go to moneycontrol.com
Quote 
NAV 
News 
Messages  
Opinions 
Notices 
[+] SHOW
Moneycontrol India :: News :: Market ends with modest loss; Oil & gas, IT gain :: :: Local Markets :: Sensex, Nifty
You are here : Moneycontrol » Markets Home » Local Markets
Market ends with modest loss; Oil & gas, IT gain
2008-05-08 16:15:03 Source : moneycontrol.com
Email     Print Version     
ads by google

Markets made a smart recovery from the day’s lows, but closed in red. Capital goods, realty and banking indices witnessed selling pressure. The BSE midcap and smallcap indices also closed in red. However, IT, oil & gas and FMCG stocks closed with marginal gains. Technology stocks traded strong throughout the day’s trade as rupee continued to depreciate, but ended with a slight gain.

 

The Sensex closed down 33.70 points or 0.19% at 17339.31, and the Nifty was down 9.15 points or 0.18% at 5135.50.

 

About 1258 shares have advanced, 1631 shares declined, and 197 shares are unchanged.

 

The BSE capital goods index was down 2.31% or 312.93 points at 13641. Bharat Electronics, BHEL, BEML, Larsen, Punj Lloyd, ABB fell.

 

The BSE realty index was down 1.55% or 129.45 points at 8207.58. Indiabulls Real, DLF, Parsvnath, HDIL, Sobha Developer, Unitech slipped.

 

The BSE bankex was down 0.79% or 71.79 points at 9016.91. Axis Bank, Bank of India, Kotak Mahindra, Bank of Baroda, ICICI Bank, Karnataka Bank closed down.

 

The BSE metal was down 0.64% or 101.97 points at 15813.84. Sesa Goa, SAIL, Jindal Steel, Ispat Industries, Hindalco, JSW Steel ended negative.

 

The BSE IT index was up 0.68% or 29.94 points at 4413.30. TCS, Mphasis, Patni Computer, Infosys, Tech Mahindra, HCL Tech gained.

 

The BSE FMCG index was up 0.68% or 78.95 points at 11723.46.Colgate, Godrej Consumer, HUL, Tata Tea, Britannia, ITC moved up.

 

The BSE auto index was up 0.31% or 14.78 points at 4,786.88. Bosch, M&M, Punj Tractors, Maruti Suzuki, Bharat Forge, Hero Honda closed up.

 

The NSE cash turnover was at Rs 14433.01 crore and the NSE F&O turnover was at Rs 33563.9 crore. The BSE cash turnover was Rs 6599.52 crore. Total market wide turnover was at Rs 54596.43 crore.

 

Markets Snapshot

Markets recover from day's low' though trade in narrow range with crude hititng to new all-time-high

Sensex ends down 33.7 pts at 17339; recovers nearly 110 pts from day's low

Nifty ends down 9 pts at 5135.5; recovers nearly 35 pts from day's low

CNX Midcap Index down 0.25%, BSE Small-cap Index down 0.25%

Crude oil & rupee fall to 41.385 remains big news of the day

Crude hits new all time high; Cairn India up 7.5%, RIL up 1.5%, HOEC up 9.5%

IT Index gain 1.23% as rupee falls further; hits 41.385 during the day; TCS up 3.17%, Infy up 2%

BSE Cap Goods Index down 2.24%; BHEL down 4%, L&T down 2.3%

BSE Realty Index down 1.55%; DLF down 2.6%, Unitech down 0.67%

New Listing: Aishwarya Telecom closes at Rs 90.85 Vs listing price at Rs 55 (Issue price at Rs 35)

Buzzers: Mah Lifespace up 13% post analyst meet yesterday

Sugar stocks buzz; Shree Renuka Sugar up 7.3%, Bajaj Hind up 4%, Balrampur Chini up 3.5%

NSE Advance Decline at 5:7

Total market turnover at Rs 54596 cr Vs Rs 54207.5 cr on Tuesday

Nifty futures turnover at Rs 33564 cr Vs Rs 32856 cr on Tuesday

F&O Snapshot

Nifty sees long buildup at 5100 levels, some long unwinding day end

Nifty futures premium at 21 pts; add 12.5 lakh shares in OI

Idea sees huge OI buildup post block deal

Momentum stocks see unwinding pressure for second day in a row

Star Performers:

HOEC: Up 10%; Adds 8.3 lakh shares

Cairn: Up 7.2%; Adds 14 lakh shares ; Strong CoC seen

Shree Renuka: Up 7.8%; Adds 10.1 lakh shares

 

Continued on Page 2...............

Archive 1 | 2 |
Hot keywords : Sensex | Nifty 
Related links:
View Comments                                                                          Post Message  
Rate this article