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Sensex plunges by 235 points

Sensex plunges by 235 points

Tuesday, August 7, 2007 | AY
Mumbai, Aug 6 (ANI): Opening with a huge negative gap of 245 points, the Sensex shed 435 points as soon as it opened today and ended 235 points less than yesterday's close. A cue from weak global markets and selling spree by the funds resulted in the Bombay Stock Exchange (BSE) closing at 14,903 mark.BSE midcap and BSE smallcap index also plunged by 52 and 48 points respectively.Hindalco, ICICI Bank, Maruti, Reliance Communications and Larsen & Toubro tumbled around 3 per cent each to Rs 157, Rs 888, Rs 825, Rs 532 and Rs 2,449, respectively.Infosys and Wipro plunged 2.7 per cent each to Rs 1,867 and Rs 458, respectively.ACC and HDFC dropped nearly 2.5 per cent each to Rs 979 and Rs 1,942, respectively.Hindustan Unilever, Satyam, Grasim, BHEL and Ambuja Cements slipped over 2 per cent each to Rs 200, Rs 462, Rs 2,897, Rs 1,684 and Rs 126, respectively.ONGC, HDFC Bank, NTPC, Cipla, Reliance, Bharti Airtel and Reliance Energy also declined. However, the SBI soared nearly by 3 per cent to Rs 1,682. ITC surged 1.8 per cent to Rs 172. Ranbaxy was up 1 per cent at Rs 370. (ANI)

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