Sensex ends 300 points lower; DLF, JP Asso, TCS down

Indian markets ended sharply lower for second consecutive session as weak global peers and concerns of possible rate hike by the Reserve Bank of India spooked sentiments.

Bombay Stock Exchange's Sensex closed at 19095.02, down 291.80 points or 1.51 per cent. The 30-share index hit a high of 19649.22 and low of 19071.47 intraday.

National Stock Exchange's Nifty ended at 5731.60, down 92.95 points or 1.60 per cent. The broader index touched a high of 5897.90 and low of 5722.25 in today's trade.

BSE Midcap Index fell 1.30 per cent and BSE Smallcap Index moved 0.73 per cent lower.

All the sectoral indices ended lower. BSE Realty Index fell 3.48 per cent, BSE IT Index was down 2.73 per cent and BSE Capital Goods Index was declined 2.15 per cent.

DLF (-5.16%), Jaiprakash Associates (-3.33%), TCS (-3.07%), Infosys Technologies (-2.89%) and L&T (-2.88%) were the major Sensex losers.

Hero Honda (2.33%), HUL (2.10%), Bajaj Auto (0.87%),ONGC (0.80%) and Maruti Suzuki (0.44%) were the top gainers.

Market breadth was negative on the BSE with 1713 declines against 1177 advances.

economictimes.indiatimes.com