Market ends flat amid volatility: Power stocks rally
16 October 2007
Power stocks were the star performers of the day. Tata Power up over 20%, followed by Power Grid, Neyville Lignite, Reliance Energy and NTPC.
Selling pressure was seen in IT, auto and oil & gas stocks. Cues from the global markets were not very encouraging today.
IDBI post its Q2 numbers was down 2.5%, its standalone NII at Rs 144.7 crore versus Rs 134.9 crore.
Most of the BSE key indices ended in red except bankex, consumer durable and realty index.
Top gainers on the indices were ICICI Bank, Reliance Energy and Siemens were among the top gainers.
Top losers on the indices were Infosys, HUL, M&M, Sun Pharma, Zee Ent and Nalco.
