Bajaj Auto worst hit from the Sensex pack

Bajaj Auto worst hit from the Sensex pack

The BSE Sensex was down 653.33 points, or 3.95%, to 15,888.75, on weak global cues. Concerns on the political front also weighed on the market after the Communist Party of India-Marxists (CPM) on Thursday, 6 March 2008, renewed its threat on the United Progressive Alliance (UPA) government saying that the ruling coalitions future depended on how it took the call on pursuing the Indo-US nuclear deal.

Reliance Energy (down 10.02% to Rs 1312), Hindalco Industries (down 6.82% to Rs 193.20), Ranbaxy Laboratories (down 4.59% to Rs 432.80), were the other major losers from the Sensex pack.

Satyam Computer Services (down 4.53% to Rs 414.15), Infosys Technologies (down 3.86% to Rs 1417.90), TCS (down 2.25% to Rs 855), and Wipro (down 3.89% to Rs 414), declined among IT pivotals

ICICI Bank (down 7.59% to Rs 887.35), State Bank of India (down 2.60% to Rs 1806), and HDFC Bank (down 4.10% to Rs 1280), slipped from banking sector