Sensex Extends Losses; IT Up 2%
The Sensex continued its negative journey in today’s session (Sep 17) because of heavy selling activity seen across FMCG, metal and banking stocks, while selective buying action was witnessed in IT, auto and real estate segments.
Today, the 30-share index, BSE Sensex opened at 13,620.74, up 101.94 points, as against its last closure at 13,518.80, down 12.47 points on Tuesday (Sep 16).
At 11:04 a.m., the BSE Sensex stood at 13,386.26, down 132.54 points, after hitting a high of 13,620.74 and a low of 13,329.98.
In the meantime, the broad based Nifty lost 32.20 points at 4,042.70, after touching a high of 4,116.70 and a low of 4,023.00. (11.04 a.m.)
The total breadth of the market was mixed as it saw 1,058 progressions, as against 986 declinations.
The major gainers’ in the 30-share index included Infosys Technologies, which gained 3.81%, Tata Motors profited 2.17%, Satyam Computer Services zoomed 2.15%, Oil & Natural Gas Corporation surged 1.71%, Wipro lifted 1.34%, and Mahindra & Mahindra profited 1.10%.
On the other hand, the biggest losers in the Sensex were Ranbaxy Laboratories, which lost 7.65%, ICICI Bank dipped 4.73%, Sterlite Industries (India) declined 4.23%, ITC slashed 3.86%, Tata Steel plummeted 3.69%, and Reliance Industries slipped 2.28%.