Indian equities market ends in green with Asian peersApril 7th, 2008 - 6:49 pm ICT by admin
Mumbai, April 7 (IANS) The Indian equities market ended the day in the green Monday on strong Asian cues. As banking, metal and capital goods stocks led the rally, a key index gained more than 2.50 percent. With strong cues from Asian peers, the equity market here started the day with a positive gap and continued the gaining trend.
The 30-share benchmark of the Bombay Stock Exchange (BSE), the Sensex, opened at 15,390.15 points and notched a high of 15,851.88 before closing at 15,757.08 points. It went up by 413.96 points at the day’s close or 2.70 percent.
The National Stock Exchange (NSE) S&P Nifty, which opened at 4,631.35 points, closed at 4,761.20 points, after touching the day’s high of 4,798.55 points. It went up by 114.20 points or 2.46 percent
The BSE Midcap index, which closed at 6,344.72 points, went up by 81.87 points or 1.31 percent. The BSE Smallcap index, which closed at 7,777.94 points, went up by 62.95 points or 0.82 percent.
On BSE, the market breadth was positive with modest volumes. As many as 1,156 shares advanced, 1,071 declined and 57 maintained status quo.
The top gainers of the day were ICICI Bank at Rs.809.30, up by 5.97 percent, Ranbaxy Labs at Rs.483.85, gaining 5.59 percent and Jaiprakash Associate at Rs.231.95 that surged 4.84 percent.
The top losers included Ambuja Cements at Rs.118.10, down by 0.84 percent, Maruti Suzuki at Rs.785.70, losing 0.73 percent and Reliance Energy at Rs.1,162.90 sliding by 0.30 percent.