Indian equities market ends in the greenApril 9th, 2008 - 6:42 pm ICT by admin
Mumbai, April 9 (IANS) The Indian equities market ended in the green Wednesday, outperforming other Asian markets, which lost ground. Banking and power stocks led the rally here. With weak cues from other Asian markets, the Indian equities market started the day with a negative gap but moved into the positive zone in the afternoon before surging in late trade.
The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened at 15,512.70 points and touched a high of 15,829.59 before closing at 15,790.5. It went up by 202.89 or 1.30 percent compared to Tuesday’s close.
The S&P Nifty index of the National Stock Exchange (NSE), which opened at 4,707.05 points, closed at 4747.05. It went up by 37.40 points or 0.79 percent compared to its previous close.
The BSE Midcap index, which closed at 6,471.51 points, went up by 88.49 points or 1.39 percent.
The BSE Smallcap index, which closed at 7,941.11 points, went up by 126.96 points or 1.62 percent.
On BSE, the market breadth was positive; 1,829 shares advanced, 794 declined and 66 maintained status quo.
Top gainers of the day included HDFC Bank up 5.50 percent to Rs.1376.05, BHEL up 3.74 percent to at Rs.1,777.75 and Tata Steel up 3.44 percent to Rs.678.90.
The top losers of the day included Maruti Suzuki down 1.44 percent to Rs.733.45, HUL down 1.39 percent to Rs.244.95 and Bharti Airtel down 1.04 percent to Rs.819.95.