Mkt mayhem: Sensex closes below 9k

New Delhi: The markets had a fairly volatile session, it opened in the positive terrain but slipped in the red as profit booking set in.

During noon trades, the Sensex slipped below the 8,800 level and the Nifty slipped below the 2,600 mark.

The Sensex closed with a loss of over 130 points below the 9,000 mark. The Nifty closed down 30 points.

The BSE Sensex closed at 8,929.44 down 133 points.

The NSE Nifty closed at 2663 down 114 points.

The BSE Small Cap Index closed at 4,502.63, down 165 points.

The BSE Midcap Index ended at 3,721.20, down 123 points.

About 436 shares have advanced, 1883 shares declined, and 51 shares are unchanged.

The major losers on the indices were Infosys, TCS, Tata Motors, Hindalco, Tata Tea and ABB.

Other than oil & gas index all the BSE sectoral indices closed in red.

Capital goods stocks like Alfa Laval, BEML, Greaves Cotton, Ingersoll Rand and ABB also slipped. The BSE Capital Goods Index ended down 2.16 per cent at 5,770.98.

Metal stocks like Sterlite Ind, JSW Steel, Jindal Steel, Tata Steel and Hind Zinc closed lower. The BSE Metal Index closed at 6,512.80, down 2.36 per cent.

Auto stocks like TVS Motor, Cummins, Sundaram-Clayto, Tube Investment and Tata Motors closed low. The BSE Auto Index closed at 4,029.08, down 1.13 per cent.

Technology stocks like Mphasis BFL, I-Flex Solution, Infosys, TCS, Moser Baer and HCL Info also plummeted. The BSE IT Index dropped 4.7 per cent to end at 3,043.53.

FMCG stocks like Tata Tea, Nestle, McDowell, P&G, Shaw Wallace also ended in red. The BSE FMCG Index closed at 1,593.80, down 0.89 per cent.

The BSE Consumer Durables Index witnessed a of 1.99 per cent to close at 2,426.23 due to Samtel Color, Titan Industries, Su-Raj Diamonds and BPL.

The BSE Bankex also finished lower by 1.54 per cent at 4,017.18 as selling was seen in Kotak Mahindra, Union Bank, Bank of India, Bank of Baroda and PNB.

Oil stocks including Kochi Refin, HPCL, BPCLand IOC gained. The BSE Oil & Gas Index ended at 4,415.90, up 0.39 per cent.

The BSE Healthcare Index also closed down 2.13 per cent at 2,827.70 amid selling in pharma stocks like Matrix Lab, Divis Labs, Sterling Bio and Aventis Pharma.

The NSE cash turnover was at Rs 6828.27 crore and the NSE F&O turnover was at Rs 22,948.05 crore. The BSE cash turnover was Rs 3,000.35 crore. Total market wide turnover was at Rs 32776.67 crore versus Rs 27443.26 cr on Tuesday.