Manic Monday: Sensex sheds 368 pts

Mumbai: The markets plunged on account of heavy selling in scrips across sectors. The fall was in line with Asian peers. It was the biggest single-day loss for Sensex and Nifty since July 17.

The Sensex closed at 11,550.69 down 368 points. The Nifty lost 105 points to close at 3,366.

The BSE Small Cap Index lost 3.4 per cent to close at 5,829.30.

The BSE Midcap Index lost 3.4 per cent to close at 4,871.46.

All the BSE sectoral indices closed in the negative terrain.

The BSE Metal Index slipped 5.7 per cent at 8,137.41. Hind Zinc, Sterlite Ind, Jindal Steel, Nalco and Tata Steel witnessed heavy selling.

The BSE Auto Index lost 3.67 per cent at 5,016.08. Hind Motors, TVS Motor, Escorts, Cummins, Tata Motors and Punj Tractors slipped on the bourses

The BSE Capital Goods Index was lost 3.4 per cent at 7,807.56. Gammon India, Bharat Elec, HEG, Alstom Projects and Ingersoll Rand closed lower.

The BSE Bankex was down 2.55 per cent at 5,225.37. Federal Bank, IOB, Canara Bank, Karnataka Bank, Union Bank and Bank of India moved downwards.

The BSE Oil and Gas Index lost 2.7 per cent at 5,589.59. Chennai Petro, MRPL, Reliance, GAIL and Petronet LNG slipped.

The BSE FMCG lost 4 per cent to close at 1,956.36. Shaw Wallace, Tata Tea, HLL, Dabur India and Colgate closed in negative terrain.

The BSE Health Care Index lost 3.8 per cent to close at 3,495.27. Orchid Chemical, Aurobindo Pharma, Nicholas Pirama, Wockhardt and Apollo Hospital closed in negative terrain.

The BSE IT Index lost 3.2 per cent to close at 4,138.27. HCL Info, Mphasis BFL, TCS, Infosys and Hexaware Tech closed in red.

The NSE cash turnover was at Rs 7175.19 crore and the NSE F&O turnover was at Rs 28,936.99 crore. The BSE cash turnover was Rs 3,392.8 crore. Total market wide turnover was at Rs 39,504.98 crore.

Markets Today:

• Biggest Single-day loss for Sensex, Nifty since July 17
• Sensex down 3.09 per cent or 367.96 points at 11,550.69
• Nifty down 3.03 per cent or 105.30 points at 3,366.15
• All BSE sectoral indices end in the red, down over 2.5 per cent each
• BSE Metal Index down 5 per cent; Hind Zinc down 8.9 per cent, Sterlite down 7.7 per cent, Tata Steel down 5.3 per cent
• BSE FMCG Index down 3.6 per cent; HLL down 4.5 per cent; ITC down 3.3 per cent
• BSE Oil & Gas Index down 3 per cent; RIL down 3.7 per cent, ONGC down 1.7 per cent
• BSE Healthcare, Cap Goods, Auto, IT Indices down nearly 3 per cent each
• CNX Midcap Index down 3.33 per cent or 150 points at 4354.60; led by reality stocks
• Bombay Dyeing down 8.1 per cent, Century Textile down 6.4 per cent
• BSE Small Cap Index down 3.15 per cent at 5,841.47
• LML down 19.8 per cent; referred to BIFR
• NSE Advance Decline ratio at 1:8
• Total Market Turnover at Rs 39,504.98 cr, Futures and Options at Rs 28,936.99 Cr