It was an extremely weak session for equity markets across the globe. Joining the bandwagon were the Indian markets which closed near the lowest point of the day. There was no outperformance by Indian markets and the fall was inline with rest of the Asia. It was the fourth largest single day point fall for Sensex.

The European markets have opened in red CAC was down 1.7%, FTSE down 1.6% and DAX down 1.4%.

Even the midcaps and smallcaps took it on their chin today. It was large scale equity sell off across markets and sectors.

The worst hit index is bankex which has seen a sharp run up in the past few sessions followed by metal, capital goods and power. The sector that is least hit is the IT index on hopes that rupee may not appreciate further against the dollar. The rupee was trading weak at 39.385 against the dollar.

The breadth was extremely negative with eight declines for every one advance.

ICICI Bank, HDFC Bank, Maruti, NTPC, L&T, Hindalco, BHEL, GAIL, HPCL, Tata Power were among the top fronline laggards.

Midcap momentum stocks saw good correction for instance Chambal Fetilisers, Triveni Eng and Essar Oil and Gujarat Narmada, WWIL, Nirma.

Crude saw an all time high of USD 99.20 and is currently USD 98.93 eyeing the USD 100 mark.

On the primary market front, Religare Enterprises got listed on the bourses today at Rs 324 versus its issue price of Rs 185.

Sensex was down 678.18 points or 3.52% at 18602.62, and the Nifty down 219.85 points or 3.80% at 5561.05.

About 767 shares have advanced, 2262 shares declined, and 38 shares are unchanged.

The BSE Midcap Index ended at 8,217.84 down 4.7%.

The BSE Smallcap Index ended at 10,265.23 down 4%.

The BSE Bankex was down 5% at 10,227.71. IOB, Bank of Baroda, Canara Bank, PNB, Axis Bank, ICICI Bank moved downwards.

The BSE Capital Goods Index was down 5% at 19,302.78. Triveni Engg, Alstom Projects, Jyoti Structure, Lakshmi Machine, Suzlon Energy closed lower.

The BSE Auto Index closed at 5,170.85 down 3%. Escorts, TVS Motor, Hind Motors, Exide Industrie, Ashok Leyland closed lower.

The BSE Metal Index closed at 16,253.59 down 6%. Jindal Steel, Mah Seamless, Hindalco, Sterlite Ind closed lower.

The BSE FMCG Index closed at 2,103.82 down 4%. ITC, Dabur India, United Spirits, Godrej Consumer closed lower.

BSE Oil and Gas Index closed at 11,730.99 down 3%. Reliance Natura, IOC, HPCL, Petronet LNG, Essar Oil ended in red.

The BSE IT Index was down 1.7% at 3,987.66. Financial Tech, Tech Mahindra, I-Flex Solution, Wipro, Mphasis closed lower.

The NSE cash turnover was at Rs 18726.96 crore and the NSE F&O turnover was at Rs 70758.86 crore. The BSE cash turnover was Rs 7925.67 crore. Total market wide turnover was at Rs 97411.49 crore.

Markets on a freefall: Sensex down over 700 pts

The freefall for markets continues and the Sensex is down over 750 points and the Nifty is down nearly 250 points. Selling pressure is seen in scrips across sectors.The fall comes inline with rest of the Asia. The European markets have opened in red CAC down 1.7%, FTSE down 1.6% and DAX down 1.4%.

Even the midcaps and smallcaps have taken it on their chin today. It is large scale equity sell off across markets and sectors.

Sensex is down nearly 750 points and Nifty has also seen a sharp triple point correction.

Broader markets are down with BSE midcap index is down over 3.6% and the smallcap index is down 2.8%

The worst hit index is bankex which has seen a sharp run up in the past few sessions followed by metal, capital goods and power. The sector that is least hit is the IT index on hopes that rupee may not appreciate further against the dollar. The rupee was trading weak at 39.385 against the dollar.

The breadth is extremely negative with three declines for every one advance.

HPCL down 6%, ICICI Bank & Suzlon are down over 5%, ABB and VSNL down 4%, Maruti and NTPC are down over 3%.

ICICI Bank, HDFC Bank, Maruti, NTPC, L&T, Hindalco, BHEL, GAIL, HPCL, Tata Power were among the top fronline laggards.

Midcap momentum stocks have seen good correction for instance Chambal Fetilisers is down 10%, Triveni Eng and Essar Oil is down 8% and Gujarat Narmada is down 6%, WWIL is down 7%, Nirma down 6.5%.

IT stocks like TCS and infosys are trading in green along with Reliance Petro and two wheeler major Hero Honda.

Crude saw an all time high of USD 99.20 and is currently USD 98.93 eyeing the USD 100 mark.

Religare Enterprises, Reliance Inds and Reliance Petroleum were among active counters on the NSE.

