RBI Governor D Subbarao dashes interest rate cut hopes, Sensex closes 169 pts down

Jan 16 2013, 18:24 IST
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Sensex fell by 169.19 points, or 0.85 per cent to settle at 19,817.63. (Reuters) Sensex fell by 169.19 points, or 0.85 per cent to settle at 19,817.63. (Reuters)
SummaryThe Sensex fell by 169.19 points, or 0.85 per cent to settle at 19,817.63.

Sensex pack with a fall of 4.38 per cent, followed by Maruti Suzuki (3.43 pc), Tata Motors (3.24 pc), Jindal Steel (3.11 pc), M&M (2.95 pc), SBI (2.25 pc), Tata Steel (2.16 pc) and Bajaj Auto (2.00 pc).

ICICI Bank (1.98 pc), BHEL (1.61 pc), Tata Power (1.58 pc), Sun Pharma (1.35 pc), HDFC Bank (1.20 pc), ONGC (1.08 pc), HUL (1.08 pc) and L&T (1.03 pc) also witnessed losses.

However, RIL rose by 1.72 per cent, followed by Dr Reddy's Lab (1.43 pc) and TCS (1.03 pc) among winners.

Among major losers in sectoral indices, the BSE-Auto dipped by 2.40 per cent, BSE-Metal by 2.10 per cent, BSE Bankex by 1.66 per cent, BSE-Realty by 1.37 per cent, BSE-CG by 1.17 per cent and BSE-PSU by 1.17 per cent.

The total market breadth was sharply negative with 2,001 stocks losing ground against 938 finishing with losses. The total turnover was slightly up at Rs 2,462.41 crore from Rs 2,450.40 crore yesterday.

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,077.54 crore yesterday as per provisional data from the stock exchanges.

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Company INFO More on Bajaj Auto

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