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Bounce back after a dip

August 28th, 2008

Thursday, August 28, 2008 11:43:30 AM IST

The stock market indices took a bounce back after dipping deeper into the red. Trades overall are flat. The CNX Nifty is at 4285 down 0.16% while BSE Sensex is at 14256.03 down 40 points or 0.26%

CNX IT is down 0.01% and Bank Nifty is down 0.82%. Realty, Bankex, Capital Goods sectoral indices continue to be in red on the BSE.

Hero Honda made a come back. The script is trading at 826 levels and is up 2% today. Other gainers include Cairn, Suzlon, Bharti Airtel, Ambuja Cement, HCL Tech, Sterlite Industries, ACC, Cipla all up over 1%

The negative list by Hindalco. The script is down over 4%. DLF continues to slip. The script is trading at 471 levels now down by 1.45%

1 U.S. dollar = 43.7005 Indian Rupees
1 U.S. dollar = 109.5050 Japanese Yens
1 U.S. dollar = 0.6802 Euros
1 Ounce Gold = $832.70
1 Barrel Crude Oil = $119.11

Entry Filed under: Equity Markets