The market today opens in the deep negative territory backed by the some unfavouring cues from the global markets. The strong selling witnessed across the board in the morning trade. The Capital Goods, Realty, Metal and Bank are the hardest hit sectors in the opening bell. The heavy selling also witnessed in the Mid Cap and Small Cap stocks. The overall market breadth is negative as 181 stocks are advancing whereas 1,883 stocks are declining on BSE.
The market will remain closed from 11:45 IST to 12:25 IST due to sun outage. Trading time has been extended till 16:15 IST. The changes in timings will be applicable to 18 March 2008.
At 10.32AM, the BSE Sensex was down by 470.41 points at 15,505.11 and the Nifty was down by 112 points to 4,660.The BSE Mid Cap decreased by 328.90 points to 6,475.49 and the BSE Small Cap slipped by 474.23 points to 7,934.95.
Mahindra & Mahindra reported the top gainer from the BSE Sensex pack. It was up by (1.54%) at Rs.676.05 while L&T reported the top loser declined by (12.09%) at Rs.2,627.
BSE Metal index dropped by 416.08 points to trade at 15,037.52. The top losers are Hindalco Industries declined by (4.06%) to Rs.189, NALCO decreased by (4.03%) at Rs.452 followed by SAIL and Sterlite Industries down by (2.16%) and (1.72%) to Rs.227 and Rs.744 respectively.
BSE Capital Goods index slipped by 978.91 points to trade at 13,046.21. The major losers are L&T, BHEL, Siemens and ABB fell by (10.72%), (9.24%), (7.15%) and (3.75%) to Rs.2,666, Rs.1,837, Rs.636 and Rs.1,027 respectively.
The market will remain closed from 11:45 IST to 12:25 IST due to sun outage. Trading time has been extended till 16:15 IST. The changes in timings will be applicable to 18 March 2008.
At 10.32AM, the BSE Sensex was down by 470.41 points at 15,505.11 and the Nifty was down by 112 points to 4,660.The BSE Mid Cap decreased by 328.90 points to 6,475.49 and the BSE Small Cap slipped by 474.23 points to 7,934.95.
Mahindra & Mahindra reported the top gainer from the BSE Sensex pack. It was up by (1.54%) at Rs.676.05 while L&T reported the top loser declined by (12.09%) at Rs.2,627.
BSE Metal index dropped by 416.08 points to trade at 15,037.52. The top losers are Hindalco Industries declined by (4.06%) to Rs.189, NALCO decreased by (4.03%) at Rs.452 followed by SAIL and Sterlite Industries down by (2.16%) and (1.72%) to Rs.227 and Rs.744 respectively.
BSE Capital Goods index slipped by 978.91 points to trade at 13,046.21. The major losers are L&T, BHEL, Siemens and ABB fell by (10.72%), (9.24%), (7.15%) and (3.75%) to Rs.2,666, Rs.1,837, Rs.636 and Rs.1,027 respectively.
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