Markets bounce back
The bulls broke their shackles in late afternoon trade today, energised by news that the Indo-US nuclear deal may indeed see the light of day. This, after the Left said it would allow the government to discuss the deal with the IAEA, a move it had been opposing for so long.
The Nifty closed 78 points higher, at 5,695, and the Sensex shut shop 298 points higher, at 19,035.
Reliance Industries,was up 0.94% to Rs 2702, off session's low of Rs 2651.55. Its wholly owned subsidiary, Reliance Exploration and Production DMCC signed a production sharing agreement with the government of Oman for offshore block number 41 in Oman.
NTPC moved up 7.32% to Rs 272.05, HDFC Bank jumped 7.08% to Rs 1580, Larsen & Toubro jumped 4.86% to Rs 4370, State Bank of India gained 2.80% to Rs 2299.90 and ICICI Bank rose 2.82% to Rs 1179.
Wipro fell 3.60% to Rs 441.80, Mahindra & Mahindra dropped 2.59% to Rs 709.50, TCS fell 1.62% to Rs 949.95, Hindalco Industries gave away 1.11% to Rs 204.50 and Infosys Technologies slipped 1.09% to Rs 1624.Reliance Natural Resources (RNRL) soared 13.90% to Rs 168.40 on huge volumes of 3.36 crore shares on BSE.
The foreign inflows have slowed in November 2007 after the market regulator curbed the use of participatory notes used by unregistered foreigners to buy Indian shares, while the lingering credit worries in the United States have also weighed. As per provisional data, FIIs sold shares worth a net Rs 1194.38 crore, while domestic institutional investors (DIIs) were net buyers of shares worth Rs 65.99 crore on Monday, 12 November 2007.
The Nifty closed 78 points higher, at 5,695, and the Sensex shut shop 298 points higher, at 19,035.
Reliance Industries,was up 0.94% to Rs 2702, off session's low of Rs 2651.55. Its wholly owned subsidiary, Reliance Exploration and Production DMCC signed a production sharing agreement with the government of Oman for offshore block number 41 in Oman.
NTPC moved up 7.32% to Rs 272.05, HDFC Bank jumped 7.08% to Rs 1580, Larsen & Toubro jumped 4.86% to Rs 4370, State Bank of India gained 2.80% to Rs 2299.90 and ICICI Bank rose 2.82% to Rs 1179.
Wipro fell 3.60% to Rs 441.80, Mahindra & Mahindra dropped 2.59% to Rs 709.50, TCS fell 1.62% to Rs 949.95, Hindalco Industries gave away 1.11% to Rs 204.50 and Infosys Technologies slipped 1.09% to Rs 1624.Reliance Natural Resources (RNRL) soared 13.90% to Rs 168.40 on huge volumes of 3.36 crore shares on BSE.
The foreign inflows have slowed in November 2007 after the market regulator curbed the use of participatory notes used by unregistered foreigners to buy Indian shares, while the lingering credit worries in the United States have also weighed. As per provisional data, FIIs sold shares worth a net Rs 1194.38 crore, while domestic institutional investors (DIIs) were net buyers of shares worth Rs 65.99 crore on Monday, 12 November 2007.
Labels: Nifty.Sensex
posted by SY at 6:42 PM
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