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Markets open weak; Oil & Gas, Realty and Banking stocks in red

October 1st, 2008

Wednesday, October 01, 2008 10:39:27 AM IST

Despite a gap up opening, the markets soon slipped into the red and trading flat. Nifty is at 3867.60 down 1.37% while Sensex is down 107.64 points and is at 12752.79 down 0.84%

CNX 100 is down 1.36% and CNX 500 is down 1.05%. CNX Midcap is down 0.62%. CNX IT is up 0.45% and Bank Nifty is down 2.08%

Early Nifty losers include L&T, Reliance Infra, Reliance Communications, Reliance, Bharti Airtel, Sterlite, SBI, IDEA, Unitech and DLF. Top Nifty gainers so far include Ranbaxy, Satyam, Suzlon, Infosys, Grasim, M&M, Tata Communications, Tata Steel, HCL Tech and ITC.

BSE Midcap index is marginally in the red and BSE Smallcap index is marginally in the green. IT, FMCG, Auto and Healthcare sectoral indices are in the green.

1 U.S. dollar = 46.9593 Indian Rupees
1 U.S. dollar = 106.2022 Japanese Yens
1 U.S. dollar = 0.7106 Euros
1 Ounce Gold = $880.10
1 Barrel Crude Oil = $101.89

Entry Filed under: Equity Markets, Opening trade