Markets begin day with profits (Lead)

July 24th, 2008 - 12:18 pm ICT by IANS  

A file-photo of Sensex

Mumbai, July 24 (IANS) The Indian equities market continued its good run on the back of strong global cues and falling crude oil prices Thursday. Banking, capital goods, realty and telecom stocks were in demand at early trade while technology stocks were facing selling pressure. The 30-share benchmark sensitive index of Bombay Stock Exchange (BSE) opened with a gain 140.09 points at 15,081.29 points. Ten minutes into the trade, the Sensex was trading at 15,084.66 with a gain of 142.28 points or 0.95 percent.

At the same time, the S&P Nifty of the National Stock Exchange was trading at 4,522.90 points with a gain of 46.10 points or 1.03 percent compared to its last close.

The market breadth was positive. On BSE, 878 shares advanced compared to 147 that declined and 14 remained unchanged.

ONGC, Airtel, Reliance Infrastructure were among the top gainers while Wipro, Infosys and TCS Ltd were among the top losers at the initial trade.

Asian markets were trading higher.

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