Business IdeasSensex dips below 15K
The Sensex is at its day"s low of 14,999 - down 411 points. The Nifty is down 129 points at 4,459.
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The Realty, metal and auto indices have slipped 3-4% each.
Hero Honda has slumped 5.5% to Rs 1,396. Hindalco and Sterlite have tumbled 4.5% each to Rs 103 and Rs 634, respectively. DLF has dropped 4% to Rs 379.
Tata Steel, Reliance Communications, Mahindra & Mahindra, ICICI Bank and Jaiprakash Associates have shed 3.5% each.
Reliance Infrastructure, ACC, Sun Pharma and Maruti Suzuki have dipped 3% each to Rs 1,147, Rs 805, Rs 1,187 and Rs 1,307, respectively.
ITC, Larsen & Toubro, Reliance, Tata Motors, TCS, ONGC, Infosys, SBI, Grasim, Hindustan Unilever and HDFC Bank have dropped 1-3% each.
Among the Nifty stocks Reliance Capital, Cairn India, Jindal Steel and SAIL have declined 4% each.
However, Tata Power has rebounded and is now up 1% at Rs 1,298.
Tata Communications and BPCL have gained around 1% each to Rs 508 and Rs 528, respectively.
The market breadth continues to be fairly negative. Out of 2,352 stocks traded 62% have declined while 35% have advanced.