Market closes with minimal loss (Roundup)

July 10th, 2008 - 6:49 pm ICT by IANS  


Mumbai, July 10 (IANS) The Indian equities market ended the day with a minimal loss on the back of modest selling pressure in banking, power and capital goods stocks. The market started on a weak note but recovered some ground by afternoon and ended the day in the negative zone.

Indian equity market closed with the loss 30 shares benchmark of the Bombay Stock Exchange which opened at 13,861.60 points, touched a low of 13,763.94 before closing at 13,926.24

It went down by 38.02 points or 0.27 percentages at the day’s close.

The National Stock Exchange S&P NIFTY, which opened at 4,155.65 points, closed at 4,162.20 points. It went up by 5.10 points or 0.12 percent.

The BSE Midcap index, which closed at 5,475.20 points, went up by 4.52 points or 0.08 percent.

BSE Smallcap index which closed at 6,809.24 points went up by 19.36 points or 0.29 percent.

The market breadth was positive. On BSE, 1,453 shares advanced, 1,171 declined and 73 maintained status quo.

The gainers of the day were Hindalco at Rs.153.65 went up by 5.49 percent, ACC at Rs.552.80 gained 3.12 percent, and Tata Steel at Rs.698.95 went up by 3.11 percent.

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