Sensex ends 354 pts, Nifty below 8400; Infy, Sun
Pharma up Global markets continued to reel under pressure on yuan devaluation
fears. European markets down almost 2.5 percent while markets like Hang Seng
closed with cut of almost 600 points. The market has ended with sharp loses.
The Sensex was down 353 points or 1.3
percent at 27512, and the Nifty slipped 108 points or 1.3 percent at 8353.
About 711 shares have advanced, 2124 shares declined, and 160 shares were
unchanged. SBI slumped 4.87 per cent despite posting a 5.9 per cent increase in net
profit for the June quarter on the back of a decline in bad loans. Selling also
emerged in other state-owned banking stocks such as PNB and Bank of Baroda.
Hindalco, Tata Motors, Coal India and Vedanta Ltd too contributed to the fall. Infosys, Sun Pharma, TCS, Wipro and Lupin were top gainers.
TOP GAINERS AND LOSERS ARE:
TOP GAINERS AND LOSERS ARE: