Indian stock markets opens in green, Banking stocks look weak
April 23rd, 2008
The Indian stock markets are trading in the green territory this morning. Nifty is at 5051.50 holding the 5050 mark. CNX It is at 4101.45 while Bank Nifty is at 7432.10
Private sector banks are the worst hit amongst the banking stocks this morning. HDFC Bank lost slipped 3.68%. ICICI Bank, Axis Bank and Union Bank are down over 1.2%. SBI , Bank of India, OBC, Bank of Baroda ad Punjab National Bank are marginally in the red.
Telecom stocks are having a mixed day today. It may be recalled that the Department of Telecommunucations has announced the guidelines for the Mergers & Acqusitions in the telecom space.
Himachal Futuristic Communication is down 0.30 and is trading at Rs. 21.30
Entry Filed under: Equities, Telecom, Banks & NBFC, Opening trade
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>