Sensex gives up early gains (Lead)
May 9th, 2011 - 1:15 pm ICT by IANS
Mumbai, May 9 (IANS) A benchmark index for Indian equities markets Monday gave up its slender early morning gains to rule 115 point lower, a little before noon. Broader indices too slipped and were ruling flat.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,628.63 points, was ruling at 18,404.7 points, down 114.11 points or 0.59 percent from its previous close at 18,518.81 points.
The Sensex had risen to an early high of 18,643.58 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was also trading in the green at 5,517.05 points, down 0.62 percent.
Broader markets too shed their morning gains and were ruling flat with the BSE midcap index down 0.07 percent and the BSE small cap index up 0.06 percent.
Auto, banking and IT stocks were in the red, while realty and metals stocks saw moderate buys.
The market breadth was tilted towards the negative with 1,094 stocks advancing, 1,215 on the decline and 122 remaining unchanged.
Among gainers on the Sensex were Bharti Airtel, Hindalco and Tata Power while the losers included Tata Motors, Jaiprakash Associates, ONGC and Hero Honda.
Asian markets were up except for the Japanese bourse, which was pulled down by auto stocks and worries of a power shortage after the country’s government warned that shutting down of several nuclear power plants could lead to shortfall in electric supply.
The Japanese stock exchange was ruling 0.74 percent lower at 9,786.51 points.
The Chinese Shanghai composite index was ruling 0.23 percent higher at 2,870.45 points, while Hong Kong’s Hang Seng was trading 0.86 percent up at 23,358.39 points.
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- Sensex up moderately in early trade - May 09, 2011
- Indian equities markets end tame (Roundup) - May 09, 2011
- Sensex subdued in afternoon trade - Jun 06, 2011
- Sensex slips in morning trade - Jan 06, 2012
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Sensex in red, auto stocks fall in morning trade - May 04, 2011
- Sensex slips after touching 18,000 points - Mar 14, 2012
- Benchmark indices subdued, midcaps rise - Feb 09, 2012
- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Sensex in red in opening trade - Jun 15, 2011
- Sensex still weak, broader markets in red (Lead) - Feb 21, 2011
- Indian equities markets range bound, Sensex flat - Jun 07, 2011
- Indian stock markets begin 2012 on negative note - Jan 02, 2012
- Sensex slips from morning highs - Feb 18, 2011
Tags: asian markets, auto stocks, benchmark index, bharti airtel, bombay stock exchange, cap index, hang seng, hero honda, hindalco, japanese stock, market breadth, midcap index, national stock exchange, nuclear power plants, ongc, power shortage, sensitive index, shanghai composite index, tata motors, tata power