Monday, October 27, 2008

Eight Sensex stocks stoop to their lows

Eight stocks from the BSE 30-share Sensex hit their all-time low today(27th Oct-08) as investors dumped equities on growing concerns of a deep and prolonged global economic slump.
The BSE Sensex lost 191.51 points, or 2.20%, to 8,509.56 after slumping 1,003.68 points to 7,697.39 in afternoon trade, its lowest since 28 October 2005.
Ranbaxy Laboratories (down 4.90% to Rs 179.70), Hindalco Industries (down 6% to Rs 40.75), Wipro (down 5.17% to Rs 223), Jaiprakash Associates (down 8.06% to Rs 54.75), Tata Power Company (down 10.56% to Rs 558.90), and DLF (down 3.63% to Rs 196.50) settled lower.
TCS (up 2.03% to Rs 500.15) and Reliance Communcations (up 6.33% to Rs 205.65) ended higher.
Earlier in intra-day, Ranbaxy Laboratories (Rs 148.60), Hindalco Industries (Rs 38.05), Wipro (Rs 181.70), TCS (Rs 418), Jaiprakash Associates (Rs 47.05), Reliance Communcations (Rs 148.60), Tata Power Company (Rs 531.50), and DLF (Rs 158) registered their all time low.

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