Sensex closes with a loss of nearly 100 points

April 10th, 2008 - 6:53 pm ICT by admin  


Mumbai, April 10 (IANS) A volatile Indian equities market closed in the red amidst choppy trade Thursday due to selling in key sector scrips, though global cues were mixed. The market that opened in the red as per international cues went flat and failed to recover in the second half. While banking scrips went down, energy scrips were strong.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened with a loss of 35.64 points at 15,574.87 and notched a high of 15,953.54 before closing at 15,695.10. It lost 95.41 points or 0.60 percent compared to Wednesday’s close.

The S&P CNX Nifty index on the National Stock Exchange (NSE), which opened at 4,747.55 points, closed at 4,733.00 after touching the day’s high at 4,799.50. At Thursday’s close, it registered a loss of 14.05 points or 0.30 percent from the previous close.

The BSE Midcap index, which closed at 6,478.96 points, went up 7.45 points or 0.12 percent.

Similarly, the BSE Smallcap index, which closed at 8,031.06 points, went up 89.95 points or 1.13 percent.

On BSE, the market breadth was moderate with low trading volumes. A total of 1,715 shares advanced, 948 declined and 67 remained unchanged.

Other Asian markets, barring KOSPI and Taiwan, also closed in the red Thursday.

At BSE, top gainers of the day included Reliance Energy at Rs.1,253.35, up 6.50 percent, TCS at Rs.900.75, up 2.75 percent, Reliance at Rs.2,467.70, up 2.05 percent and Larsen & Toubro at Rs.2,678.30, up 1.55 percent.

The top losers of the day included ICICI Bank at Rs.800.95, down 4.25 percent, HDFC Bank at 1,325.55, down 3.67 percent, Ranbaxy at Rs.450.65, down 4.20 percent and Jaiprakash Associates at Rs.212.80, down 3.07 percent.

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