Market trading with loss in early trade

July 8th, 2008 - 12:12 pm ICT by IANS  


Mumbai, July 8 (IANS) The Indian equities market was trading with loss in opening trade Tuesday. Selling pressures were witnessed by realty, banking and metal stocks. The 30-share benchmark sensitive index of Bombay Stock Exchange opened with a loss of 233.19 points at 13,292.80 points. Ten minutes into the trade, the sensex was trading at 13,154.28 with a loss of 371.17 points or 2.75 percent.

At the same time, S&P Nifty of National Stock Exchange was trading at 3,915.55 points with a loss of 114.45 points or 2.84 percent compared to its last close.

The market breadth was negative. On BSE, 286 shares advanced compared to 913 that declined and 26 that remained unchanged.

Reiance Infrastructure, Jaiprakash Associate, ICICI bank were among the major losers in initial trade.

Asian markets were trading lower.

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