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Stock markets take gap down opening, Realty, IT stocks down

September 29th, 2008

Monday, September 29, 2008 10:40:24 AM IST

Indian stock markets took a gap down opening this morning. Nifty is at 3934.15 down 1.28% while Sensex is down 129.74 points and is at 12972 points. Realty, IT and Consumer Durable stocks are down.

CNX 100 is down 1.46% while the broder CNX 500 is down 1.41%. CNX Midcap is down 1.68%. CNX IT is down 2.95% while Bank Nifty is down 2.09%.

Top Nifty losers in the early trades are HCL Tech, Suzlon, Tata Motors, Satyam, DLF, Sterlite, TCS, Unitech, Reliance Communications and Cairn. Top gainers on the Nifty are Ranbaxy, BHEL, GAIL, Hero Honda, Hindustan Unileaver, ITC, National Aluminium, BPCL and Reliance.

BSE Midcap is down 1.64% while BSE Smallcap is down 1.43%. FMCG is the lone sectoral index in the green on the BSE at the moment. Akruti, Anant Raj, HDFC, Indiabulls Realty and Sobha Developers stocks are hard hit this morning.

1 U.S. dollar = 46.3392 Indian Rupees
1 U.S. dollar = 106.6552 Japanese Yens
1 U.S. dollar = 0.6901 Euros
1 Ounce Gold = $875.00
1 Barrel Crude Oil = $105.68

Entry Filed under: Equity Markets, Opening trade