The Bombay Stock Exchange’s Sensex closed at 18,174.09, lower by 153.89 points or 0.84% from the previous close. National Stock Exchange’s Nifty ended at 5,445.45, down 48.95 points or 0.89%.
Even the sectoral picture was bleak as only two indices - BSE Oil & Gas index (0.81%) and BSE FMCG (0.03%) - closed with some gains. On the other side of the spectrum, BSE Metal index (--1.91%), BSE IT index (-1.49%), BSE Power index (-1.49%) and BSE Capital Goods index (-1.42%) were the biggest losers.
The only stocks that managed gains on the Sensex were ONGC (2.14%), Reliance Industries (0.73%), Tata Power (0.55%), HUL (0.42%) and ITC (0.15%). India's largest oil exploration firm by market capitalisation ONGC reported that its upcoming Rs 14,000 crore follow-on-public offer (FPO) may be postponed until May or June 2011.
BHEL (-3.64%), RCom (-3.46%), Reliance Infra (-3.19%), Sterlite Ind (-3.06%), JP Associates (-2.9%) were the biggest losers in trade today.
Even the sectoral picture was bleak as only two indices - BSE Oil & Gas index (0.81%) and BSE FMCG (0.03%) - closed with some gains. On the other side of the spectrum, BSE Metal index (--1.91%), BSE IT index (-1.49%), BSE Power index (-1.49%) and BSE Capital Goods index (-1.42%) were the biggest losers.
The only stocks that managed gains on the Sensex were ONGC (2.14%), Reliance Industries (0.73%), Tata Power (0.55%), HUL (0.42%) and ITC (0.15%). India's largest oil exploration firm by market capitalisation ONGC reported that its upcoming Rs 14,000 crore follow-on-public offer (FPO) may be postponed until May or June 2011.
BHEL (-3.64%), RCom (-3.46%), Reliance Infra (-3.19%), Sterlite Ind (-3.06%), JP Associates (-2.9%) were the biggest losers in trade today.
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