Wed, Apr 04, 2013 at 09:30 AM
Markets opened gap down, amid weak global cues.
Markets have opened gap down due to heavy sellings in financial and capital goods sector following weak global cues. Sensex opened gap down by 70.26 points or 0.37% at 18,731.38 is current at 18,619.88 down by 181.76 points or 0.97% while Nifty opened down by 32.25 points or 0.57% at 5,640.65 is current at 5,618.35 down by 54.55 points or 0.96%.
Sector wise, Realty index fell down by 1.70%, Bankex, Consumer Durables, Capital Goods, Metal, Oil & Gas and IT indices fell down between 1%-1.40%. In broader markets, Mid-cap and Small-cap indices fell down by 1% each.
Major stock movers were, ICICI Bank Limited, HDFC Bank Limited, State Bank of India and HDFC dropped between 1%-2% each, BHEL and Larsen & Toubro down by 1.80% and 1.30%.
Maharashtra Seamless up by 3.5%, after company announced that its board will consider share buyback proposal in the boards meeting to be held on 8th April 2013.
Overall market breadth is firm weak with 825 shares declining compared to 390 shares advancing.
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