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Markets continue to be in the red; Large cap IT stocks slip

September 25th, 2008

Thursday, September 25, 2008 10:41:48 AM IST

Indian stock markets are trading in the red this morning. Nifty is down by 0.64% at 4134.70 while Sensex shed 56.34 points and is at 13636.18 down 0.41. Large cap stocks Infosys, TCS, Satyam, HCL are all in the red.

The CNX 100 is down 0.61% while CNX 500 is down 0.47%. CNX IT is down 0.96% while Bank Nifty is down marginally by 0.06%

Top Nifty losers in the early trades include Suzlon, Bharti Airtel, Satyam, Sterlite, Power Grid, ONGC, Unitech, Grasim, TCS and NTPC. On the other hand, the gainers pack is lead by ITC, Hero Honda, HDFC, Unileaver, Sun Pharma, L&T, Tata Power, Cipla, HCL Tech and ABB.

BSE Midcap and Smallcap indices are marginally in the red. FMCG, Health Care, Consumer Durables and Auto are gaining whule Teck, Realty, IT, Power, PSU, Oil & Gas are weak.

1 U.S. dollar = 45.8295 Indian Rupees
1 U.S. dollar = 105.7641 Japanese Yens
1 U.S. dollar = 0.6828 Euros
1 Ounce Gold = $887.70
1 Barrel Crude Oil = $105.88

Entry Filed under: Equity Markets, Opening trade