Thursday 13 March 2008

Frontline stocks witness sharp correction

Equities saw across the board selling on Thursday. However, major selling was seen in the frontline stocks. The Bombay Stock Exchange was down over 770 points or 4.7 per cent to 15,350.

At 4pm, Hindalco Industries was down 8.19 per cent at Rs 175.80 on BSE. It touched a high of Rs 188.85 and low of Rs 172.50. Total volume traded quantity was 15,89,057 shares.

DLF was down 7.96 per cent at Rs 652.95 on BSE. The high was Rs 711.95 and low was Rs 638. Total quantity traded was 11,81,768 shares

Reliance Energy was down 7.92 per cent at Rs 1210 on BSE. The high for the day was Rs 1300 and low was 1200.10. The total quantity of shares traded 8,99,345 shares.

Bharat Heavy Electricals fell 6.97 per cent at Rs 1,868.05 on BSE. The total quantity traded is 1,71,105 shares. It touched an intra-day high of Rs 1,980 and low of 1855.

Reliance Communication declined 6.60 per cent to Rs 502.90 on BSE. Around 19,00,203 shares changed hands in the counter. It touched a high of Rs 527.85 and low of Rs 500.

Tata Steel plunged 6.06 per cent at Rs 707.50 on BSE. The total quantity traded was 10,44,045 shares. It touched a high of Rs 756 and low of Rs 701.