Equity markets in the green in early tradeAugust 18th, 2008 - 12:24 pm ICT by IANS
Mumbai, Aug 18 (IANS) Indian equity markets, which opened lower Monday, moved into the green in initial trade. The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened with a loss of 43.04 points at 14,681.14. By 10.35 a.m. it had reached 14,784.43, 60.25 points or 0.41 percent above its closing figure last Thursday.
But at the same time, the S&P CNX Nifty index of the National Stock Exchange was at 4,430.15, still a marginal 0.01 percent below its previous close of 4,430.70.
The market breadth was positive. On BSE, 719 shares advanced, 550 declined and 35 remained unchanged.
Satyam, Infosys and Wipro were among the gainers while Hindalco, Sterlite Industries and Reliance Communications were among the losers in initial trade.
Other Asian markets were trading lower.