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Markets continue to tumble - March 28, 2007 @ 3:15 PM

March 28th, 2007

NIFTY is down at 3763.65 having lost 1.47% so far. IT and Banking stocks continued to make the much of the damage. Sensex lost over 230 points and is currently trading at 12,892.72. Midcap, Small Cap, BSE 100, BSE 200, BSE 500 have lost about 1.5% in trades so far. Auto, Bankex and Teck are over 2.5% down while IT is down by  3.4% on the BSE.

On the Bank Nifty, only 2 stocks are advancing while 10 are declining. Leading losers of the day on the Bank Nifty are UTI Bank, SBI, Corporation Bank, Canara Bank and ICICI Bank. Bank of Baroda and Bank of India are trading marginally positive.

The 20 stock CNX IT had 3 stocks advancing but 17 stocks pulling it downwards. While Mastek, IFlex (both +1.7%) and GTL (+0.5%) are trading positive, scripts such as HTMT, Rolta, CMC, HCL Tech and TCS have lost over 4.3%

Entry Filed under: Equity Markets