GetPaidIndia.com

Metal stocks back into limelight - March 30, 2007 - Closing Bell

March 30th, 2007

The Indian stock markets closed the last day of this trading week with a positive note. NIFTY gained about 0.62% and closed at 3821.55. Sensex added 92.44 points in todays trade and closed at 13072.10 (+0.71%).

IT stocks witnessed some weakness but have managed to close the day barely upwards at 0.02% on the CNX IT. Banking stocks showed good volatility and Bank Nifty closed the day up at 0.67%. TCS is down by 1.16% today on the NSE and last traded at 1248.35. Wipro too is another IT stock that saw selling pressure today. Wipro closed the day at 565.90 and is down 1.15%. Its peer Satyam however closed the day in 2% up. Satyam Computers opened at 465.80 this morning on the NSE, touched an intraday high of 472 and intraday low of 456 and finally closed at 461.10.

Both small cap and mid caps indices on BSE closed over 1% up. Metal stocks had a plunge today. Auto, FMCG and Health Care sectoral indices on BSE closed over 1% upwards.

Proctor & Gamble is up Rs. 59.15 today and last traded at 834.90. Chennai Petroleum plunged upwards by 6% today and closed the day at 188.90.

Top gainers on Nifty 50 today are Dabur, Sun Pharma (both +4%), Glaxo, Dr. Reddy (both +3%), M&M, ITC, Tata Steel, HDFC Bank, Gujarat Ambhuja Cement and Satyam Computers (all +2%) managed to close the day in green.

Top losers on Nifty 50 today are BPCL, HCL Tech (both -3%), Jet Airways (-2%), HDFC, TCS, Wipro (all -1%), BHEL, HPCL, Zee Limited and Tata Power (marginally in red) closed the day in red.

Entry Filed under: Equity Markets, Closing Bell