Sensex ends in red; HDFC, ICICI Bank, RIL slip
Mumbai, Dec 31: Frontline benchmark indices ended the last day of calendar year 2008 in negative terrain arresting two-day winning streak. Banks,oil&gas and realty scrips fell while healthcare, auto and capital goods stocks closed with marginal gains.
Bombay
Stock
Exchange"s
Sensex
closed
at
9631.41,
down
84.75
points
or
0.87
per
cent.
The
index
touched
a
low
of
9587.92
and
a
high
of
9825.90.
National
Stock
Exchange"s
Nifty
ended
at
2958.10,
down
21.40
points
or
0.72
per
cent.
It
touched
a
high
of
3002.65
and
a
low
of
2937.35.
BSE
Midcap
Index
was
up
0.44
per
cent
and
BSE
Smallcap
Index
moved
1.27
per
cent
higher.
4.30PM
Markets
choppy;
RIL,
Infosys,
ICICI
Bank
drag
The
markets
have
recovered
a
bit
after
trading
near
the
day"s
low.
The
Nifty
had
slipped
towards
the
2,950
mark
but
saw
some
bounceback.
Selling
pressure
is
seen
in
bank,
oil
&
gas
and
IT
stocks.
However,
capital
goods,
metal
and
power
stocks
are
still
trading
with
some
gains.
On
the
global
front,
Asia
closed
firm
while
European
markets
are
trading
higher.
At 1.50 pm IST, the Sensex is down 68.46 points or 0.70 per cent at 9647.70, and the Nifty down 21.30 points or 0.71 per cent at 2958.20. About 1,655 shares have advanced; 1,074 shares declined while 474 shares are unchanged. Top gainers on the Nifty are Satyam at Rs 171.00 up 6.41 per cent, NALCO at Rs 193.80 up 3.89 per cent and Suzlon Energy at Rs 62.65 up 3.13 per cent.
Negative
contributors
to
the
Sensex
are
Reliance,
Infosys,
ICICI
Bank
and
Bharti
Airtel.
2.40
PM
Mkts
trading
firm;
CG,
realty,
sugar
surge
Markets
are
trading
firm
after
volatile
morning
session.
All
BSE
sectoral
indices
are
trading
in
green.
Capital
goods
index
has
outperformed
other
sectoral
indices;
it
was
up
over
2%.
Good
buying
interest
is
also
seen
in
sugar,
realty,
metal,
auto,
power
stocks.
At 11.13 am, the Sensex was up 53.82 points or 0.55 per cent at 9769.98, and the Nifty was down 6.45 points or 0.22 per cent at 2973.05.
Markets
breadth
was
positive,
about
1771
shares
have
advanced,
957
shares
have
declined,
and
475
shares
are
unchanged.
12.25
pm
Nifty tests 3000 in early trade: Auto, CG, IT gain
Markets have opened with a positive note on the last trading day of 2008. Nifty tested 3000 mark but was unable to sustain and is now trading below 3000 mark. Good buying interest is seen in capital goods, auto, realty, power and IT stocks.
Suzlon, Rel Comm, HCL Tech, DLF, Unitech, Tata Steel, Tata Motors, L&T, Hindalco are among major gainers on the bourses. At 9:58 am, the Sensex was up 50
points
at
9767,
and
the
Nifty
was
up
8
points
at
2987.
Markets
breadth
is
positive
about
380
stocks
advanced
and
90
stocks
declined.
10.18
am