Equity markets recover partially, but still in red (Lead)

August 14th, 2008 - 2:43 pm ICT by IANS  

A file-photo of Sensex

Mumbai, Aug 14 (IANS) Indian equity markets made a partial recovery by early Thursday afternoon after falling in a big way earlier in the day, but were still in the red. Banking, realty and capital goods stocks continued to be under selling pressure. At 1:00 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was at 15,168.57 points, down 43.56 points or 0.29 percent from its closing figure Wednesday.

At the same time the broader based S&P CNX Nifty index of the National Stock Exchange was down by 4.70 points or 0.10 percent at 4,547.55.

However, the market breadth was positive. On BSE, 1,338 shares advanced, 1,088 declined and 108 remained unchanged.

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