BSE Sensex, S&P CNX Nifty was down August 8 2011

Indonesia stock info - BSE Sensex, S&P CNX Nifty was down August 8 2011 ; Volatility gripped the market as key key benchmark indices extended intraday recovery from 14-month lows hit earlier in the day. The barometer index, BSE Sensex, regained the psychological 17,000 level after falling below that mark earlier in the day.

Gains in European stocks in early trade and a strong intraday rebound in US index figures aided recovery in Indian stocks. Index heavyweights Reliance Industries and ICICI Bank came off the day's lows. The BSE Sensex was down 134.77 points or 0.78%, up close to 410 points from the day's low and off close to 40 points from the day's high.

At 13:20 IST, the BSE Sensex was down 134.77 points or 0.78% to 17,171.10. The Sensex lost 546.42 points at the day's low of 16,759.45 in morning trade, its lowest level since 10 June 2010. The index fell 97.54 points at the day's high of 17,208.33 in afternoon trade.

The S&P CNX Nifty was down 23.50 points or 0.45% to 5,187.75. The Nifty hit a low of 5,054.05 in intraday trade, its lowest level since 10 June 2010. The Nifty hit a high of 5,204.20 in intraday trade.

The market breadth, indicating the overall health of the market, was quite weak. On BSE, 2,132 shares declined while 555 shares managed gains. A total of 77 shares remained unchanged.

Among the 30-share Sensex pack, 17 declined while the rest of them managed gains. ONGC, State Bank of India and HDFC Bank rose by between 0.77% to 2.68%.


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