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Old 08-11-2008, 04:35 PM   #1 (permalink)
 
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Default Benchmarks close over 2% up

Fresh bout of buying towards close of trade Monday helped benchmark indices close over 2 per cent higher. Banks, real estate were gained while IT stocks ended in the red.

Bombay Stock Exchange’s Sensex closed at 15,497.05, up 329.23 points or 2.17 per cent. It touched a high of 15,520.71 and low of 15,367.97.

National Stock Exchange’s Nifty ended at 4620.15, up 90.65 points or 2 per cent. The broader index touched a high of 4625.20 and low of 4529.35 in the day.

BSE Midcap index ended 1.58 per cent up at 5980.22 and BSE Smallcap Index closed 1.22 per cent up at 7,269.65.

BSE Realty Index closed 5.31 per cent up at 5,801.34 and BSE Bankex ended 3.76 per cent higher at 7,673.25. BSE IT Index ended flat-to-negative at 3,882.07.

Biggest Sensex gainers were Jaiprakash Associates (8.17%), Reliance Infrastructure (7.76%), Maruti Suzuki (5.16%), ICICI Bank (4.93%), State Bank of India (4.92%) and ONGC (4.31%).

Losers comprised Sterlite Industries (-2.24%), Tata Consultancy Services (-1.06%), Tata Steel (-0.98%) and Infosys Technologies (-0.58%).

Market breadth was positive on the BSE with 1723 advances and 985 declines.

In Europe, FTSE was up 0.70 per cent, DAX gained 0.33 per cent and CAC 40 was up 0.46 per cent.
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