Markets end in red, Sensex slips amid high volatility (Roundup)

April 20th, 2009 - 6:18 pm ICT by IANS  

Sensex Mumbai, April 20 (IANS) Indian equities markets closed in the red Monday, with a key index turning volatile to fall 43 points below its last close.
The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 11,065.1 points, higher than its Friday close, fell 230 points from the day’s high to close at 10,979.5 points - a decrease of 43.59 points or 0.4 percent.

The Sensex touched an intra-day high of 11,209.66 points and a low of 10,863.28 points.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) lost 0.22 percent from its previous close to end trade at 3,377.1 points.

However, the BSE midcap index gained 1.62 percent, while the BSE smallcap index was up 1.51 percent.

Of the 13 sectoral indices on the exchange, that for metal, capital goods and consumer durables gained the most, while the banking scrips saw profit booking.

Among gainers on the Sensex were Reliance Infra, up 5.83 percent at Rs.697; Jaiprakash Associates, up 5.02 percent at Rs.117.15; Tata Motors, up 4.15 percent at Rs.246.10; and Sterlite, up 2.81 percent at Rs.399.30.

Losers included ICICI, down 3.38 percent at Rs.426.55; NTPC, down 3.37 percent at Rs.186.55; Hindalco, down 2.46 percent at Rs.53.55; and Grasim, down 2.42 percent at Rs.1,595.20.

The overall market sentiment was mixed, with 1,498 stocks advancing, 1,032 declining and 85 remaining unchanged.

In Japan, Tokyo stocks ended marginally in the green Friday with the benchmark Nikkei 225 Stock Average closing at 8,924.75 points, 17.17 points higher than its previous close.

Comparatively, the Hang Seng, a key index of the Hong Kong Stock Exchange, closed in the green, ending trade at 15,705.91 points, an increase of 149.64 points from its last closing figure.

European markets were trading in the negative terrain, with the FTSE in Britain ruling 1.16 percent lower than its previous close, and its French peer CAC 40 ruling 2.08 percent down.

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