Signs of mid-day recovery
August 22nd, 2008
Friday, August 22, 2008 1:06:19 PM IST
The stock markets began to show signs of recovery with the indices inching more ground in the positive territory. The Nifty is now up 0.61% and is testing 4300 and upwards. The CNX IT is marginally down by 0.05% while the Bank Nifty is up 1.5%.
The BSE Sensex is now up 122 points at 14366 points. Both the midcap and small cap indices of the BSE showed a bit of recovery. Bank, Oil & Gas, Consumer Durables and Metal stocks are gaining while Capital goods, PSU, Power and Realty are showing signs of weekness.
Reliance stocks top the Nifty charts. Reliance Infra, Reliance Communication, Reliance Industries and Reliance Petroleum are all in the green today.
Satyam, Wipro and TCS are seeing signs of weakness. Satyam is now at 388 levels down 2.65%.
1 U.S. dollar = 43.1406385 Indian rupees
1 U.S. dollar = 108.695652 Japanese yen
1 U.S. dollar = 0.672088178 Euros
Gold (1 ounce) = $833.70
Crude oil (1 Barrel) = $121.47
Entry Filed under: Equity Markets
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