Maruti top loser among Sensex stocks

R.Y. Narayanan Updated - October 13, 2011 at 04:45 PM.

With the BSE 30-share index losing over 70 points, the losers far outnumbered the gainers among the Sensex constituents today.

The continued labour unrest at the Manesar plant has begun to hurt the Maruti stock with the counter losing 2.71 per cent on the BSE.

Banking major SBI, which saw a huge jump in share price in the morning, had shed much of its gains by the close of trading, though it still remained in the positive territory. The share hit a high of Rs 1,932.40 on the BSE but closed at Rs 1,886.95, losing about Rs 46 intra-day. Still, it ended with gains of about Rs 14.

However, ICICI Bank was able to hold on to much of its gains with the share closing at Rs 879, a gain of about Rs 19. Infosys closed at Rs 2,695.35, a gain of about Rs 15.

The Manesar plant labour woes have started hurting Maruti stock with the share ending up as the biggest Sensex loser in terms of value -- losing Rs 29.45 or 2.71 per cent to close at Rs 1,056.40.

The other major losers were the capital goods major L&T shed Rs 25.15 to close at Rs 1,418.30; Jindal Steel lost Rs 17.85 to close at Rs 500.10 and Hero Motocorp lost Rs 20.55 to Rs 1,980.75.

There were 22 losers compared to 8 gainers among the BSE Sensex stocks.

Published on October 13, 2011 11:15