Chitika

Monday, November 8, 2010

Nifty below 6300; ONGC, ICICI, Infosys down

MUMBAI: Benchmarks continued to witness profit booking as investors booked profits at higher levels. Subdued cues from European peers kept the bulls under check. 

At 2:30 pm; National Stock Exchange’s Nifty was at 6293.80, down 18.65 points or 0.30 per cent. The broader index touched low of 6268.70 and high of 6335.90 in trade so far. 

Bombay Stock Exchange’s Sensex was at 20917.96, down 87 points or 0.41 per cent. The 30-share index touched intraday low of 20845.77 and high of 21075.71.

BSE Midcap Index was flat and BSE Smallcap Index was 0.20 per cent higher. 

Sectorally, BSE IT Index was down 1.36 per cent and BSE Bankex declined 0.93 per cent. BSE Metal Index was up 0.79 per cent and BSE Healthcare Index was up 0.70 per cent. 

Sensex losers included ONGC (-2.11%), ICICI Bank (-1.74%), Infosys Technologies (-1.62%), HDFC Bank (-1.48%) and NTPC (-1.45%). 

Jaiprakash Associates (3.59%), Sterlite Industries (3.61%), ACC (2.94%), Tata Motors (2.12%), and Tata Steel(1.95%) were amongst the top gainers. 

Market breadth was negative on the BSE with 1538 declines against 1333 advances. 

European markets were witnessing a lackluster session. CAC 40 was down 0.18 per cent and DAX slipped 0.03 per cent. FTSE 100 was up 0.09 per cent.

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