Sensex sheds early gains in afternoon sell-off

10 May 2007

Sensex closed with losses of 10 points at 13771 and the Nifty lost 12 points to end at 4067. Nifty May futures closed at a discount of 23 points to the spot index.

ONGC slipped in the afternoon and was mostly responsible for the fall in indexes. The stock finally ended 2.29 per cent lower

Siemens was the worst performer among Nifty stocks, losing 3 per cent. L&T ended 1.33 per cent lower

Zee Entertainment continued to decline and lost another 3 per cent
Tata Power lost 2.31 per cent

M&M slipped further and ended 1.85 per cent lower

Among pharma stocks, Ranbaxy lost 1.79 per cent and Sun Pharma declined 1.5 per cent