Markets recover lost ground - Nifty at 4552

August 13th, 2008

The Indian markets which had a weak opening this morning recovered ground and backto the near-opening levels. NSE Nifty is at 4552.10. Banking stocks continued to slip, albiet marginally today. Bank Nifty is down 0.76%. CNX IT is up 0.77% and is at 3850.5

Top gainers of the day include Sterlite Industries (up 3%), Cipla, SAIL, Cairn, Infosys Technologies, SBI, Tata Steel, Dr. Reddy, Satyam Computers and National Aluminium (all up 1%)

The Banking stocks continue to lead the losers charts. HDFC Bank and ICICI Bank slipped over 2.5% each. Other top Nifty losers include Hindalco, DLF, Siemens (all down over 1%), BPCL, Tata Communications, Grasim, ACC and Reliance Communications (down marginally).

Top gaining sectors from trade perspective at the moment include Health Care and IT.

Entry Filed under: Equity Markets

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