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Wednesday, August 13, 2008
UPDATES ON AUG 14 2008
AUG 14 THURSDAY
MARKETS END WEAK FOR SECOND DAY IN A ROW.
Losses in banks and select blue chips triggered by weak
global markets , led Indian shares lower for the second
consecutive session on Wednesday.
Sentiment was also weakened by a Federal Government panel
saying it expects economic growth to slow down to
7.7 % in the current financial year that began April 1
due to a global slowdown and a sharp rise in
inflation.
The Bombay Stock Exchange's 30 stock sensitive index ,
or sensex fell 119.01 points or 0.8 % to end at 15093.12.
Stock markets will closed on Friday due to a national
holiday.
On the National Stock Exchange , the 50 stock S&P CNX
Nifty declined 23.20 points or 0.5 % to close at 4529.05.
Losers beat gainers 1420 to 1238 while 90 stocks were unchanged.
The BSE'S 18 Stock Bankex declined 2.2 % to close at 7271.40
after closing 4.2 % lower on Tuesday as traders continued to
book profits.
GAINER OF THE DAY
Sterlite was the biggest gainer rising 2.7 % to Rs 613 on
bargain hunting,
Infosys ended 1.3 % higher at Rs 1625.20
LOSERS OF THE DAY
ICICI Bank fell 3.8 % to Rs 710.55.
HDFC Bank lost 3.7 % to Rs 1217.20.
Larsen And Toubro fell 1.9 % to Rs 2795.85
ONGC declined 0.3 % to RS 1084.85
Bharti Airtel closed 0.2 % lower at Rs 821.60.
MARKETS END WEAK FOR SECOND DAY IN A ROW.
Losses in banks and select blue chips triggered by weak
global markets , led Indian shares lower for the second
consecutive session on Wednesday.
Sentiment was also weakened by a Federal Government panel
saying it expects economic growth to slow down to
7.7 % in the current financial year that began April 1
due to a global slowdown and a sharp rise in
inflation.
The Bombay Stock Exchange's 30 stock sensitive index ,
or sensex fell 119.01 points or 0.8 % to end at 15093.12.
Stock markets will closed on Friday due to a national
holiday.
On the National Stock Exchange , the 50 stock S&P CNX
Nifty declined 23.20 points or 0.5 % to close at 4529.05.
Losers beat gainers 1420 to 1238 while 90 stocks were unchanged.
The BSE'S 18 Stock Bankex declined 2.2 % to close at 7271.40
after closing 4.2 % lower on Tuesday as traders continued to
book profits.
GAINER OF THE DAY
Sterlite was the biggest gainer rising 2.7 % to Rs 613 on
bargain hunting,
Infosys ended 1.3 % higher at Rs 1625.20
LOSERS OF THE DAY
ICICI Bank fell 3.8 % to Rs 710.55.
HDFC Bank lost 3.7 % to Rs 1217.20.
Larsen And Toubro fell 1.9 % to Rs 2795.85
ONGC declined 0.3 % to RS 1084.85
Bharti Airtel closed 0.2 % lower at Rs 821.60.
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