Equity markets end with marginal gains (Roundup)July 28th, 2008 - 7:27 pm ICT by IANS
Mumbai, July 28 (IANS) On the eve of the Reserve Bank of India’s monetary policy review, Indian equity markets ended the day Monday on a cautious note, with marginal gains. The 30-share benchmark Bombay Stock Exchange sensitive index (Sensex) closed at 14,349.11, up 74.17 points or 0.52 percent from its close last Friday at 14,274.94.
Buying interest was seen in realty, capital goods and oil and gas sectors.
The market started on a negative note and turned positive by afternoon and closed the day with a modest gain.
The Sensex which opened at 14,267.03 points touched a high of 14,421.61 before closing at 14,349.11.
The National Stock Exchange (NSE) S&P CNX Nifty, which opened at 4,282.25 points, closed at 4,332.10. It went up by 20.25 points or 0.47 percent.
The BSE Midcap index, which closed at 5,630.78 points, went up by 58.19 points or 0.52 percent.
The BSE Smallcap index, which closed at 6,912.98 points, went up by 134.20 points or 1.98 percent.
The market breadth was positive. On BSE, 1,767 shares advanced, 848 declined and 77 maintained status quo.
The top gainers of the day included Larsen and Toubro at Rs.2625.60 up Rs.97.95, Tata Power at Rs.1015.45 up Rs.36.15 and ACC Ltd at Rs.574.25 up Rs.19.20.
The top losers of the day included Sterlite Industries at Rs.603.20 down Rs.20.95, Tata Steel at Rs.617.90 down Rs.13.95 and Hindalco Industries at Rs.149.95 down Rs.3.30.
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