Mumbai: The Bombay Stock Exchange benchmark index for Indian equities markets closed 283 points lower on Wednesday as investors booked profits after recent rallies. Realty, consumer durables and metal stocks were among the biggest losers.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,490.87 points, closed at 18,145.25 points, down 283.36 points or 1.54 percent from its previous close at 18,428.61 points.
SBI was the main drag on the Sensex, closing a whopping 8.11 percent lower at Rs.2,253, after reports that the lender had agreed to give Rs.1,200 crore in new loans to crisis-hit Kingfisher Airlines.
The 50-scrip S&P CNX Nifty of the National Stock Exchange ended lower at 5,505.35 points, down 101.80 points or 1.82 percent from its previous close.
Broader markets were also in the red, with the BSE 500 index closing 2.41 percent lower. The BSE midcap index was down 3.46 percent while the BSE smallcap index shed 3.24 percent.
Top Gainers:
INFY ruling at 2952.65 points, up 15.50 points
ITC ruling at 208.25 points, up 1.25 points
HDFC Bank ruling at 531.75 points up 0.65 points
Top Losers:
Bajaj Auto ruling at 1800.85 points down 9.90 points
Hero Motoco ruling at 2143.20 points down 2.95 points
Hindalco ruling at 148.20 points down 3.24 points
ICICI Bank ruling at 957.15 points down 33.90 points
HUL ruling at 378.40 points down 3.70 points