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Asian markets close in green; US cheers up at openings time

August 13th, 2007

Its Monday morning and the days trade shows that the red blood bath evident for the past 10 to 15 days seems to soon wading of. The Asian markets opened in the green and remained positive through out the day.

The Indian Markets too took the queues and remained green though the first hour trade showed a bit of doubt. Post 11:00 AM, the trade is almost biased towards the green.

CNX NIFTY closed at 4373.65 points and is up 0.93%. NIFTY JUNIOR is up 0.80%. CNX IT is down 0.41% while BANK NIFTY is up 0.51%. CNX 100 closed up 0.91%.

Amongst CNX IT, Rolta, Subex, HCL Insys, Moser Baer and MPhasis closed in green while Mastek, CMC, Patni, Hexaware and TCS closed in red.

On the Bank Nifty, UTI Bank, Bank of India, ICICI Bank, Union Bank and PNB closed in the green while Kotak Bank, Corporation Bank, OBC and Canara Bank ended in the red.

BSE Sensex closed at 15,017.21 and is up 148.96. Midcap and Smallcap index closed a percent up. Top sectoral indices gainers nclude Auto, Consumer Durables, FMCG, Health care and metal.

Meanwhile, the US Markets opened in the green with fresh cheer. NADSAQ and Dow Jones are currently trading in the green.

Entry Filed under: Equity Markets, Closing Bell, Opening trade