Archive for April 28th, 2008

Indian stock markets close day in red; Nifty back below 5100 levels

The stock markets had a relatively quiet monday morning. The NSE Nifty closed below the 5100 level at 5089.65 losing 0.43%. The BSE Sensex lost 110.02 points and closed at 17,015.96. Profit book is seen across the board with market all waiting for the announcement from RBI on April 29.

The IT, Oil & Gas, Capital Goods, Metal, Banks, Auto, FMCG and Power sectoral indices in the BSE closed in the red while Consumer Durables, PSU, Health Care and Realty managed to close in green.

Top gainers on Nifty include Reliance Energy, Sun Pharma, Tata Communications, Sterlite, HCL Tech, Unitech, Zee Limited, HDFC Bank, Idea and Reliance Communications. Top Nifty losers include Siemens, Cipla, Suzlon, Tata Steel, ICICI Bank, Maruti, ACC, GAIL, Wipro and Ambuja Cement.

Siemens had a bad monday trade with the script losing 9.81% to close at Rs. 580.90.

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