Sensex closes on a -Ve note; banks dip

Business

oi-Religare

By Nairita Das

Published: Tuesday, January 25, 2011, 16:49 [IST]

Mumbai, Jan 25: The 30-share BSE Sensex closed at 18,969, with loss of 182 points and the 50-share NSE Nifty plunged 55 points to 5,687.

BPCL, GAIL, Siemens, Ambuja Cements, who among the top gainers, were at 4.95 percent, 3.12 percent, 2.67 percent, 1.89 percent up respectively.

HUL, ICICI Bank, Dr Reddys Labs, HDFC Bank, who among the top losers, were at 5.39 percent, 4.24 percent, 3.50 percent, 2.99 percent down respectively.
4:52 PM

Sensex loses 55pts; Nifty 18

At 1:56 pm, the 30-share BSE Sensex went down by 55 points at 19,095 and the 50-share NSE Nifty fell 18 points to 5,725.

BF Utilities, Money Matters, Shriram City, eClerx Services and Emami, who among midcap, were 4-7 percent up.

Simplex Infra, BOC India, SKS Microfinance, Raymond and Apollo Hospital, among the midcap, however, lost lost 2.5-4.5 percent.

Heavyweights like Reliance Industries, ICICI Bank, HDFC Bank, ONGC, PNB, Wipro, HUL, Tata Motors and Sun Pharma and Technology shares too declined.
2:40 PM

Nifty gains 18 pts during noon trades

At 12:49 pm, the 30-share BSE Sensex was trading at 19,208, up 57 points and the 50-share NSE Nifty went up 18 points to 5,762. About 738 shares advanced as against 526 shares declined on National Stock Exchange.

Equity benchmarks extended gains as the policy rates hike by RBI came in on expected lines. The Nifty too hit the 5800-mark but more than half of the gains immediately got wiped out after the central bank's forecast about GDP growth and inflation.

The RBI upped repo, reverse repo rates by 25 bps each to 6.5 percent and 5.5 percent, respectively. Even 1 percent SLR leeway has been extended till Apr 8.
1:10 PM

Markets begin on +Ve note amid volatility

Following the buying in Metal, oil & gas, telecom, capital goods, healthcare and select technology companies' shares, NSE Nifty began trading on a positive note though amid volatility on Tuesday, Jan 25.

At 9:58 am, the 30-share BSE Sensex was trading at 19,221, up 70 points and the 50-share NSE Nifty rose 19 points to 5,762. The CNX Midcap went up 35 points to 8,319.

Major banks were down during the opening trade on Jan 25. Infosys, Sesa Goa, Cairn India and SBI were marginally in red.

However, L&T, Bharti Airtel, HUL, Wipro, Sterlite Industries, Hindalco, M&M, Dr Reddy's Labs, TCS, SAIL and Sun Pharma, who among frontliners, were on buyers' radar.
10:27 AM

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