Rally strengthens - March 22, 2007 @ 3:15 PM

March 22nd, 2007

Markets made new attempts to gain more into the positive territory as bulls gained even more strength. Banking stocks are zooming ahead with Bank Nifty touching +5% levels.

NIFTY is at 3874.70    (+2.93%). IT stocks had a mixed bad. CNX IT showed only +1.8% gain while almost all other indices are moving in +2% gainers territory. Of the 20 stock CNX IT, 15 stocks are advancing while 5 stocks are declining. Hexaware, HTMT (+5%), Satyam Computers (+3%), TCS and Moser Baer (both +2%) gained while HCL Insys, I-Flex, GTL, HCL Tech and CMC are in the losers list.

Entry Filed under: Equity Markets

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