Equity markets end week on an upswing (Roundup)

August 1st, 2008 - 6:39 pm ICT by IANS  

A file-photo of Sensex

Mumbai, Aug 1 (IANS) Indian equity markets ended the last trading session of the week with a gain on the back of huge buying in capital goods, power, oil and gas, banking metal, realty and technology stocks. The markets started on a negative note and continued to be in the red till the last hour, when there was a sudden surge.

The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,064.26 points, touched a high of 14,682.33 before closing at 14,656.69. It went up by 300.94 points or 2.10 percent compared to its closing figure Thursday.

The S&P CNX Nifty index of the National Stock Exchange, which opened at 4,331.60 points, closed at 4,413.55. It went up by 80.60 points or 1.86 percent from its last close.

The BSE Midcap index, which closed at 5,642.74 points, went up by 75.37 points or 1.35 percent.

The BSE Smallcap index, which closed at 6,980.10 points, went up by 67.31 points or 0.97 percent.

The market breadth was positive. On BSE, 1,551 shares advanced, 1,108 declined and 73 maintained status quo.

Top gainers of the day included Jaiprakash Associates at Rs.156.85 up 8.67 percent, State Bank of India at Rs.1,414.75 up 6.05 percent and HDFC at Rs.2,276.70 up 5.51 percent.

The top losers of the day included Reliance Communication at Rs.500.05 down 12.65 percent, Tata Power at Rs.1,160.10 down 3.76 percent and Maruti Suzuki at Rs.574.90 down 2.50 percent.

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