Yet another day in the red

June 10th, 2008

The Indian Markets, like most of the Asian markets, closed the day in the red though the intensity is a bit less compared to yesterday. The BSE Sensex closed down by 176.85 points at 14,889.25 points. The CNX Nifty closed at 4449.80 points and down by 1.14%.

IT stocks took a bit of more heat compared to others today. The BSE IT Sectoral index is down 2.75%. The Bankex, Consumer Durables and Realty indices are all down by over 2%.

Top losers of the day on the Nifty include ONGC, HDFC, HCL Technologies, HDFC Bank, Sterlite Industries, National Aluminium, TCS, Tata Communications, Zee Limited and Satyam Computers. Nifty gainers of the day include Ranbaxy, Suzlon, SAIL, Cipla, BPCL, Reliance, ABB, Hindustan Leaver, Sun Pharma and Dr. Reddy.

1 U.S. dollar = 41.4593698 Indian rupees

Entry Filed under: Equities

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