IT pivotals buck market fall
The markets saw high volatility in the opening session, swinging between positive and negative zones. Volatility is expected to remain till the expiry of June 2007 derivatives contracts on Thursday, 28 June 2007.
At 12.25 pm IST, the Sensex is down 31.68 points at 14469.40, and the Nifty down 12.95 points at 4272.75.
Top gainers on the Sensex are Satyam up 2%, Infosys up 0.80%, Ambuja Cement up 0.8% and NTPC at Rs 154.10 up 0.46%. On the NIfty Suzlon and Reliance Petro are among the top gainers.
Top losers on the Sensex are Hindalco down 1.6%, HDFC Bank 1.3%, ONGC down 1.3%, Tata Motors down 0.9% and Ranbaxy Labs down 0.8%.
In the midcap space the top gainers are Bajaj Auto Fin, Coromandel Fert, Blue Dart, Prism Cement, Balaji Telefilm, Ent Network Ind.
Index heavyweight Reliance Industries (RIL) was up 0.32% to Rs 1709 on 84,188 shares. As per reports, the Prime Minister's Office (PMO) has referred the issue of pricing natural gas found off the east coast to a committee of secretaries. The move comes in the wake of differences the petroleum ministry has with the power and fertiliser ministries over the methodology adopted for arriving at the gas price.
Nelcast was hovering at Rs 222 on BSE, a premium of 1.37% over the IPO price of Rs 219 per share. The scrip opened at Rs 252.05. It had touched a high of Rs 284.70 and a low of Rs 216.20 so far during the day. The scrip opened at Rs 252.05.
At 12.25 pm IST, the Sensex is down 31.68 points at 14469.40, and the Nifty down 12.95 points at 4272.75.
Top gainers on the Sensex are Satyam up 2%, Infosys up 0.80%, Ambuja Cement up 0.8% and NTPC at Rs 154.10 up 0.46%. On the NIfty Suzlon and Reliance Petro are among the top gainers.
Top losers on the Sensex are Hindalco down 1.6%, HDFC Bank 1.3%, ONGC down 1.3%, Tata Motors down 0.9% and Ranbaxy Labs down 0.8%.
In the midcap space the top gainers are Bajaj Auto Fin, Coromandel Fert, Blue Dart, Prism Cement, Balaji Telefilm, Ent Network Ind.
Index heavyweight Reliance Industries (RIL) was up 0.32% to Rs 1709 on 84,188 shares. As per reports, the Prime Minister's Office (PMO) has referred the issue of pricing natural gas found off the east coast to a committee of secretaries. The move comes in the wake of differences the petroleum ministry has with the power and fertiliser ministries over the methodology adopted for arriving at the gas price.
Nelcast was hovering at Rs 222 on BSE, a premium of 1.37% over the IPO price of Rs 219 per share. The scrip opened at Rs 252.05. It had touched a high of Rs 284.70 and a low of Rs 216.20 so far during the day. The scrip opened at Rs 252.05.
Labels: Nifty.Sensex
posted by SY at 12:18 PM
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