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Maruti back at Rs. 700; Markets continue to hold gains

September 8th, 2008

Monday, September 08, 2008 11:27:19 AM IST

Despite mixed August 2008 sales numbers, Auto stocks are managing to stay in the green. All the 11 stocks in the BSE Auto Index are trading in green. NSE is at 4505.55 up 3.52%. BSE is at 15,013.08 up 529.25 points or 3.65%

Maturi Suzuki (BSE Script Code: 532500) crossed the Rs. 700 mark and is up 3.04% Bosch Ltd (BSE Script Id: 500530) crossed the Rs. 3900 mark and is up 1.46% today.

Other Auto gainers so far include the auto ancillary and forging company Bharat Forge that is up 5.21% today. The gainers list also includes Hero Honda, Tata Motors, Amtek Auto (all up over 3%)

The stock markets are continuing to hold the opening gains. Bankex and Capital goods sectoral indices on the BSE are now up over 4.8% each.

Reliance Infra gained buyer attention. The script is now up 7.66% on the NSE Nifty is testing the 1100 levels mark.

1 U.S. dollar = 44.4444 Indian Rupees
1 U.S. dollar = 108.1899 Japanese Yens
1 U.S. dollar = 0.6949 Euros
1 Ounce Gold = $815.50
1 Barrel Crude Oil = $108.47

Entry Filed under: Equity Markets, Automobile