BSE Sensex falls, Metal, Realty & IT sectors hit

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sensex_losesJuly 6, Mumbai: The BSE Sensex falls 0.6 percent, while the Nifty declines 0.6 percent, led by software service exporters after monetary easing in China, the euro zone and Britain signal alarm about the global economy.Technology, oil & gas, metals and infrastructure stocks were under pressure.

The 30-share benchmark index, BSE Sensex opened flat with a rise of 7.37 points or 0.04% at 17,546.04, while the broad based NSE Nifty started with a fall of 2.60 points or 0.05%, at 5,324.70.

Infosys contributed fall of 18.76 points in the Sensex. It was followed by Reliance Industries (15.42 points), Oil & Natural Gas Corporation (9.04 points), Larsen & Toubro (8.55 points) and Tata Consultancy Services (6.5 points).

However, Hindustan Unilever contributed rise of 5.28 points in the Sensex. It was followed by Tata Motors (4.75 points), Housing Development Finance Corporation (3.72 points), Mahindra & Mahindra (3.33 points) and Grasim Industries (1.8 points).

Major gainers in the 30-share index were Hindustan Unilever (0.91%), Tata Motors (0.88%), Mahindra & Mahindra (0.86%), and Housing Development Finance Corporation (0.33%).

On the other hand, Jindal Steel & Power (3.20%), Wipro (1.67%), Hindalco Industries (1.56%), Sterlite Industries (India) (1.46%), G A I L (India) (1.41%), and Tata Steel (1.33%) were the major losers in the Sensex.

H C L Technologies topped the value chart on the BSE with a turnover of Rs. 248.83 million. It was followed by Jindal South West Holdings (Rs. 219.67 million), State Bank Of India (Rs. 154.49 million) and Jain Irrigation Systems (Rs. 144.76 million).

The volume chart was led by Prraneta Industries with trades of over 3.54 million shares. It was followed by Shree Ashtavinayak Cine Vision (2.09 million), Lanco Infratech (1.82 million) and Jain Irrigation Systems (1.58 million).

The Metal index was at 10,980.86, down by 141.73 points or by 1.27%. The major losers were Jindal Steel & Power (3.2%), Hindalco Industries (1.56%), JSW Steel (1.54%), Bhushan Steel (1.39%) and Coal India (0.46%).

The Realty index was at 1,745.94, down by 19.86 points or by 1.12%. The major losers were Indiabulls Real Estate (2.17%), Housing Development and Infrastructure (1.65%), D L F (1.65%), Oberoi Realty (0.31%) and Parsvnath Developers (0.25%).

The IT index was at 5,638.43, down by 61.62 points or by 1.08%. The major losers were Hexaware Technologies (2.65%), Mphasis (1.54%), H C L Technologies (1.43%), Infosys (1.3%) and Oracle Financial Services Software (0.66%).

On the other hand, the Auto index was at 9,545.80, up by 15.28 points or by 0.16%. The major gainers were Tata Motors (0.88%), Mahindra & Mahindra (0.86%) and Cummins India (0.46%).

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Posted by on Friday, July 6th, 2012. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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