Free fall again - Feb 23, 2007 - 1:30 PM
February 23rd, 2007
The markets took a roller coaster free fall as stocks began to tumble without any respite. NIFTY came below the 4000 mark and is currently at 3972.00 (-1.68%). Advances / Declines is at 8/42
Banking stocks seems to be the prime picks that are leading the pack for downfall. BANK NIFTY is currently at 5467.25 as against its previous closure of 5647.65. The index is currently at -3.19%
The banking stocks in BANK NIFTY that are staying postive are Corporation Bank, Syndicate Bank, Canara Bank and Bank of Baroda. Private sector banks seems to be the main draggers towards lower levels. UTI Bank (-6.3%), Oriental Bank (-5.1%), ICICI Bank (-4.6%), HDFC Bank (-3.4%) and Punjab National Bank (-2.06%)
Entry Filed under: Equity Markets, Banks & NBFC
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