Realty, banking and metal stocks pull up equity markets (Roundup)June 17th, 2008 - 8:42 am ICT by IANS
Mumbai, June 16 (IANS) The Indian equity markets closed on the up Monday, thanks to sustained buying in realty, banking and metal stocks. The market started with a positive gap, held onto the early gains and closed the day in the positive zone.
The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened at 15,333.07 points and touched a high of 15,553.37 before closing at 15,395.82. It went up by 206.20 points or 1.36 percent compared to its closing figure Friday.
The S&P Nifty index of the National Stock Exchange, which opened at 4,536.30 points, closed at 4,572.50. It went up by 55.40 points or 1.23 percent from its previous close.
The BSE Midcap index, which closed at 6,299.72 points, went up by 71.55 points or 1.15 percent.
The BSE Smallcap index, which closed at 7,669.11 points, went up by 87.39 points or 1.15 percent.
The market breadth was positive. On BSE, 1,776 shares advanced, 872 declined and 76 maintained status quo.
The top gainers of the day included ICICI Bank at Rs.798.70 up 4.43 percent, Reliance Infrastructure at Rs.1060.80 up 3.97 percent and Bharti Airtel at Rs.839.60 up 3.15 percent.
The top losers of the day included Hindalco at Rs.171.35 down 2.31 percent, BHEL at Rs.1,527.55 down 2.15 percent and Reliance communication at Rs.535.10 down 1.52 percent.