Markets ends in green: Banks, cap goods, power outperform

09 April 2008

The markets closed in green amid choppy trades. Indian markets outperformed the Asian peers. On the global front, Asian markets were trading lower, Shanghai is down 5%.

Buying support was seen from banking, capital goods, power, metal, oil stocks. Midcaps and small caps are trading higher with a gain of over 1.5%. Realty, FMCG and auto stocks are under pressure. Market breadth was positive, nearly 3:1.

Top gainers on the bourses were L&T, BHEL, Tata Steel, Tata Power, Tata Communications and SAIL while losers - Grasim, Maruti, M&M, Unitech and Sterlite Industries.

Sensex closed up 202.89 points or 1.30% at 15790.51, and the Nifty up 37.40 points or 0.79% at 4747.05.

About 1821 shares have advanced, 804 shares declined, and 447 shares are unchanged.

The BSE Midcap Index ended at 6,344.72 up 1.3%.