On the primary market front, Religare Enterprises got listed on the bourses today at Rs 324 versus its issue price of Rs 185. Its trading strong at Rs 568 after slipping from its intra day high of Rs 600. It is one of the most active counters today.

Markets plunge: Sensex, Nifty down nearly 3%

The cut has become sharper in the markets as the Sensex is down nearly 550 points and Nifty is down over 170 points. Selling pressure is seen in scrips across sectors.The fall comes inline with rest of the Asia. The Eurppean markets have opened in red CAC down 1.7%, FTSE down 1.6% and DAX down 1.4%.

Even the midcaps and smallcaps have taken it on their chin today. It is large scale equity sell off across markets and sectors.

Sensex is down nearly 550 points and Nifty has also seen a sharp triple point correction.

At 14.20 hrs IST, the Sensex is down 530.61 points or 2.75% at 18750.19, and the Nifty down 173.75 points or 3.01% at 5607.15.

About 953 shares have advanced, 2056 shares declined, and 58 shares are unchanged.

Broader markets are down with BSE midcap index is down over 3.6% and the smallcap index is down 2.8%

The worst hit index is bankex which has seen a sharp run up in the past few sessions followed by metal, capital goods and power. The sector that is least hit is the IT index on hopes that rupee may not appreciate further against the dollar. The rupee was trading weak at 39.385 against the dollar.

The breadth is extremely negative with three declines for every one advance.

HPCL down 6%, ICICI Bank & Suzlon are down over 5%, ABB and VSNL down 4%, Maruti and NTPC are down over 3%.

ICICI Bank, HDFC Bank, Maruti, NTPC, L&T, Hindalco, BHEL, GAIL, HPCL, Tata Power were among the top fronline laggards.

Midcap momentum stocks have seen good correction for instance Chambal Fetilisers is down 10%, Triveni Eng and Essar Oil is down 8% and Gujarat Narmada is down 6%, WWIL is down 7%, Nirma down 6.5%.

IT stocks like TCS and infosys are trading in green along with Reliance Petro and two wheeler major Hero Honda.

Crude saw an all time high of USD 99.20 and is currently USD 98.93 eyeing the USD 100 mark.

Religare Enterprises, Reliance Inds and Reliance Petroleum were among active counters on the NSE.

On the primary market front, Religare Enterprises got listed on the bourses today at Rs 324 versus its issue price of Rs 185. Its trading strong at Rs 568 after slipping from its intra day high of Rs 600. It is one of the most active counters today.

Markets in deep red: Bank, cap goods, power stks down

The markets continue to trade in deep red without any signs of recovery on account of selling presuure in scrips across sectors.The fall comes inline with rest of the Asia. The Eurppean markets have opened in red CAC down 1.7%, FTSE down 1.6% and DAX down 1.4%.

Even the midcaps and smallcaps have taken it on their chin today. It is large scale equity sell off across markets and sectors.

Sensex is down nearly 450 points and Nifty has also seen a sharp triple point correction.

At 1.31 hrs IST, the Sensex is down 456.51 points or 2.37% at 18824.29, and the Nifty down 131.20 points or 2.27% at 5649.70.

About 994 shares have advanced, 2013 shares declined, and 60 shares are unchanged.

About 1083 shares have advanced, 1916 shares declined, and 68 shares are unchanged.

Broader markets are down with BSE midcap index is down over 2% and the smallcap index is down 1.3%

The worst hit index is bankex which has seen a sharp run up in the past few sessions followed by metal, capital goods and power. The sector that is least hit is the IT index on hopes that rupee may not appreciate further against the dollar. The rupee was trading weak at 39.385 against the dollar.

The breadth is extremely negative with three declines for every one advance.

HPCL down 6%, ICICI Bank & Suzlon are down over 5%, ABB and VSNL down 4%, Maruti and NTPC are down over 3%.

ICICI Bank, HDFC Bank, Maruti, NTPC, L&T, Hindalco, BHEL, GAIL, HPCL, Tata Power were among the top fronline laggards.

Midcap momentum stocks have seen good correction for instance Chambal Fetilisers is down 10%, Triveni Eng and Essar Oil is down 8% and Gujarat Narmada is down 6%, WWIL is down 7%, Nirma down 6.5%.

IT stocks like TCS and infosys are trading in green along with Reliance Petro and two wheeler major Hero Honda.

Crude saw an all time high of USD 99.20 and is currently USD 98.93 eyeing the USD 100 mark.

Religare Enterprises, Reliance Inds and Reliance Petroleum were among active counters on the NSE.

On the primary market front, Religare Enterprises got listed on the bourses today at Rs 324 versus its issue price of Rs 185. Its trading strong at Rs 568 after slipping from its intra day high of Rs 600. It is one of the most active counters today.

