Markets continue their gaining streak (Roundup)August 11th, 2008 - 6:23 pm ICT by IANS
Mumbai, Aug 11 (IANS) The Indian equities markets continued their gaining rally and ended the day with a modest gain on the back of firm global cues and further fall in crude oil prices. Banking, realty and oil and gas stocks led the rally.
The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 15,430.31 points, touched a high of 15,520.71 points before closing at 15,503.92 points.
It went up 336.1 points or 2.22 percent at the day’s close.
The National Stock Exchange (NSE) S&P Nifty, which opened at 4,529.35 points, closed at 4,620.4 points. It went up 90.9 points or 2.01 percent.
The BSE Midcap index, which closed at 5,982.68 points, went up 95.71 points or 1.63 percent.
BSE Smallcap index, which closed at 7,271.35 points, went up 89.61 points or 1.25 percent.
The market breadth was positive. On the BSE, 1,736 shares advanced, 971 declined and 69 maintained the status quo.
The top gainers of the day included Jaiprakash Associates, which at Rs. 183.50 went up 7.68 percent, Reliance Infrastructure at Rs. 1,031.65 rose 6.86 percent, and ICICI Bank at Rs.728.90 increased 5.74 percent.
Top losers of the day included Sterlite Industries, which at Rs.639.20 lost 2.24 percent, TCS at Rs.842.55 went down 1.06 percent, and Tata Steel at Rs.651.20 fell 0.98 percent.
Tags: benchmark, bombay stock exchange, crude oil prices, cues, gas stocks, jaiprakash associates, market breadth, midcap index, national stock exchange, nse, oil and gas, roundup, rs 1, sensex, sensitive index, sterlite industries, tata steel, tcs, top gainers, top losers