Mkts slide again, Sensex below 10,300

Mumbai: The markets saw a sharp fall due to heavy indiscriminate selling in scrips across sectors. The markets across the globe have seen weakness but the Indian markets have taken a harder knock as compared to its Asian peers.

The massive fall can be attributed to the geopolitical concerns and rising crude oil prices.

The Sensex closed below the 10300 mark and the Nifty just above the 3000 mark. It was the biggest single-day loss for Sensex since June 13. On the macroeconomic front, the rupee has slipped to 37 month low of 46.58/$.

The Sensex finally closed at 10,293.22 down by whooping 385 points.

The Nifty closed at 3008 down 116 points.

The BSE Small Cap Index closed at 5,175.91, down 115.19 points.

The BSE Midcap Index ended at 4,265.94, down 88.14 points.

All the BSE sectoral indices closed in red. Among the major laggards were auto, oil and gas, metal and capital goods.

Markets today:

• Biggest single-day loss for Sensex since June 13 amid geopolitical tensions
• Rupee hits new 37 month low at Rs 46.63
• Sensex down 385 points or 3.6 per cent at 10,293.22
• Nifty down 3.7 per cent or 115.80 points at 3007.55; slips below 3,000 intra-day
• All BSE Sectoral Indices end in the red
• BSE Auto Index down 4.4 per cent; Tata Mot down 5.8 per cent, Maruti down 5.1 per cent
• BSE Oil & Gas Index down 4 per cent; ONGC slides 7.1 per cent, RIL down 3.1 per cent
• BSE Metal Index down 3.8 per cent; Sterlite down 5.4 per cent, Hindalco down 4.5 per cent
• CNX Midcap Index down 2.4 per cent, BSE Small-cap Index down 2.2 per cent
• NSE Advance-Decline ratio at 1:5
• Total market turnover at Rs 28716.67 cr Vs Rs 31134.63 cr on Friday

The Auto index closed at 4,341.63 down 4.38 per cent. M&M, Escorts, Tata Motors, TVS Motor, Ashok Leyland and Cummins closed lower.

The BSE Oil and Gas Index closed down 3.96 per cent at 5,061.43. ONGC, GAIL, IOC and Petronet LNG were among the losers.

The BSE Metal Index was down 3.85 per cent at 7,989.19. Sterlite Ind, Sesa Goa, Hindalco, SAIL and JSW Steel witnessed selling pressure.

The BSE Capital Goods Index down 3.2 per cent at 6,722.01. Bharat Elec, Aban LoydChiles, Gammon India, Siemens and Praj Industries closed lower.

The BSE FMCG Index was down 2.97 per cent at 1,906.91. Colgate, Shaw Wallace, HLL and Britannia closed in red

The BSE IT Index was down 2.9 per cent at 3,820.38. Satyam, I-Flex Solution, HCL Info and Patni Computer moved down.

The BSE Health care index was down 2.86 per cent at 3,029.06. Dr Reddys Labs, Ranbaxy Labs, Cipla, Lupin and Sun Pharma slipped.

The BSE Bankex was down 2.8 per cent at 4,144.62. Bank of India, SBI, Oriental Bank, UTI Bank and PNB were among the losers.

The BSE Consumer Durables Index lost 2.25 per cent at 2,692.96. Titan Industries, Blue Star and Su-Raj Diamonds lost ground

The NSE cash turnover was at Rs 5015.46 crore and the NSE F&O turnover was at Rs 21283.04 crore. The BSE cash turnover was Rs 2418.17 crore. Total market wide turnover was at Rs 28716.673 crore.