Market trading flat in early trade

July 1st, 2008 - 12:18 pm ICT by IANS  

Mumbai, July 1 (IANS) The Indian equities market, which opened with a gain Tuesday, was trading flat in early trade. The 30-share benchmark sensitive index of Bombay Stock Exchange opened with a gain of 28.42 points at 13,480.02 points. Ten minutes into the trade, the sensex was trading at 13,453.95 with a loss of 7.65 points or 0.06 percent.

At the same time, the S&P Nifty of National Stock Exchange was trading at 4,005.65 points with a loss of 34.90 points or 0.86 percent compared to its last close.

The market breadth was negative. On BSE, 475 shares advanced compared to 920 that declined and 36 that remained unchanged.

Hindalco Industries, Satyam Computers and Jaiprakash Associates were among the top gainers while Bharti Airtel, DLF and Maruti Suzuki were among the top losers in the initial trade.

Asian markets were trading mixed.

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