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Selling pressure drag markets down - November 6, 2007

Volatile movements are witnessed on the Indian markets today. Midcap index closed down by 60 points. The index is over 100 points up in the early hours of trade.

RPL closed down Rs. 47 , RNRL is down Rs. 17.40. Telecommunication stocks led by Reliance Communicaitons, Bharti Airtel and MTNL are down.

Hindalco and Nalco are in the green. GAIL, BHEL, Bajaj Auto saw some good interest in the traders community. HMT and ITI saw new interst after a long time.

Add commentNovember 6th, 2007

Indian markets open in green with large-caps back to green

Nifty opened at 46 points upwards. Reliance Energy, RPL, Sterlite, SBI, L&T, Reliance Communications opened in the green. An indication that the large-cap stocks are taking the green ways. ACC crossed the Rs. 1000 mark with good longs building up. Earlier the Asian markets are flat this morning.

Tata Motors and IT Sector on a broad scale are marginally in the red.

Add commentNovember 6th, 2007