Markets trade weak: ICICI Bk, Maruti, NTPC down

The markets are building further on their losses as they have slipped deeper in the red. The fall comes inline with rest of the Asia. Even the midcaps and smallcaps have taken it on their chin today. It is large scale equity sell off across markets and sectors.

Sensex is down over 300 points and Nifty has also seen a sharp triple point correction.

At 12.20 hrs IST, the Sensex was down 342.17 points or 1.77% at 18938.63, and the Nifty down 97.35 points or 1.68% at 5683.55.

About 1013 shares have advanced, 1988 shares declined, and 66 shares are unchanged.

Broader markets are down with BSE midcap index is down over 2% and the smallcap index is down 1.3%

The worst hit index is bankex which has seen a sharp run up in the past few sessions followed by metal, capital goods and power. The sector that is least hit is the IT index on hopes that rupee may not appreciate further against the dollar. The rupee was trading weak at 39.385 against the dollar.

The breadth is extremely negative with four declines for every one advance.

ICICI Bank, HDFC Bank, Maruti, NTPC, L&T, Hindalco, BHEL, GAIL, HPCL, Tata Power were among the top fronline laggards.

Midcap momentum stocks have seen good correction for instance Chambal Fetilisers is down 10%, Essar Oil is down 8% and Gujarat Narmada is down 6%, WWIL is down 7%, Nirma down 6.5%.

Crude saw an all time high of USD 99.20 and is currently USD 98.93 eyeing the USD 100 mark.

Religare Enterprises, Reliance Inds and Reliance Petroleum were among active counters on the NSE.

On the primary market front, Religare Enterprises got listed on the bourses today at Rs 324 versus its issue price of Rs 185. Its trading strong at Rs 568 after slipping from its intra day high of Rs 600. It is one of the most active counters today.

Mkt slips further; bank, cap goods, power stocks down

The markets are still trading weak on acount of heavy selling seen in the early trade. Banking, capital goods, auto, power and oil & gas stocks were trading low, however realty and FMCG stocks were in green.

Midcaps and smallcaps continue to outperform the frontliners. Market breadth on NSE was very thin with over 560 stocks on the advancing side and nearly 540 stocks on the downside. Rupee has weakened little bit and was quoting at 39.37 against USD.

At 11 am, the Sensex is down 283.63 points or 1.47% at 18997.17, and the Nifty down 103.70 points or 1.79% at 5677.20. About 1309 shares have advanced, 1692 shares declined, and 66 shares are unchanged.

Religare Enterprises got listed on the bourses today at Rs 324 versus its issue price of Rs 185. Its trading strong at Rs 568 after slipping from its intra day high of Rs 600. Over 55 lakh shares were already traded on the NSE, making its one of the most active counters today.

Top gainers on the Nifty are ITC at Rs 201.10 up 2.26%, Tata Steel at Rs 876.40 up 1.99% and Suzlon Energy at Rs 2,056.15 up 0.99%.

Top losers on the Nifty are HDFC Bank at Rs 1,583 down 2.9%, Sun Pharma at Rs 1,074.05 down 2.38% and Wipro at Rs 440 down 1.85%.

Religare Enterprises, Reliance Inds and Reliance Petroleum were few most active counters on the NSE.

In the IT space, Wipro, Satyam and Patni were trading weak with over 1.5% cut. HDFC Bank at Rs 1575 down 3.47%, Bank of baroda at Rs 373 down 2.84 and Allahabad bank at Rs 111.30 down 2.07% were the top losers in the banking sector.

Mkts open weak in line with its Asian peers

The markets opened with gap down today on the back of weak cues from the Asian markets. There was heavy selling witnessed across the sectors in the early trade. Religare got listed on the bourses today at Rs 324 versus its issue price of Rs 185.

At 9:56 am, Sensex was down 83 points at 19197 and Nifty was down 26 points at 5754. Major losers in the early trade were ACC, SAIL, NTPC, L&T, Hindalco, Tata Steel, Suzlon, Bharti Airtel, Reliance, Bajaj Auto, Tata Motors, Infosys and SBI.

Asian markets fell today. Hong Kong's Hang Seng tumbled 2.58% or 717.15 points at 27,054.06, Japan's Nikkei fell 1.29% or 196.09 points at 15,015.43, Singapore's Straits Times slipped 1.29% or 44.52 points at 3,393.75, Taiwan's Taiwan Weighted dropped 0.38% or 33.25 points at 8,647.61 and South Korea's Seoul Composite plunged 1.19% pr 22.23 points at 1,850.01.

US markets: The Dow Jones industrial average gained 51.70 points, or 0.04%, to 13,010.14. The Standard & Poor's 500 index advanced 6.43 points, or 0.45%, to 1,439.70, and the Nasdaq composite index surged 3.43 points, or 0.13%, to 2,596.81.