Indian equities market moves into positive zoneApril 9th, 2008 - 2:39 pm ICT by admin
Mumbai, April 9 (IANS) The Indian equities market wiped off its losses and moved into positive territory with a narrow gain early Wednesday afternoon. In a highly volatile market, there was buying interest in capital goods and metal sectors. Realty and auto stocks continued to face selling pressure.
At 12.30 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was at 15623.53 points, up 35.91 points or 0.23 percent from its close Tuesday.
At the same time, the S&P Nifty index of the national Stock Exchange was at 4,736.35 points, up 26.70 points or 0.57 percent higher than the previous close.
The market breadth was positive; 1,659 shares advanced, 669 declined, and 744 stayed unchanged.
Top gainers on the bourses included L&T, BHEL, Tata Steel, Tata Power, Tata Communications and SAIL while the losers included Grasim, Maruti, M&M, Unitech and Sterlite Industries.