Equity markets stay in the red early afternoon (Second Lead)

August 1st, 2008 - 2:10 pm ICT by IANS  

A file-photo of Sensex

Mumbai, Aug 1 (IANS) Indian equity markets continued to trade at a loss early Friday afternoon. Banking, FMCG and auto stocks were under selling pressure. But there was buying interest in metal and capital goods stocks. At 12:15 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was down by 64.11 points or 0.45 percent at 14,291.64. It had touched a low of 14,032.87 earlier Friday.

At the same time the broader based S&P CNX Nifty index of the National stock Exchange was down by 24.60 points or 0.57 percent at 4,308.35.

The market breadth was positive. On BSE, 1,155 shares advanced, 1,138 declined and 79 remained unchanged.

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