The Sensex has tumbled by 3,034.49 points or 10.75 per cent
The BSE Mid-Cap Index dropped by 399.51 points or 3.71 pct to settle at 10,359.90
Mumbai: The Sensex has tumbled by 3,034.49 points or 10.75 per cent in four weeks and the CNX 50-share Nifty also dropped by 909.55 points or 10.62 per cent in four weeks. Rate sensitive stocks led the pack on heavy selling followed by Capital Goods and PSUs. Foreign portfolio investors (FPIs) continued their selling pressure as they sold shares net Rs 4,385.31 crore during the week as per the SEBI's record including the provisional figure of September 4.
Among the S&P BSE sectoral indices, Power dropped by 7.15 per cent, followed by Bankex 6.42 per cent, Auto 5.67 per cent, Capital Goods 5.47 per cent, Consumer Durables 4.17 per cent, Metal 3.85 per cent, Oil & Gas 3.55 per cent, Healthcare 2.89 per cent, Realty 2.77 per cent, FMCG 2.67 per cent, Teck 1.98 and Information Technology 1.95 per cent. The BSE Mid-Cap Index dropped by 399.51 points or 3.71 pct to settle at 10,359.90.
The BSE Small-Cap index tumbled by 387.58 points or 3.53 per cent to settle at 10,605.24. Among the 30-share Sensex pack, all the 30 shares in the Sensex pack declined in the week end. Major losers were Bhel (11.91 per cent), M&M (9.78 per cent), Hindalco (9.66 per cent), SBIN (9.71 per cent), ICICI Bank (9.06 per cent), Axis Bank (7.72 per cent), ONGC (7.37 per cent), NTPC (5.88 per cent), Tata Motors (5.16 per cent), Larsen (5.14 per cent) HDFC (4.72 per cent), Hero Motoco (4.51 per cent) Tata Steel (4.18 per cent), Reliance Ind (4.09 per cent), Bharari Airtel (3.42 per cent) and ITC (3.42 per cent). Total turnover at BSE and NSE declined to Rs 12,374.23 crore, and 89,759.01 crore from the last weekend's level of Rs 18,931.54 crores and Rs 1,20,565.45 crores, respectively.