Sensex ruling in tight range, broader markets give up gains (Lead)
February 7th, 2011 - 1:25 pm ICT by IANS
Mumbai, Feb 7 (IANS) A benchmark index for Indian equities markets around Monday noon was trading in a tight range, even as broader markets gave up their early gains.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,135.02 points, was ruling at 18,085.51 points, up 77.36 points or 0.43 percent from its previous close at 18,008.15 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange was trading 0.21 percent higher at 5,406.85 points.
Broader markets, which had moved up in morning trade, slipped with the BSE midcap index ruling 0.27 percent down and the BSE small cap index trading 0.37 percent lower.
Healthcare, consumer durables and capital goods scrips were in the red, while FMCG and realty stocks gained.
The market breadth was negative, with 1,199 stocks advancing compared to 1,350 scrips on the decline. A total of 83 stocks remained unchanged.
The major gainers on the Sensex were Hero Honda, ITC, Bharti Airtel and HDFC Bank. The losers included Cipla, Hindalco Industries, Tata Motors and Wipro.
Other Asian markets saw some recovery as traders took some hope from the US employment data, which showed recovery in the job market.
The Japanese Nikkei moved up 0.44 percent to rule at 10,589.73 points, while Hong Kong’s Hang Seng was trading 0.49 percent down at 23,791.46 points.
The Chinese markets were closed on account of the annual Lunar New Year holidays.
- Sensex makes up intra-day losses, closes 60 points up (Second Lead) - Feb 07, 2011
- Sensex ends 441 points lower on Egypt turmoil, high inflation (Roundup) - Feb 04, 2011
- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Sensex in red in opening trade - Jun 15, 2011
- Sensex moves up in noon trade (Lead) - Dec 14, 2010
- Sensex gives up early gains, broader markets holding on (Lead) - May 30, 2011
- Indian equities markets range bound, Sensex flat - Jun 07, 2011
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Indian equities markets muted in early trade - May 10, 2011
- Sensex weak in early trade - Feb 03, 2011
- Sensex quiet in morning trade - Jan 04, 2012
- Sensex slips after touching 18,000 points - Mar 14, 2012
- Sensex rises in afternoon trade, capital goods scrips lead - Mar 21, 2012
- Sensex in red, range-bound (Lead) - Jun 08, 2011
- Sensex ruling lower, IT, telecom drag broader markets - Jun 17, 2011
Tags: benchmark index, bharti airtel, bombay stock exchange, cap index, chinese markets, consumer durables, employment data, hdfc bank, healthcare consumer, hero honda, hindalco industries, index trading, lunar new year, market breadth, national stock exchange, new year holidays, realty stocks, sensitive index, tata motors, tight range