Indian markets open new series with a positive note – November 30, 2007

November 30th, 2007

Sensex is trading at 19100 level and Nifty is trading at 5670 levels

The news of the rights issue and the Government subscribing bonds of about Rs. 10,000 crores has increased the interest in the State Bank of India stock. Other banking stocks continued to be doing good.

UTV has clarified that a news item in HT is baseless and incorrect and has not come to a concrete decision to sell stake. UTV stock is up about Rs. 40 today.

CNX Midcap index is up about 90 points.

Redington is down about 2.8%
Reliance Petrol having had a surprising surge at the last hour of trade is trading flat.
Ispat is up 8%
Eveready Industries is up 6.3%
Sterlite Industries is up 4.5%

Entry Filed under: Equities, Opening trade

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