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Markets take a gap up opening with crude cooling off

September 2nd, 2008

Tuesday, September 02, 2008 10:26:01 AM IST

Thanks to the cooling off of the crude prices, the Asian markets opened their Tuesday trades in the green. The BSE Sensex is up in the green. BSE is trading at 14623 levels up 0.86%. Bank, Realty, PSU, Capital Goods stocks are gaining.

The CNX Nifty is up 0.74% and is currently at 4380 levels. CNX IT is up 0.39% and Bank Nifty is up 1.83%.

Top Nifty gainers include BPCL, SBI, ACC (all up over 2%), Unitech, L&T, ONGC, ICICI Bank, PNB, Suzlon and HDFC (all up over 1%). On the downside are Ranbaxy (down 6.8%), Cairn (down 2%), SAIL, Satyam, Cipla, Tata Motors, RPL, Hindalco and Tata Steel (all marginally down)

1 U.S. dollar = 44.1598 Indian Rupees
1 U.S. dollar = 107.9913 Japanese Yens
1 U.S. dollar = 0.6852 Euros
1 Ounce Gold = $816.00
1 Barrel Crude Oil = $110.98

Entry Filed under: Equity Markets, Opening trade