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Sensex plunges 285 points; Bharti Airtel, ITC top losers

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Benchmark indices Sensex and Nifty continued to trade in the red on Monday, giving up some of the gains from the previous session despite easing crude oil prices.

At 10:40 hours, the 30-share benchmark index was trading at 72187.14 down by -285.19 points or by -0.39 % and then NSE Nifty was at 22500.55 down by -19.9 points or by -0.09 %.

Sensex touched intraday high of 72884.25 and intraday low of 72156.03 The NSE Nifty touched intraday high of 22651.1 and intraday low of 22472.15

The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 2835.85,+1.57%), Bharat Electronics Ltd. (Rs. 374.00,+1.49%), Trent Ltd. (Rs. 2943.75,+0.81%), Tata Steel Ltd. (Rs. 174.90,+0.75%), InterGlobe Aviation Ltd. (Rs. 4865.40,+0.32%), among others.

The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1465.50,-3.40%), Bharti Airtel Ltd. (Rs. 1768.30,-2.12%), ITC Ltd. (Rs. 261.15,-1.90%), State Bank of India (Rs. 944.75,-1.39%), Hindustan Unilever Ltd. (Rs. 1842.70,-0.98%), among others.

CGS index was at 74498.4 up by 1206.7 points or by 1.65%. Suzlon Energy Ltd. (Rs. 39.30,+4.58%), Siemens Ltd. (Rs. 3708.30,+3.01%), ABB India Ltd. (Rs. 6953.95,+2.62%), Hitachi Energy India Ltd. (Rs. 31409.50,+2.41%), Mazagon Dock Shipbuilders Ltd. (Rs. 2062.40,+2.35%),.

TECk index was at 14426.44 down by -119.96 points or by -0.82%. Mahindra & Mahindra Ltd. (Rs. 1465.50,-3.40%), Bharti Airtel Ltd. (Rs. 1768.30,-2.12%), Vodafone Idea Ltd. (Rs. 12.74,-1.77%), Bharti Hexacom Ltd. (Rs. 1511.30,-1.11%), Coforge Ltd. (Rs. 1853.25,-0.79%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4326 , shares advanced were 2574 while 1493 shares declined and 259 were unchanged.