Indian Markets close day marginally downwards
August 12th, 2008
The Indian stock markets managed to close the day without much of a downturn. The 1.4% down today on the NSE is reasonable considering the below expectation industrial numbers.
Nifty last traded at 4555.50 down 1.40%. Nifty Junior closed at 7518.2 down 1.79%. CNX IT is down 2.55% while Bank Nifty is down 3.40%
Top gainers of the day include BPCL, M&M, Siemens, Cairn, ITC, Reliance (all up over 1%), ABB, HUL, Grasim and GAIL (all marginally in the green).
Top losers on the Nifty include Tata Steel, Maruti (both down over 5%), Stelite Industries, HDFC, ICICI Bank (all down over 4%), Tata Power, Infosys Technologies, HDFC Bank, Punjab National Bank and Cipla (all down over 3%)
The Senex managed to close the day at above 15200 mark. The last traded value is 15212.13 down 291.79 points or 1.88%. Sectoral index losers of the day include Metal, Bankex, IT and Realty amongst others.
1 U.S. dollar = 42.1656266 Indian rupees
Entry Filed under: Equity Markets
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