Stocks rebound powered by banks, oil & gas
18 Sep, 2008, 1545 hrs IST, ECONOMICTIMES
Equities staged a smart recovery to close in the positive terrain Thursday following bounce back in banks and oil&gas heavyweights.
Bombay Stock Exchange’s Sensex closed at 13,326.51, up 63.61 points or 0.48 per cent. The 30-share index touched a high of 13,346.79 and low of 12,558.14 in the day.
National Stock Exchange’s Nifty ended at 4,043.95, up 35.70 points or 0.89 per cent. The broader index touched a high of 4,050.10 and low of 3,799.55 in intra-day trade.
BSE Midcap Index closed at 5083.38 down 1.09 per cent and BSE Smallcap Index ended 2.24 per cent lower at 6,075.46.
NTPC (3.79%), HDFC Bank (3.60%), Sterlite Industries (3.41%), Reliance Industries (3.06%) and ICICI Bank (2.98%) were the major Sensex gainers.
Ranbaxy Laboratories (-9.81%), Jaiprakash Associates (-7.76%), Infosys Technologies (-3.64%), DLF (-3.60%) and Tata Steel (-3.16%) were amongst the top losers.
Market breadth was negative on the BSE with 1,927 losers and 693 gainers.
(All figures are provisional)
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