Equity markets end in green hours before trust vote

Indian equity markets ended the day Tuesday with a slight gain, hours before the crucial trust vote in parliament that will decide the fate of the Manmohan Singh government.

Mumbai, Maharashtra, India, 2008-07-22 18:45:03
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Indian equity markets ended the day Tuesday with a slight gain, hours before the crucial trust vote in parliament that will decide the fate of the Manmohan Singh government.

The market started on a flat note and continued lacklustre trading, managing to end with a slight gain. All the sectoral indices barring automobiles ended the day in green.

The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 13,837.64 points, touched a low of 13,798.18 before closing at 14,104.20 points. It went up by 254.16 points or 1.84 percent compared to its closing figure Monday.

The S and amp;P CNX Nifty index of the National Stock Exchange, which opened at 4,158.45 points, closed at 4,240.10. It went up by 80.60 points or 1.94 percent from its previous close.

The BSE Midcap index, which closed at 5,346.03 points, went up by 89.04 points or 1.69 percent.

The BSE Smallcap index, which closed at 6,536.42 points, went up by 98.44 points or 1.53 percent.

The market breadth was positive. On BSE, 1,849 shares advanced, 734 declined and 74 maintained status quo.

The top gainers of the day included Reliance Infrastructure at Rs.919.30 up 6.83 percent, BHEL at Rs.597.50 up 6.04 percent, ITC at Rs.189.90 up 6 percent and Wipro at Rs.394.75 up 5.93 percent.

The top losers of the day included Maruti Suzuki at Rs.587.95 down 9.29 percent, Jaiprakash Associates at Rs.159.45 down 4.26 percent, Bharti Airtel at Rs.778.75 down 2.47 percent and DLF at Rs.454.15 down 2 percent.

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