Indian stock markets open range bound; Nifty attempts 6000 levels once again
December 10th, 2007
Nifty 50 crossed the 6000 level once again while the Sensex is up 20000 mark too. CNX Midcap 100 index is up about 56 points.
Bharti Airtel is trading in green as its news of tower business with two other major mobile phone players is well received. The stock is up at about 1.4%. Idea Cellular too is getting increased attention.
Reliance Energy is marginally in the red. Piramyd Retail is up Rs. 10 after the news of India Bulls. Meanwhile India Bulls Real is zommed about Rs. 46 points in the first few minutes of trade.
Eicher Motors is up 7.7%. IDCI us up 2% and the stock is trading at about Rs. 103. Sugar stock are trading a bit weak.
HCL Insys, Rolta, Tata Elxsi, IFlex and Subex are trading in the green on the CNX IT while Moser Baer is trading in the red.
The Asia stock markets are trading mixed. Shanghai Composite and Jakarta Composite are marginally above the 1% upwards mark but NZSE 50, Taiwan Weighted and Seoul Composite are trading marginally in the red. Earlier last week the US Markets closed with a mixed bag too. Dow Jones closed in the green while other major US indicies closed mixed.
Entry Filed under: Equity Markets, Opening trade, Global Markets
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