The sell-off around the world has left an impression on our markets. The unsatisfactory U.S. payroll data had rattled Wall Street on Friday and this in turn has had a domino effect in our markets this morning. The Sensex has slipped below 17k mark and is now quoted at 16 751, weaker at 361 points and Nifty is 5021, lower by 111 points. The mid-cap and small-cap sector has shed nearly 2% each in 6773 and 8487, in that order.
All sectors indices has predictably opened in red, high-beta metal Realty and bank card bluk of pounds.
The leading losers on the Sensex are Hindalco (attenuated by 5.1% at R 140), animal DLF (4.6% at Rs 268) and Ster Lite (lost 4% to Rs 622). Tata Motors, Tata Steel and Reliance Infra are the other major losers. And the index heavyweight RIL has shed 2.1% at Rs 1009th
Reliance Communications (higher by 2.7% at Rs 172) and ONGC (higher by 0.4% at Rs 1194) are the only winners among Sensex-50 pack.
The market breadth has collapsed completely. Out of 2243 shares traded on the BSE 473, advancing shares from the 1719 autumn.
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