Markets end with modest losses
The markets showed smart recovery and ended the day with moderate losses outperforming its Asian peers. The markets have shown resilience despite some disappointing IIP numbers. The pullback was seen in the final hour of trade and Nifty ended above 5,600 levels and Sensex above 18,700 mark.
Sensex was down 170.33 points or 0.90% at 18737.27, and the Nifty down 46.15 points or 0.81% at 5617.10.
Reliance Industries, India's largest private sector company in terms of market capitalisation and oil refiners, fell 2.37% to Rs 2671.
ICICI Bank moved up 0.96% to Rs 1154. The stock came off session's low of Rs 1086.
State Bank of India spurted 3.03% to Rs 2236. As per reports, the Union Cabinet is likely to take a call by 22 November 2007 on State Bank of India's proposed plan to raise about Rs 18,000 crore through a rights issue. Incidentally, the winter session of Parliament is beginning on 15 November 2007 and the government will have to get the Parliament
NTPC soared 6.51% to Rs 256, ITC jumped 5.12% to Rs 177.55, Hindustan Unilever jumped 2.61% to Rs 198.30, Cipla gained 2.42% to Rs 181.70 and Hindalco Industries 2.18% to Rs 207.
ONGC dropped 4.90% to Rs 1178, HDFC Bank fell 4.11% to Rs 1475, Bharti Airtel declined 3.91% to Rs 836.60, Infosys Technologies fell 3.60% 1642.10 and Satyam Computers dropped 3.03% 414.
Sensex was down 170.33 points or 0.90% at 18737.27, and the Nifty down 46.15 points or 0.81% at 5617.10.
Reliance Industries, India's largest private sector company in terms of market capitalisation and oil refiners, fell 2.37% to Rs 2671.
ICICI Bank moved up 0.96% to Rs 1154. The stock came off session's low of Rs 1086.
State Bank of India spurted 3.03% to Rs 2236. As per reports, the Union Cabinet is likely to take a call by 22 November 2007 on State Bank of India's proposed plan to raise about Rs 18,000 crore through a rights issue. Incidentally, the winter session of Parliament is beginning on 15 November 2007 and the government will have to get the Parliament
NTPC soared 6.51% to Rs 256, ITC jumped 5.12% to Rs 177.55, Hindustan Unilever jumped 2.61% to Rs 198.30, Cipla gained 2.42% to Rs 181.70 and Hindalco Industries 2.18% to Rs 207.
ONGC dropped 4.90% to Rs 1178, HDFC Bank fell 4.11% to Rs 1475, Bharti Airtel declined 3.91% to Rs 836.60, Infosys Technologies fell 3.60% 1642.10 and Satyam Computers dropped 3.03% 414.
Labels: Nifty.Sensex
posted by SY at 5:30 PM
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