Jul 29, 2008

Sensex tumbles on RBI rate hike move

The Sensex is now down 441 points at 13,908.

- Sensex ends down 484pts at 15,349

- Sensex up 267pts; Maruti slips 3%

- Sensex down 53pts in early trades

- Sensex down 152pts; Grasim, L&T drag

- Sensex down 398pts; Ranbaxy up 3%



The NSE Nifty is down 119 points at 4,213.



ICICI Bank has slumped 6.7% to Rs 619. HDFC and HDFC Bank have tumbled over 5% each to Rs 2,102 and Rs 1,068, respectively.



Tata Motors, Larsen & Toubro and Maruti have shed 5% each at Rs 405, Rs 2,588 and Rs 581, respectively.



Mahindra & Mahindra, Reliance Communications and Reliance Infrastructure have slipped around 4% each to Rs 507, Rs 492 and Rs 949, respectively.



SBI and Hindalco have dropped 3.7% each to Rs 1,365 and Rs 141, respectively. Grasim has shed 3.5% at Rs 1,752.



Ranbaxy, Jaiprakash Associates and DLF have declined over 3% each to Rs 478, RS 157 and Rs 484, respectively.



Bharti Airtel, ONGC and ACC are down 3% each at Rs 771, Rs 982 and Rs 576, respectively.



Sterlite has moved up 1.4% to Rs 591.

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