The benchmark BSE Sensex declined by 271 points on Monday, extending losses for a second consecutive session amid selling pressure in IT and banking stocks, coupled with a weak global market sentiment following Moody's downgrade of the US credit rating.
The 30-share benchmark index ended at 82059.42 down by -271.17 points or by -0.33 % and then NSE Nifty was at 24945.45 down by -74.35 points or by -0.3 %.
Sensex touched intraday high of 82424.1 and intraday low of 81964.57 The NSE Nifty touched intraday high of 25062.95 and intraday low of 24916.65
The top gainers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 304.10,+1.27%), Bajaj Finance Ltd. (Rs. 9254.40,+0.95%), NTPC Ltd. (Rs. 345.15,+0.58%), State Bank of India (Rs. 794.90,+0.39%), HDFC Bank Ltd. (Rs. 1938.70,+0.26%), among others.
The top losers of the BSE Sensex pack were Eternal Ltd. (Rs. 238.00,-3.15%), Infosys Ltd. (Rs. 1559.15,-1.92%), Tata Consultancy Services Ltd. (Rs. 3519.20,-1.23%), Mahindra & Mahindra Ltd. (Rs. 1597.00,-1.19%), Reliance Industries Ltd. (Rs. 1441.65,-1.03%), among others.
Realty index was at 7233.29 up by 157.39 points or by 2.22%. Oberoi Realty Ltd. (Rs. 1734.45,+3.52%), Phoenix Mills Ltd. (Rs. 1606.45,+3.52%), DLF Ltd. (Rs. 737.40,+3.00%), Godrej Industries Ltd. (Rs. 2230.00,+2.43%), Macrotech Developers Ltd. (Rs. 1420.00,+1.81%),.
_IT index was at 36938.23 down by -459.15 points or by -1.23%. Onward Technologies Ltd. (Rs. 296.45,-5.24%), Zaggle Prepaid Ocean Services Ltd. (Rs. 426.50,-2.92%), MphasiS Ltd. (Rs. 2535.00,-2.50%), C.E. Info Systems Ltd. (Rs. 2050.00,-2.43%), Sonata Software Ltd. (Rs. 389.15,-2.21%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4472 , shares advanced were 2649 while 1627 shares declined and 196 were unchanged.