Thursday, July 9, 2009

Sensex returns to negative zone

Sensex returns to negative zone
MUMBAI: The Indian markets remain in negative zone on Thursday. Nevertheless, the opening was positive. After the lots of up and down the Bombay Stock Exchange benchmark Sensex closed flat at 13,757, down 11 points. While the wide-based National Stock Exchange index Nifty ended at 4080, down 2 points.

The Intraday range for the day was 236 points and it touched a high of 13,879. The BSE Metal added 1.5%, followed by Health care and FMCG indices up 1% each. Consumer Durables and Capital Goods indices were down 1% each. The market breadth was negative - out of 2,638 shares traded, 1,462 declined and 1,078 advanced on the BSE.

Reliance Infrastructure and Sun Pharma advanced around 2.5% each to Rs 1,101 and Rs 1,170, respectively.TCS and Sterlite added over 2% each to Rs 388 and Rs 557, respectively. Tata Power and HDFC Bank increased over 1.5% each to Rs 1,099 and Rs 1,399, respectively. Jaiprakash Associates, Reliance and Hero Honda were up 1% each.

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