Sensex ends down 151 points

Sensex ends down 151 points
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First Published: Thu, Sep 04 2008. 04 14 PM IST
Updated: Thu, Sep 04 2008. 04 14 PM IST
Livemint.com
New Delhi: The markets ended weak after a choppy session with the BSE benchmark index ending down 151 points at 14,899 levels.
The Sensex moved in a broad range of 14,766 – 14,994 levels ahead of weekly inflation data due later in the day. Similarly, the wider-based Nifty shed 56 points to close at 4,448 levels.
Analysts said reports of subdued trends in global markets dampened trading sentiment.
In other Asian markets, Nikkei 225 index shed 1.04% to 12,558 levels, its lowest close since 24 March.
Taiwan’s market led the region’s declines as the main index fell 2.6% following lower-than-expected Q2 results from technology firms earlier this week.
Back home, realty counters witnessed heavy selling pressure with Indiabulls Real Estate shedding 10.2% or Rs33. Unitech Limited, HDIL, Peninsula Land, Anant Raj Industries, Parsvnath Developers, Omaxe Limited and DLF Limited were the other key losers in this pack.
Profit booking was also visible in select FMCG scrips. Hindustan Unilever and ITC Limited lost over 2% each. Nestle India, Godrej Industries, United Spirits, Godrej Consumer, Colgate Palmolive and Dabur India also ended weak.
Among the Sensex scrips, Reliance Industries, HDFC Bank, ONGC, Reliance Infra, Maruti Suzuki, NTPC and HDFC were the top losers.
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First Published: Thu, Sep 04 2008. 04 14 PM IST
More Topics: Markets | Stocks | Sensex | Nifty | BSE |