Sensex fall 405 Pts, nifty below at 6212.65, BHEL, Tata power, Coal India down, 2 Jan stock market update

The Sensex has fall 405 points for the day high, Amazing down side in the nifty starting year 2014 given gift the stock market. Led by losses in Capital goods, reality and power Sectors. According to dealers, the sharp correction seems to be on the back of basket selling.

At 3:00 PM The Sensex was down 225.37 points or 1.06% at 20917.11, it was touch a high levels of 21331.32 and touch a low levels of 20863.59.

The nifty wad down 71.35 points or 1.13% at 6230.30, it was touch a high levels of 6358.30 and touch a low levels of 6212.65.

The S&P BSE Midcap Index was down 0.88 per cent and the S&P BSE Small cap Index fell 0.66 per cent.

Among the sectoral indices, the S&P BSE Capital Goods Index down 2.33 per cent, the S&P BSE Bankex was down 1.17 per cent, the S&P BSE Realty Index was 1.96 per cent lower and the S&P BSE Power Index declined 1.71 per cent.

Among Sensex losers BHEL, Tata power, L&T, Coal India, Bharti Airtel, Cipla, ITC, NTPC, ICICI bank, ONGC, HDFC bank. While Sensex gainers TCS, Infosys, Maruti Suzuki, Sun Pharma.