India Stock Markets down – Satyam Effect

Equities witnessed sell-off Wednesday after promoters of Satyam Computers cheated investors by inflating its balance sheets.

• Bombay Stock Exchange’s Sensex down 745.33 points or 7.21 per cent
• National Stock Exchange’s Nifty was at 2934.15, down 5.74 per cent or 178.65 points.
• BSE Midcap Index was down 7.01 per cent
• BSE Smallcap Index fell 6.05 per cent.
• BSE Realty Index was down 17.74 per cent
• BSE IT Index fell 9.88 per cent
• BSE Oil&gas Index declined 8.65 per cent.

Top Sensex losers were

• Satyam Computer Services (-78.89%)
• Jaiprakash Associates (-24.34%)
• Reliance Communications (-16.11%)
• DLF (-14.90%)
• Reliance Infrastructure (-13.21%)

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