Day before trust vote, equity markets end in the green (Roundup)July 21st, 2008 - 6:18 pm ICT by IANS
Mumbai, July 21 (IANS) Indian equity markets ended the day with a modest gain ahead of the government’s trust vote in parliament. Amid volatility, the market surged in late trade. There was buying interest in banking, pharma, realty and select auto stocks. The market started on a positive note stayed in the positive zone throughout the day.
The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 13,782.13 points, touched a high of 13,878.88 before closing at 13,850.04. It went up by 214.64 points or 1.57 percent compared to its closing figure Friday.
The S&P CNX Nifty index of the National Stock Exchange, which opened at 4,092.20 points, closed at 4,159.50. It went up by 67.25 points or 1.64 percent from its previous close.
The BSE Midcap index, which closed at 5,256.99 points, went up by 17.60 points or 0.34 percent.
The BSE Smallcap index, which closed at 6,437.98 points, went down by 17.91 points or 0.28 percent.
The market breadth was negative. On BSE, 1,169 shares advanced, 1,362 declined and 85 maintained status quo.
The top gainers of the day included Cipla at Rs.226.45 up 5.20 percent, HDFC Bank at Rs.1082.95 up 4.78 percent and Ranbaxy Labs at Rs.458.20 up 4.78 percent.
The top losers of the day included Satyam at Rs.367.10 down 4.14 percent, Ambuja Cements at Rs.81 down 2.17 percent and BHEL at Rs.1,506.45 down 1.56 percent.