Markets end in the green after volatile trading (Roundup)

March 27th, 2009 - 7:29 pm ICT by IANS  

Sensex Mumbai, March 27 (IANS) Indian equities markets closed in the green Friday after fluctuating around its previous closing figure through most part of the day. A key index ended trade 0.45 percent higher than its previous close.
The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 10,036.8 points, ended at 10,048.49 - a rise of 45.39 points or 0.45 percent from its previous close.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) gained 0.83 percent from its last close to rule at 3,107.8 points.

The BSE midcap index was ruling 2.09 percent higher, while the BSE smallcap index was up 1.59 percent.

Of the 13 sectoral indices on the exchange, the indices for metal and healthcare stocks ended in the positive terrain, while IT and oil and gas stocks saw selling.

Gainers of the 30-scrip composite Sensex were led by Tata Motors, up 9.32 percent at Rs.188.80; Tata Steel, up 9.13 percent at Rs.223.50; Reliance Communications, up 8.95 percent at Rs.183.85, and Hindalco up 5.26 percent at Rs.55.05.

Among the losers on the Sensex were HDFC, down 3.88 percent at Rs.1,589.15; Infosys, down 2.46 percent at Rs.1,346.75; BHEL, down 1.19 percent at Rs.1,551.40, and Reliance, down 1.18 percent at Rs.1,548.

However, the overall market sentiment was positive, with 1,527 stocks advancing, 1,018 scrips declining and 113 remaining unchanged.

The rally in Asian markets seemed to have lost some steam as key indices slipped, though marginally, into the red.

The Hang Seng, a key index of the Hong Kong Stock Exchange, ended trade 0.07 percent or 10.52 points higher at 14,119.5 points, while a key Japanese index, the Nikkei, closed in the red, 9.36 points down at 8,626.97.

European markets, which came online before Indian bourses ended trade, were in the red with the FTSE in Britain trading 0.05 percent lower than its previous close, and its French peer, CAC 40, trading in the negative terrain, 39.45 points or 1.36 percent lower.

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