Sensex ends flat, down 35.32 pts

India`s benchmark index, Sensex lost the ground after opening with gains on Monday, following the drop in global markets after UBS reported that it will write down assets attached to US subprime lending by USD 10 billion. TCS, BHEL, Cipla, and HDFC led the fall. Select stocks from capital goods, FMCG, metal, health care and power led the fall while consumer durable, realty and banking stocks gained.

BSE Sensex closed with a loss of 35.32 points, or 0.18%, at 19,930.68, while the broad-based NSE Nifty closed at 5,960.60, down 13.7 points, or 0.23%. The BSE Midcap gained 1.06% while BSE Small cap rose 1.66%.

Out of the total 2,903 stocks traded at the BSE, 2, 061 advanced, 805 declined, while 37 remained unchanged.

Amongst the sectoral indices, FMGC fell 0.78%, Capital goods lost 0.44%, Health care declined 0.22% and Power dropped 0.58%, while Consumer durable gained 2.18%, Realty rose 2.13% and Bankex climbed 0.95%.

Global Markets
Asian and European stocks fall on Monday on concern that US subprime lending crisis is not over after UBS reported that it will write down assets attached to US subprime lending by USD 10 billion.

Movers and Shakers
Gainers at the BSE Sensex include Hindalco, which rose 2.63%, followed by ICICI Bank, which rose 2.1%, and Infosys rose 1.76%. DLF, Bharti Airtel, Reliance Energy, ONGC and Bajaj Auto also moved up.

Laggards at the BSE Sensex were TCS, which declined 2.41%, BHEL declined 2.4%, and Cipla declined 2.03%. HDFC, HDFC Bank, NTPC, HUL, Satyam Computer also slipped.

Top Volumes
Ispat Industries topped the volume chart with 27,155,121 shares followed by Ashok Leyland with 9,791,008 shares and Reliance Petroleum with 9,430,522 shares.

Top Turnover
Reliance Petroleum topped the turnover chart with Rs 2,126.8 million, followed by Ispat Industries with Rs 1,935.6 million.