Biggest Downfall of Sensex – Day Thursday 24-10-2008

The Sensex dipped below the 9000-mark to a low of 8941, and is now down 700 points at 9071. Hindalco has crashed 18.5% to Rs 43

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Today

Hindalco has crashed 18.5% to Rs 43. Mahindra & Mahindra has tumbled 14% to Rs 295.

Tata Motors and Tata Steel have plunged 12% each to Rs 172 and Rs 184, respectively. Sterlite has slumped 11% to Rs 218.

Ranbaxy, Reliance Infrastructure and ONGC have shed around 10% each at Rs 207, Rs 404 and Rs 700, respectively.

ITC and DLF have dropped around 9% each to Rs 153 and Rs 245, respectively.

SBI, Reliance Communications and Tata Power have slipped around 8.5% each to Rs 1,210, Rs 211 and Rs 667, respectively.

HDFC, Bharti Airtel and HDFC Bank are down around 7.5% each at Rs 1,625, Rs 570 and Rs 993, respectively.

The market breadth is extremely negative – out of 2,388 stocks traded so far, 2,008 have declined, 325 have advanced and the rest are unchanged.

Filed under: India, Sensex , Sensex, Sensex 2008, Sensex 24-10-2008, Today Economy