Indian stock markets follows Asian market trends, opens in red
Like its Asian peers, the Indian stock markets opened in the red. Both the Nifty and Sensex are seeing selling pressures. CNX Nifty is down by 1.8%. Even the midcap stocks are today seeing selling pressures. Nifty Midcap 50 is down 1.2%. Sensex is down 227 points or 1.13%. BSE 100, BSE 200 and BSE 500 are all down by at least a percentage point.
Top gainers on the Sensex in the early hours of trade include ITC, Cipla, Satyam, Infosys, Hindustan Unileaver and Tata Steel. Top losers include ONGC, SBI, TCS, Tata Motors, HDFC Bank Ltd, Bharti Airtel, NTPC, Reliance Communications, Hindalco and BHEL.
Asian markets are badly down this morning. Almost all major Asian indices are in the red. All Ordinaries is down by 3.1%, Hang Seng, Taiwan Weighted are down by over 2.5%. Shanghai Composite, Jakarta Composite, NZSE 50, Staits Times and Seoul Composite are all down by at least 1.5%.
Add commentDecember 17th, 2007