Archive for March 1st, 2007

Markets takes recovery route following yesterdays big beating - Mar 1, 2007 - First hours

The Indian Stock Markets are in the positive area after yesterday’s global meltdown and the Indian Union Budget. Real Estate Stocks are still in correction mode and experts feel real estate prices are at higher levels now and the correction is due and expected. Banking stocks however took mixed route and experts feel though their prices would be hurt on a short term, banking stocks on the long run still look attractive.

S&P CNX NIFTY is at 3758.15 up 0.34%
CNX NIFTY JUNIOR is at 6739.65 up 0.26%
CNX IT is at 5264.20 up 2.62%
BANK NIFTY is at 5290.00 up 0.95%
CNX 100 is at 3637.10 up 0.49%

Amongst the top stocks that are active on the charts include Indian Bulls, Reliance, Infosys Technologies, IVRCL Infrastructure, Reliance Communications, TCS, Satyam Computers, Wipro and IFCI.

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