Sensex back in the green (Lead)

April 21st, 2009 - 2:32 pm ICT by IANS  

Sensex Mumbai, April 21 (IANS) Indian equities were trading mixed a little after noon Tuesday, with a key index ruling just above its last closing figure shortly after the central bank cut key rates by 25 basis points.
Around 12:30 p.m., the Bombay Stock Exchange (BSE) sensitive index (Sensex), which had opened at 10,765.39 points, was at 11,001.83 points, 0.2 percent or 22.33 points higher than its previous close Monday.

However, the S&P CNX Nifty of the National Stock Exchange (NSE) was at 3,388.15 points, 0.33 percent up from its last close of 3,377.1 points.

Among broader market indices the BSE midcap index fell 0.13 percent, while the BSE smallcap index was up 0.13 percent.

Of the 13 sectoral indices on the BSE, the indices for FMCG, telecom and realty stocks gained the most.

Gainers among the scrips on the 30-composite Sensex were Bharti Airtel, up 4.67 percent at Rs.721; ITC, up 2.88 percent at Rs.189.50; Hindalco, up 2.61 percent at Rs.54.95, and Tata Power, up 2.18 percent at Rs.878.

Among the losers were Tata Motors, down 4.49 percent at Rs.235.05; Sterlite, down 3.86 percent at Rs.383.90; ICICI Bank, down 3.79 percent at Rs.410.40, and Tata Steel, down 3.61 percent at Rs.253.35.

In other Asian markets, a key Japanese index - the Nikkei of the Tokyo Stock Exchange - closed marginally in the red Tuesday at 8,711.33 points, about 213.42 points lower than its last closing figure.

The Hang Seng, a key index of the Hong Kong Stock Exchange, closed lower and was ruling in the negative terrain at 15,272.2 points, 478.71 points over its previous close.

Overnight US stock markets closed in the red with the blue-chip Dow Jones Industrial Average rising slightly by 289.6 points, or 3.56 percent, to 7,841.73 points.

The broader Standard and Poor’s 500 Index lost 37.21 points, or 4.28 percent, to 832.39. The technology-heavy Nasdaq Composite Index shed 64.86 points, or 3.88 percent, to 1,608.21 points.

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