Indian markets slip after a positive opening
January 31st, 2008
The Indian stock markets have now entered into the red territory just minutes after having a positive opening. Nifty is down 1.46% while CNX Midcap is down 2.96%
Earlier the US markets closed marginally in the red. NYSE Composite closed down 0.57%. Nikkei 225 is up 1.46%
Large cap IT stocks opened weak. Infosys is down 0.89%, Satyam down by 3.39%, Wipro down 2.33%, TCS down 1.25%. Polaris is down 4.5%. Tech Mahindra, Rolta, HCL Tech, Patni all down over 3%.
Top Midcap losers on the Nifty Midcap 50 in the early hours of trade include Aurobinda Pharma, LITL, Praj Industries, TTML, HCC, Bajaj Hindustan, Vijaya Bank, Nagarjuna Constructions, India Cements, RNRL, Volta amongst others.
Entry Filed under: Equities, BSE, NSE, Opening trade, Global Markets
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>