Indian equities market extends gainApril 3rd, 2008 - 6:26 pm ICT by admin
Mumbai, April 3 (IANS) The Indian equities market ended with a marginal gain Thursday after high volatility. With strong cues from other Asian markets, Indian equities started the day with a positive gap. But the Sensex, the bellwether index of the Bombay Stock Exchange (BSE) that had surged past the 16,000 mark in early trade, fell below that level later.
The 30-share Sensex opened at 15,805.63 points and notched a high of 16,002.73 before closing at 15,832.55. It ended 82.15 points or 0.52 percent above Wednesday’s close.
The National Stock Exchange (NSE) S&P Nifty, which opened at 4,753.90 points, closed at 4,771.60 points, after touching a high of 4,833.25. It went up by a marginal 17.40 points or 0.37 percent, compared to thje previous day’s close.
The BSE Midcap index, which closed at 6,387.23 points, went down by 25.74 points or 0.40 percent.
The BSE Smallcap index, which closed at 7,840.29 points, slid by 71.85 points or 0.91 percent.
On BSE, the market breadth was negative with low trading volumes; 1,215 shares advanced, 1,409 declined and 63 maintained status quo.
The top gainers of the day included Satyam at Rs.428.05 up 5.11 percent, Wipro at Rs.435.30 up 5.04 percent and TCS at Rs.885.95 up 4.13 percent.
The top losers of the day included BHEL at Rs.1,754.95 down 5.27 percent, Mahindra and Mahindra at Rs.643.75 down 3.38 percent and Reliance Energy at Rs.1,189.45 down 2.95 percent.