The market ended the day mixed, as Nifty closed in red and Sensex managed to close in green. The weakness in the opening session was attributed to the weak global cues. High volatility and lot of choppiness was witnessed during the session as most of the investors did intraday trading. Selective buying was seen in cement, power, capital goods, banking and FMCG stocks, whereas Realty, IT, telecom, metal and consumer durables were under heavy selling pressure. 50% of the key BSE indices ended with marginal gains and rest of the others like IT, Metal, Oil & Gas and Realty index closed in red. The benchmark index Sensex registered marginal growth of 54.01 points to close at 17,613.99, whereas Nifty closed at 5,184 down by 31.30 points. Overall, the market breath was flat for the day as 1345 stocks advanced while 1340 stocks declined on BSE. Further, BSE Midcap and BSE Smallcap closed marginally high by 24.83 points and 51.15 points at 7,263.41 & 8,851.47 respectively.
The Oil and Gas index ended with the loss of 162.48 points to close at 10,079.97 as Reliance (2.29%), RPL (0.47%), HPCL (1.50%), Gail (1.64%) and ONGC (0.93%) closed in negative.
BSE IT index also stood in the red territory for the day as it ended with the loss of 66.74 points to close at 4,619.17. The draggers are Tech Mahindra down by (4.87%), TCS (2.92%), Satyam (2.52%) and Rolta India by (1.74%).
The Reality index slipped by 59.42 points to close at 8,994.22. Drifting it down are Ansal Infrastructure (3.4%), Shobha Developers (3.32%), Anant Raj (2.69%), DLF (2.00%), Mahindra Ges (1.86%) and Unitech Ltd (1.75%).
BSE Bankex managed to closed with the gain of 191.54 points to close at 9029.09 . Scrips surged are Yes Bank (6.65%), ICICI Bank (3.74%), SBI Bank (2.70%), and Union Bank (2.49%).
BSE Capital goods also closed at 15,568.76 with a gain of 139.47 points. Pushing it up are Lakshmi Machinery Work Ltd (3.43%), Larsen & Toubro (2.47%), and Kalpat Power (2.24%).
Monday, October 22, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment