Markets open weak – Nifty slips sub 4500 levels; Sensex sub 15K levels
August 14th, 2008
Thursday, August 14, 2008 10:49:00 AM
The Indian stock markets had a weak opening this morning. NSE Nifty is at 4457.70 while BSE Sensex is at 15,093.12. Top sectoral losers on the Sensex include Realty, Bankex, Capital Goods and Power. IT had a little recovery as the BSE IT Index jumped up 1.54%
Top Nifty losers of the hour include DLF, Reliance Infra (both down by over 5%), ICICI Bank, Unitech, HDFC, SBI (all down over 4%), HDFC Bank, BHEL, Suzlon and Maruti (all down over 3%)
Top Nifty gainers of the hour include Infosys Technologies (up over 2%), Cairn, Tata Steel, Satyam (all up over 1%), Sterlite, Sun Pharma, Wipro, Cipla, HCL Tech and SAIL (all marginally up)
Oil prices jumped upwards by $3 after news of US Oil inventory levels dropped.
1 U.S. dollar = 42.5495702 Indian rupees
1 U.S. dollar = 109.385255 Japanese yen
1 U.S. dollar = 0.670106547 Euros
Entry Filed under: Equity Markets
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