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The key index of the Indian equities markets fell sharply Thursday as the government released the Economic Survey for 2008-09. The index fell more than 90 points to move into the red.


Economic Survey Presentation Leads To Fall In Sensex
Last Updated: 2009-07-02T13:14:56+05:30
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Just after 12.30 p.m., the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 14,694.31 points, fell to 14,596.37 points - 49.1 points which is 0.34% below closing figure of Wednesday.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, was ruling in the negative terrain, 0.36% down at 4,325.2 points. 

The broader market indices were still holding up, with the BSE midcap index trading 0.46% higher and the BSE smallcap index moving up 1.18%.

Of the 13 sectoral indices on the BSE, those for telecom, capital goods and IT stocks were losing the most, while PSU, metal and healthcare saw buying interest.

The market breadth was still positive with 1,454 stocks advancing compared to 894 declining. Eighty remained unchanged.

Among gainers on the Sensex at this time are:-

  • ONGC up 7.26% at Rs.1,129
  • Sterlite up 3.59% at Rs.633.15
  • Sun Pharma up 3.5% at Rs.1,157.45
  • Tata Steel up 3.13% at Rs.407.35.

The losers include:-

  • Reliance Communications, down 2.28% at Rs.291.75
  • Tata Motors, down 2.27% at Rs.292.50
  • BHEL, down 2.19% at Rs.2,168.50
  • Bharti Airtel, down 2.13% at Rs.805.25.
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