- Rail Budget 2013 Live: Pawan Kumar Bansal speech highlights no passenger fare hikeBSE Sensex tumbles 235 pts on hike in freight ratesSensex Rail Budget Impact: BSE index shares plunge 235 pts on freight rate hikeFreight rate for grains, pulses, groundnut oil hiked by 6% by Rail Budget 2013
closed weak between 0.47-2.26 per cent on fears of political gridlock in Italy while European markets like CAC was down by 2.28 per cent, the DAX by 1.84 per cent and the FTSE by 1.23 per cent in afternoon trades.
Back home, major losers from Sensex pack were Hindalco (4.49 pc), Bajaj Auto (4.20 pc), HDFC (3.74 pc), HDFC Bank (3.74 pc), RIL (3.51 pc), M&M (3.35 pc), Tata Motors (3.29 pc), Coal India (3.28 pc), Tata Steel (3.08 pc), ICICI Bank (2.77 pc), BHEL (2.63 pc) and Sun Pharma (2.61 pc).
Maruti Suzuki (2.52 pc), L&T (2.44 pc), Cipla (2.39 pc), Dr Reddy's Lab (2.12 pc), Sterlite Ind (1.76 pc) and HDFC Bank (1.14 pc) also posted losses.
However, TCS rose by 1.56 per cent, followed by Infosys (1.47 pc) and Bharti Airtel (1.38 pc).
Among sectoral indices, the BSE-Oil&Gas fell by 3.07 per cent, followed by BSE-Auto (2.76 pc), BSE-CG (2.44 pc), BSE-Metal (2.30 pc), BSE-PSU (2.29 pc), BSE-HC (1.93 pc), BSE-Realty (1.89 pc), BSE-Bankex (1.68 pc) and BSE-Power (1.29 pc).
The market breadth remained negative trend as 2,072 scrips ended with losses while 774 finished with losses and 115 closed unchanged. The total turnover improved further to Rs 1,959.90 crore from Rs 1,931.32 crore yesterday.
Meanwhile, Foreign institutional investors (FIIs) bought shares worth a net Rs 266 crore yesterday as per SEBI's data.