Indian equities market ends lower(Roundup)April 30th, 2008 - 6:24 pm ICT by admin
Mumbai, April 30 (IANS) The Indian equities market closed Wednesday in the red in a choppy trade amid selling pressure on banking, realty and oil and gas stocks. The market started the day in the positive zone but by mid-afternoon witnessed a bout of volatility and slipped into the red by the close of the trading session.
The 30-share benchmark Sensitive Index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,479.01 points and touched a high of 17,480.74 before closing at 17,287.31 points. It went down by 91.15 points at the day’s close or 0.52 percent.
The National Stock Exchange (NSE) S&P Nifty opened at 5,198.35 points and closed at 5,165.90 points. It went down by 29.60 points or 0.57 percent.
The BSE Midcap index, which closed at 7,138.74 points, went down by 8.21 points or 0.11 percent.
The BSE Smallcap index, which closed at 8,773.57 points, went down by 11.74 points or 0.13 percent.
The market breadth was negative. On BSE, 1,296 shares advanced, 1,397 declined and 75 maintained status quo.
The top gainers of the day included Mahindra and Mahindra at Rs.670.40, up by 4.31 percent, ITC at Rs.219.80 gained 3.61 percent and Tata Motors at Rs.662.20 surged 3.48 percent.
The top losers of the day included DLF at Rs.705.25, down by 2.84 percent, Grasim at Rs.2402.75 slid by 2.81 percent and HDFC at Rs.2,804.80 went down by 2.66 percent.