Indian equities markets dull amid negative Asian cues
April 19th, 2011 - 2:46 pm ICT by IANS
Mumbai, April 19 (IANS) Indian equities markets were tardy in afternoon trade Tuesday with a key benchmark index ruling flat and broader indices lacklustre amid negative Asian cues.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,091.78 points, was ruling at 19,115.08 points, up 23.91 points or 0.13 percent from its previous close at 19,091.17 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was trading 0.11 percent up at 5,735.5 points.
Broader markets were ruling dull as well with the BSE midcap index down 0.02 percent and the BSE small cap index up 0.04 percent.
Realty, power and PSU stocks were among the major losers while telecom and IT stocks rose.
Among major gainers on the Sensex were Bharti Airtel, HDFC Bank, Reliance Communications and Cipla while the losers included Hero Honda, BHEL, Tata Power and DLF.
The market breadth was negative with 1,214 stocks advancing, 1,459 on the decline and 85 remaining unchanged.
Asian markets were also in the negative.
The Japanese Nikkei average closed 1.21 percent down at 9,441.03 points, while the Shanghai composite index of the Chinese stock exchanges moved down 1.84 percent to close at 3,001.03 points.
The Hang Seng of the Hong Kong stock exchange was in the red, trading 1.37 percent lower at 23,504.82 points.
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Tags: afternoon trade, benchmark index, bhel, bombay stock exchange, cap index, chinese stock, cipla, hero honda, hong kong stock, hong kong stock exchange, kong stock exchange, market breadth, midcap index, national stock exchange, nikkei average, psu stocks, sensitive index, shanghai composite index, stock exchanges, tata power