Market ends with loss in choppy trade (Roundup)July 14th, 2008 - 6:17 pm ICT by IANS
Mumbai, July 14 (IANS )The Indian equities market ended the day with loss amidst choppy trade. Selling pressure was witnessed by technology, FMCG and select banking stocks. The market started on a weak note and extended its loss by afternoon and ended the day in the negative zone.
The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex) which opened at 13,360.34 points, touched a low of 13,269.62 before closing at 13,330.51 points. It went down by 139.34 points or 1.03 percent at the day’s close.
The National Stock Exchange (NSE) S & P Nifty, which opened at 4,047.45 points, closed at 4,039.70 points. It went down by 9.30 points or 0.23 percent.
The BSE Midcap index, which closed at 5,330.80 points, went down by 34.35 points or 0.64 percent.
BSE Smallcap index which closed at 6,640.06 points went down by 73.60 points or 1.10 percent.
The market breadth was negative. On BSE, 1,009 shares advanced, 1,576 declined and 64 maintained status quo.
The gainers of the day were ONGC at Rs.876.80 went up by 3.24 percent, NTPC at Rs.167.00 gained 3.15 percent and Mahindra and Mahindra at Rs.546.45 went up by 2.91 percent.
The top losers of the day included Ranbaxy Labs at Rs.475.90 down by 10.45 percent, Satyam at Rs.409.25 lost 7.92 percent, and Infosys at Rs.1,556.10 lost 7.18 percent.