Markets continue to hold gains; PSU, Realty and Banking stock take lead
September 2nd, 2008
Tuesday, September 02, 2008 11:50:17 AM IST
Stock markets continue to hold their gains in the last hour of trade. Buying interest is evident in PSU, Realty and Banking stocks. ONGC and BPCL are leading the Nifty charts
NSE Nifty is at 4370 up 0.49%. CNX IT is up 3946.9 or 0.33%. Bank Nifty is up 1.24%. Toppers on the Nifty include ONGC, BPCL, PNB, SBI, Unitech, Tata Power, ACC, L&T, ICICI Bank and Tata Communication. The downward looking stocks include Ranbaxy, Cairn, Cipla, Tata Motors, SAIL, Satayam, HDFC Bank, RPL, M&M and HDFC
BSE Sensex is at 14,560.81 up 62.30. Midcap and Smallcap indices are holding marginally in the green. Sans the Consumer Durables and Health Care, all other sectoral indices on the BSE are in the green.
The Indian Rupee is holding firm over the US Dollar which is a good news for export oriented sectors such as the IT and the Pharma
1 U.S. dollar = 44.1598 Indian Rupees
1 U.S. dollar = 107.9913 Japanese Yens
1 U.S. dollar = 0.6852 Euros
1 Ounce Gold = $814.30
1 Barrel Crude Oil = $110.87
Entry Filed under: Equity Markets
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