IT and Bank stocks take Markets into recovery mode - Mar 1, 2007 - 3:15 PM
March 1st, 2007
IT and Bank stocks became the torch bearers in the effort by the stocks to go in the recovery route. NIFTY is trading at 3811.85 up 1.8%.
Amongst IT stocks, CMC (+10.7%), Mphasis (+7.6%), GTL (+5.8%), Tata Elxsi (+5.7%), Wipro (+5.4%) are stealing the limelight. IT stocks that are currently in the red are Moser Baer (-3.1%), Finantech(-2.7%), Mastek (-2.5%), IGS (-1.5)% and IFlex (-1.1%). While 14 stocks are advancing, 6 are declining on the CNX IT.
Amongst the top Banking stocks trading on the Nifty are UTI Bank (+5%), HDFC Bank (+4.8%), PNB (+4.1%), Canara Bank (+3%) and ICICI Bank (+3%). All 12 banking stocks on the Bank Nifty are trading in green at the moment.
Entry Filed under: Equity Markets
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