Equity Alert: Mkt falls over 1%; Tech, realty cos dn; Tata Comm up
MUMBAI--10:15AM--Share indices opened down 1% today tracking weak
Asian
markets amid indications the $700 bln bailout plan by US government to
rescue
the financial sector may get stalled due to bickering between
Democratic and
Republicans, dealers said.
Sensex was at 13365.61, down 181.57 points, or 1.34%. Nifty was
trading at
4048.40, down 61.55 points, or 1.50%.
Information technology shares were worst hit. HCL Technologies was
down over
3%, and DLF fell over 2%.
National Aluminium Co, down over 4%, was the worst hit among Nifty
shares.
Tata Motors shares declined 1.6% even as media reports said the
company
plans to sell up to 25% stake in its subsidiaries.
Tata Communication, up over 6%, was the top Nifty gainer.
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