Sensex, Nifty down 2% on global woes

The F&O week saw some range-bound choppiness. Fears of a slower global recovery got re-ignited this week. Existing home sales in the US fell to their lowest level in 15 years, sending US markets lower, dragging the global markets lower. Despite strong roll-overs to the September series, Nifty failed to sustain at support of 5,450 levels. Finally, both the Nifty and Sensex fell by 2.2%.



Sensex intra-week high of 18,454 and low of 17,944

Nifty intra-week high of 5,549 and low of 5,391

Sensex top gainers: The top gainers in the Sensex were Oil & Natural Gas (up 4.7%), Bharti Airtel (up 1.9%), NTPC (up 1.7%), State Bank Ind (up 0.3%) and Acc (up 0.1%)

Sensex top Losers: The top losers in the Sensex were Hindalco Inds (down 8.1%), Reliance Infra (down 8.1%), DLF (down 8.1%), Hero Honda Motor (down 6.8%) and HDFC Bank (down 4.1%),

The BSE IT Index (down 2%):The top losers in the IT sector were Mahindra Satyam (down 4.8%), Sasken Communication (down 4.1%), Wipro (down 3.6%), Financial Tech (down 2.2%) and Infosys Tech (down 2.2%).

The top gainers were Mphasis (up 2.6%) and Patni Computer (up 1.9%).

The BSE Consumer Index: The top losers in the Consumer Durables were Mirc Electronics (down 8.7%), Su-Raj Diamonds (down 5.5%), Blue Star (down 5.2%) and Samtel Color (down 3.4%).

The top gainers were Videocon Industries (up 7.3%) and Titan Inds (up 4.2%).

The BSE Healthcare Index (down 1.3%):The top losers in the Pharma were Wockhardt (down 11.8%), Glaxosmithkline (down 7.1%), Morepen Labs (down 6.4%), Aurobindo Pharma (down 6.2%) and Strides Arcolab (down 5.8%).

The top gainers in the Pharma space were Natco Pharma (up 17.5%), Suven Life Science (up 3.6%), Glenmark Pharma (up 3.3%), Ipca Labs (up 0.5%) and Astrazeneca Pharma (up 0.5%).

The BSE Banking Index (down 2.5%):The top losers in the banking space were IOB (down 6.6%), Andhra Bank (down 5.4%), Canara Bank (down 5%), Union Bank of India (down 4.5%) and HDFC Bank (down 4.1%).

SBI edged higher by 0.3% during the week.

The BSE Auto Index (down 1.9%):The top losers in the auto space were Hero Honda (down 6.8%), Hindustan Motors (down 4.7%), Tata Motors (down 2.4%), Swaraj Mazda (down 2.4%) and Maruti Suzuki In (down 1.7%).

The top gainers in the auto space were Eicher Motors (up 14.2%) and Ashok Leyland (up 3.1%).

The BSE Oil & Gas Index (down 1.1%): The top gainers in the oil & gas space were Jindal Drilling (up 12.9%), BPCL (up 11.1%), ONGC (up 4.7%), IOC (up 4.5%) and HPCL (up 4.2%).

The top losers were Great Offshore (down 6.5%), Hindustan Oil (down 6.1%), Gujarat NRE Coke (down 6.1%), Chennai Petroleum (down 5.6%) and MRPL (down 4.5%).

The BSE Capital Goods Index (down 1.1%):The top losers in the Capital Goods were Carborundum Universal (down 6.2%), Aban Offshore (down 6.1%), BEL (down 5.8%), Elgi Equipments (down 4.5%) and Ingersoll Rand (down 4.1%).

The top gainers in the Capital Goods space were Crompton Greaves (up 4.6%), Greaves Cotton (up 4.5%), Siemens India (up 1.1%) and BHEL (up 0.1%).

The Cement Sector: The top losers in the cement sector were Gujarat Sidhee (down 7.7%), Prism Cement (down 7.6%), Mangalam Cement (down 6%), Binani Indus (down 5%) and Shree Cement (down 3.7%).

The Telecom Sector: The top losers in the telecom sector were Himachal Futuristic (down 8%), Gemini Comm (down 6.7%), WWIL (down 4.5%), Tata Teleservice (down 4.2%) and MTNL (down 3.9%).

Bharti Airtel advanced 1.9% during the week.

The Realty Sector (down 8.5%): The top losers in the Realty sector were Sobha Developers (down 12.6%), HDIL (down 11.3%), Unitech (down 9.5%), DLF (down 8.1%) and Anant Raj Indus (down 8.1%).

The Metals sector (down 3.3%): The top losers in the metals sector were Tata Metaliks (down 4.2%), Lloyds Metals (down 3.7%), Bhuwalka Steel (down 3.6%), SAIL (down 3.6%) and Jindal Stainless (down 3%).

Ispat Industries gained 4.5% during the week.