FMCG space, United Spirits, Tata Tea, HUL, United Breweries and ITC slipped 1-4%.

In the Sensex pack RCom was the biggest loser. The stock fell 5.8 % to end at Rs 254. JP Associates, M&M and Maruti lost over 5 % each.
NTPC, Tata Steel and Wipro, however, ended in the positive zone.