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Markets slip in last hour of trade; Nifty back to sub 5K levels

September 23rd, 2009

Heavy selling in the last one hour of trade has dragged the stock markets down. The Nifty is back to sub-5K levels. It slipped 50.25 points to close at 4969.95. The BSE Sensex is down by 166.93 points and closed at 16719.50.
Nifty toppers of the day are GAIL, Power Grid (both up over 2%), HDFC Bank, Ranbaxy, Axis Bank (all above 1%), Sterlite, ONGC, Sun Pharma, PNB and Reliance (marginally in the green). Amongst the Nifty losing stocks are Suzlon (down 6.3%), Bharti Airtel, Unitech, Reliance Capital and Reliance Communications (down over 3%), HCL Technologies, RPower, M&M, National Aluminium ad Reliance Infra (all down over 2%). The losing sectors of the day are Telecom, Technologym FMCG and Private power.
Wednesday, September 23, 2009 15:49:16 PM

Entry Filed under: Equity Markets, Closing Bell