Market ends down amid volatility: Bank down; energy up

10 April 2008

The markets closed in red amid volatile trades. It was a disappointing day as the markets couldn't sustain at the higher levels. The BSE oil & gas index outperformed the other sectoral indices. Most of the energy stocks are providing support at the lower levels. The BSE midcap and small cap indices are also witnessing good buying interest. On the global front, Asian market ended mixed and European markets trading lower.

Bank, FMCG, realty stocks were witnessing selling pressure.

Top gainers on the bourses were Reliance Energy, TCS, Reliance Industries, Cairn India and Reliance Petroleum while losers - Bharti Airtel, Ranbaxy, HDFC Bank and Suzlon Energy.

Reliance group stocks are trading with strong buying support and are the most active counters on the bourses.

The BSE Midcap Index ended at 6,478.96 up 0.12%.

The BSE Smallcap Index ended at 8,031.06 up 1%.