Sensex slides to 17102

Today's major news

Turner to buy NDTV Imagine; the stock surged 7.90% in the day.

Infosys Technologies selected by Walmart for multi-year contract; the stock ends the day 0.25% higher.

Emami may join the race to acquire UK's Simple; the stock rises 1.18%.

Asahi Infrastructure bags order of Rs7.66 crore; the stock closed the day 1.00% higher.

Reliance Infrastructure bags Rs1,725 crore road project, the stock jumps 0.77%

Click here for more stories

Post-market summary

Global signals

Like most of the Asian indices, European indices also opened in red and could not recover from their morning losses. At the time of writing this report FTSE 100 was down by 0.65%.

Among major Asian indices Kospi, Shanghai Composite and Nikkei closed in green while Hang Seng, Straits Times closed with losses. Nikkei closed above 10,000 for first time in five weeks. SGX Nifty ended 4 points lower.

US stock futures opened flat as investors eagerly waited for monthly job figures to be out today.

Indian indices

On mixed leads from global markets, Indian indices opened in red, turned green for a while only to slip in red for the rest of the session. The Sensex opened marginally lower by 3 points. Witnessing a swing of 260 points the Sensex’ day high was 17292 and the day’s low was 17033 At closing bell the Sensex was at 17102, 84 points lower. Nifty closed 23 points lower at 5109.

Sensex sentiment

The market breadth was marginally negative. of the 2,867 stocks traded on the BSE, 1,435 stocks declined, whereas 1,372 stocks advanced. Sixty stocks closed unchanged.

Sectoral & stock screening

Out of the 13 sector indices on the BSE, six indices closed in green while seven indices closed in red. Among gainers BSE HC surged the most with gains of 1.24% followed by BSE TECk that rose 0.37% for the day. Among losers BSE Auto slid the most by 1.47% followed by BSE Bankex that fell by 1.18%

On stocks’ front, Essar Oil surged the most by 7.90% followed by Biocon that rose by 6.84% and Fortis Healthcare that rose by 5.98%. Among losers, Jain Irrigation slid the most by 4.92%, followed by Exide Industries that fell by 4.31% and Jet Air that shed 4.79%.

Viewing volumes

On stock turnover front, over 1.11 crore shares of Unitech changed hands on BSE followed by Suzlon Energy (1.07 crore shares), GVK Power & Infrastructure (0.81 crore shares), IFCI (0.71 crore shares) and Essar Oil (0.60 crore shares).