Markets lacklustre
The markets opened quiet today with marginal losses in line with its Asian peers.At present the markets are lacklustre due to lack of buying interest in scrips. IT and capital good stocks are under pressure. However, buying is seen in select pharma and banking stocks.
At 12.35 pm the sensex is trading at 13925.17 down by 40 points while the Nifty 50 index is down by 21 points at 4112.60.
Index heavyweight Reliance was trading at Rs 1,613.60 down 0.45% from its previous close of Rs 1,620.90.Tech major Infosys was trading at Rs 1,980.00 down 1.11% from its previous close of Rs 2,002.20.Cigarette major ITC was trading at Rs 162.20 up 0.12% from its previous close of Rs 162.00.
Pharma major Ranbaxy Laboratories was the top gainer, up 1% to Rs 398.95 on 30,170 shares.ICICI Bank (up 0.91% to Rs 878), HDFC (up 0.83% to Rs 1694), and HDFC Bank (up 0.73% to Rs 1003.25) were the other gainers.
Wind turbine maker Suzlon Energy plunged 6.5% to Rs 1168 after reporting a 3.4% fall in consolidated net profit in Q4 March 2007 to Rs 359 crore. Consolidated total income jumped Rs 2962.27 crore, from Rs 1560.12 crore. Net profit moved up 13.7% to Rs 864.03 crore in the year ending March 2007, from Rs 759.50 crore in FY 2006. Total income soared to Rs 8082.23 crore, from Rs 3915.49 crore in FY 2006.
Refrigeration and cooling equipment firm Voltas gained 1.6% to Rs 98.45 on reporting a 405.30% growth in net profit in Q4 March 2007 to Rs 119.90 crore compared with net profit of Rs 23.73 crore in Q4 March 2006. Sales rose to Rs 721.35 crore, from Rs 513.92 crore. Net profit jumped to Rs 186.08 crore in the year ending March 2007, from Rs 70.49 crore in FY 2006. Sales were up to Rs 2400.55 crore, from Rs 1853.14 crore.
At 12.35 pm the sensex is trading at 13925.17 down by 40 points while the Nifty 50 index is down by 21 points at 4112.60.
Index heavyweight Reliance was trading at Rs 1,613.60 down 0.45% from its previous close of Rs 1,620.90.Tech major Infosys was trading at Rs 1,980.00 down 1.11% from its previous close of Rs 2,002.20.Cigarette major ITC was trading at Rs 162.20 up 0.12% from its previous close of Rs 162.00.
Pharma major Ranbaxy Laboratories was the top gainer, up 1% to Rs 398.95 on 30,170 shares.ICICI Bank (up 0.91% to Rs 878), HDFC (up 0.83% to Rs 1694), and HDFC Bank (up 0.73% to Rs 1003.25) were the other gainers.
Wind turbine maker Suzlon Energy plunged 6.5% to Rs 1168 after reporting a 3.4% fall in consolidated net profit in Q4 March 2007 to Rs 359 crore. Consolidated total income jumped Rs 2962.27 crore, from Rs 1560.12 crore. Net profit moved up 13.7% to Rs 864.03 crore in the year ending March 2007, from Rs 759.50 crore in FY 2006. Total income soared to Rs 8082.23 crore, from Rs 3915.49 crore in FY 2006.
Refrigeration and cooling equipment firm Voltas gained 1.6% to Rs 98.45 on reporting a 405.30% growth in net profit in Q4 March 2007 to Rs 119.90 crore compared with net profit of Rs 23.73 crore in Q4 March 2006. Sales rose to Rs 721.35 crore, from Rs 513.92 crore. Net profit jumped to Rs 186.08 crore in the year ending March 2007, from Rs 70.49 crore in FY 2006. Sales were up to Rs 2400.55 crore, from Rs 1853.14 crore.
Labels: Nifty.Sensex
posted by SY at 12:28 PM
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