Mkt sees one of its worst close: REPL slips 17 pc on Day1

New Delhi; It was yet another weak and extremely disappointing day for the markets.

The markets opened with huge gap down on the back of disappointing listing of much awaited Reliance Power coupled with weak cues from the global markets.

Sensex and Nifty traded under deep pressure for most part of the day and ended with substantial losses.

Reliance Power ended with sharp cut of over 17 per cent on its maiden trading day.

It got listed at Rs 430 on Monday against its issue price of Rs 450. All the key BSE indices ended deep in red led by oil & gas, metal, power, realty and bankex.

Market breadth was extremely poor with low volume. IT stocks were the star performer's on Monday’s trade and the leading counters could manage to hold in green.

Sensex ended down 833.98 points or 4.78 per cent at 16630.91, and the Nifty was down 263.35 points or 5.14 per cent at 4857. On BSE, about 352 shares advanced, 2610 shares declined, and 49 shares were unchanged.

BSE midcap ended down 5.71 per cent at 7197.06 and smallcap closed down 4.92 per cent at 9431.85.

BSE auto index ended down 3.85 per cent at 4558.93. Punjab Tractors, Escorts and Apollo Tyres were the top losers.

BSE bankex closed down 4.31per cent at 9721.67. Kotak Mahindra, Centurion Bank, SBI were the top losers.

BSE capital good index closed down 5.08 per cent at 15052.70. Greaves Cotton, Kirloskar Bros and LMW were the top losers.

BSE FMCG index ended down 5.88 per cent at 2047.18. HUL, Bata India and Dabur were the top losers.

BSE pharma index ended down 3.25 per cent at 3515.61. Orchid Chemical, Sterling Bio and Ranbaxy Labs were the top losers.

BSE IT index up 0.10 per cent at 3847.24. Patni Comp, Tech mahindra and Financial Tech were the top losers.

BSE metal index ended down 6.63 per cent at 14112.22. Jindal Steel, Maharasthra Seamless and Ispat Industries were the top losers.

BSE oil & gas index ended down 7.67 per cent at 9822.40. Reliance natural, Essar Oil and GAIL were the top losers.

BSE power index closed down 9.52 per cent at 3380.60. Reliance Energy, Torrent Power and Tata Power were the top losers.

BSE realty index closed down 6.52 per cent at 9145.78. HDIL, Ansal Properties and Phoenix Mills were the top losers in this space.

Turnover Today:

• NSE Cash - Rs 19708.73 cr.
• NSE F&O - Rs 41257.27 cr.
• BSE Cash - Rs 7659.43 cr.
• Total - Rs 68625.53 cr.

(With moneycontrol.com inputs)