MUMBAI: Pull-back rally in Indian equity market came to a halt on Wednesday as negative global cues forced investors to book profits.
Outperforming second rung stocks were the worst hit bringing an end to 5-day upmove.
Bombay Stock Exchange’s Sensex closed at 9708.22, down 268.76 points or 2.69 per cent. The index touched an intra-day low of 9682.91 and a high of 10073.10.
National Stock Exchange’s Nifty ended at 2952.85, down 88.90 points or 2.92 per cent. The broader index hit a low of 2943.50 and a high of 3076.20.
BSE Midcap Index was down 3.58 per cent and BSE Smallcap Index fell 2.82 per cent.
Biggest Sensex gainers were ICICI Bank (2.72%), HDFC Bank (2.08%), Infosys Technologies (1.79%), Wipro (1.5%) and Hindustan Unilever (1.43%).
Satyam Computer Services, down 29.25 per cent was the worst hit. Reliance Infastructure (-13.97%), Jaiprakash Associates (-12.91%), Reliance Communications (-12.78%) and DLF (-9.07%) were the other losers.
Market breadth on BSE was weak with 1569 declines against 951 advances.
