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Markets take a gap down opening, Nifty below 4330 levels

September 11th, 2008

Thursday, September 11, 2008 10:33:17 AM IST

The Indian stock markets took a gap down opening. Nifty is down by 1.39% and is at 4339. BSE Sensex at 14494.01 down by 168.60 or 1.15%

CNX IT is down 0.82% despite the USD touching the Rs. 45 a US Dollar levels. Bank Nifty is down 0.42%. CNX 100 is down 1.19% and CNX 500 is down 1%

BSE Sensex is down 1.15%. Midcap index is 0.13% while the Smallcap index is unchanged. Oil & Gas, Power, Realty and PSU are down over 1% each.

Sterlite recovered a bit after being hit down in the last two trading sessions. Sterlite is trading at 514.1 levels on the Nifty. Ranbaxy, PNB and GAIL are other Nifty toppers.

Zee Limited, Reliance, Power Grid, National Aluminium, ONGC (all down over 2%), DLF, HCL Tech, Reliance Infra, Cipla and Ambuja Cement (all down over 1%) are top losers on the Nifty.

1 U.S. dollar = 45.0491 Indian Rupees
1 U.S. dollar = 107.5731 Japanese Yens
1 U.S. dollar = 0.7131 Euros
1 Ounce Gold = $755.60
1 Barrel Crude Oil = $103.55

Entry Filed under: Equity Markets, Opening trade