Markets stay positive – June 19, 2007 – 1:00 Noon

June 19th, 2007

The stock markets continued to add few more points though the trading in general looks flat. Sensex added about 40 points while Nifty added a mere 10 points. ICICI FPO got oversubscribed showcasing the confidence of Indian investors on India’s largest private bank. Banking sector in general is positive today.

IT stocks continued to be under the hammer as major IT scripts lost few points. Markets analysts, however are bullish on the long term Indian IT story and says that stream isn’t out yet.

Entry Filed under: Equity Markets

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