Damp global cues weigh on Indian equities but Sensex manages modest gain (Roundup)
June 6th, 2011 - 6:32 pm ICT by IANS
Mumbai, June 6 (IANS) A benchmark index for Indian equities markets Monday closed on a dull note, paring intra-day losses amid damp global cues.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,344.27 points, closed at 18,420.11 points, up 43.63 points or 0.24 percent from its previous close at 18,376.48 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange ended 0.28 percent higher at 5,532.05 points.
Broader markets ended dull with the BSE midcap index closing 0.25 percent down and the BSE smallcap index up 0.17 percent.
IT, healthcare and telecom scrips rose, while metal and auto stocks ended on the losing side.
The market breadth was negative with 1,326 stocks advancing, 1,461 on the decline and 116 remaining unchanged.
Gainers on the 30-scrip Sensex included: Cipla, up 2.25 percent at Rs.331.60; HDFC, up 1.74 percent at Rs.671.20; HDFC Bank, up 1.09 percent at Rs.2,375.50 and TCS, up 1.01 percent at Rs.1,164.75.
The losers were Jaiprakash Associates, down 2.54 percent at Rs.82.60; Hindalco Industries, down 1.61 percent at Rs.186.35; Bajaj Auto, down 1.53 percent at Rs.1,350.90 and M&M;, down 1.51 percent at Rs.657.10.
According to data available with the Securities and Exchange Board of India, foreign institutional investors bought scrips worth $119.87 million Monday.
Major Asian markets — save Japan — were closed Monday.
The Nikkei of the Japanese stock exchange closed 1.18 percent lower at 9,380.35 points.
Hong Kong and Chinese markets were closed on account of a holiday.
Concerns on slowing economic recovery after a slew of poor economic data, including US non-farm payroll data, weighed heavy on European markets.
Britain’s FTSE was ruling flat at 5,849.87 points, down 0.09 percent.
Around midday, the French CAC 40 fell 0.72 percent at 3,862.69 points, while the German DAX was down 0.19 percent at 7,095.49 points.
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- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Benchmark indices subdued, midcaps rise - Feb 09, 2012
- Sensex closes 66 points lower on lacklustre trading day (Roundup) - Jul 21, 2011
- Sensex zooms 123 points up, FII interest intact (Roundup) - Feb 09, 2012
- Sensex slips 136 points, consumer durables, banking stocks lose (Lead) - Mar 28, 2012
- Sensex subdued in afternoon trade - Jun 06, 2011
- Sensex falls 59 points as bearish mood prevails (Lead) - May 10, 2012
- Sensex plunges 277 points on weak global cues (Roundup) - Apr 23, 2012
- Sensex closes 176 points higher despite dull global cues (Roundup) - Jun 23, 2011
- Sensex lacklustre, Asian cues negative - Jan 17, 2011
- Sensex closes 39 points lower (Second Lead) - May 30, 2011
- Sensex slumps 24 percent in 2011 (Roundup) - Dec 30, 2011
- Sensex down 89.56 points in noon trade - May 14, 2012
- Indian equities markets manage to end flat - Jun 13, 2011
Tags: asian markets, auto stocks, benchmark index, bombay stock exchange, cac 40, chinese markets, exchange board, foreign institutional investors, german dax, hdfc, hindalco industries, japanese stock, market breadth, national stock exchange, payroll data, poor economic data, scrips, securities and exchange board of india, sensitive index, smallcap index