Mkt ends off day's low; IT surges, Realty down
Published on Tue, May 06 at 09:56 , Updated at Wed, May 07 at 10:59
Source : moneycontrol.com
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The BSE realty index plunged 4.63% or 404.36 points at 8337. Unitech, HDIL, DLF, Ansal Infra and Omaxe down. The BSE Power index ended down 2.15% or 73 points at 3315.61.Tata Power, Reliance Energy, GMR Infra, Torrent Power and BHEL closed negative. The BSE capital goods index shed 1.80% or 255.48 points at 13954.55. Praj Ind, Elcon Engg, L&T, AIA Engg and Suzlon Energy fell. The BSE pharma index dropped 1.41% or 60.72 points at 4235.32. Glenmark, Divis Labs, Dishman Pharma, Orchid Chemical and Opto Circuits down. The BSE auto index fell 0.83% or 40.03 points at 4772.10. TVS Motor, Escorts, Maruti Suzuki, M&M and Punj Tractors slid. The BSE IT index surged 1.53% or 66.02 points at 4383.36. Tech Mahindra, Satyam, Infosys, HCL Tech and Wipro gained. MARKETS SNAPSHOT Markets recovers from day's low in last half hour of trade heldped by tech stocks as rupee slips to 8-mth low Sensex ends down pts at ; recovers nearly 130 pts from day's low Nifty ends down pts at ; recovers nearly 60 pts from day's low Bharti down 5.32% after reports that the co is bidding for 51% stake of MTN: FT BSE IT Index up 2.5% as rupee hits 40.96; Satyam up 2%, Wipro up 1.5%, Infy up 1.2% BSE Realty Index down 4.5%; Unitech down 7.15%, DLF down 5.24% Metal pack saw soem buying interest: Sterlite up 5%, Nalco up 2.4% United Breweries up 18%; 2.5% equity changed hands on NSE in the morning Losers; Rel Cap down 6.9%, HDIL down 6.3%, Kolte Patil down 7.14%, Glenmark Pharma down 6.5%, JP Assoc, GMR Infra down 5% NSE Advance Decline at 1:3 Total market turnover at Rs 54207.5 cr Vs Rs 54119 cr on Monday Nifty futures turnover at Rs 32856 cr Vs Rs 32972 cr on Monday FNO SNAPSHOT Nifty futures prem at 30 pts; add 27.6 lakh shares in OI Nifty future constitutes nearly 30% of total FNO turnover Dabur, ITC, Satyam, Tata Steel, Cairn, Polaris witness long postions Continued on Page 2........ |
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Messages on Market Outlook - Short Term
Other comments
down more than 80% in a single tradingday
In actual term, those stocks are worthless now.. Papers with Zero Value unless some change take place to ensure tha...
in Market Outlook - Short Term - BullSheetRules at 08-Sep-08 11:01
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Looking at the chart and data, I doubt that we will see 4650+ level. That is why, I just \\`wish\\` for those Long ...
in Market Outlook - Short Term - BullSheetRules at 08-Sep-08 10:55
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