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Market Movement as on Friday, 29-08-2008

Profit taking in afternoon trade capped gains on the bourses. GDP figures less than expected and softening of inflation raised hopes put on the brakes for the gaining Sensex. Market breadth was quite positive. European markets were mixed in opening trade.

BSE Sensex ended up 516.19 points or 3.67 5 at 14,564.53. BSE Midcap ended up 133.44 points or 2.38 % at 5,742.29. BSE Smallcap ended up 109.34 points or 1.61 % at 6,891.64.

Nifty ended up 146.00 points or 3.46 % at 4,360.00.

Top gainer BSE sectoral indices were :

 

  • Bankex ended up 413.28 points or 6.27 % at 7,009.69. Kotak Bank ended up  8.79 %, Union Bank ended up 8.60 %, Oriental Bank ended up 8.48 %.

  • Realty ended up 242.18 points or 5.10 % at 4.995.25. IndiaBulls ended up 11.51 %, DLF ended up 5.35 %.

  • PSU ended up 238.91 points or 3.67 % at 6,747.07. Most of the PSU banks advanced. The least advanced shares on the index are Rashtriya Chemicals ended up 0.25 % only, BEML ended up just 0.88 % and Bongaigaon Refinery ended up 0.94 %.

 

 

None of the BSE sectoral indices ended down today.

 

Top gainer stocks from BSE Sensex were :

  • SBI ended up Rs. 94.15 or 7.19  % at Rs. 1,403.60.

  • Rel Infra ended up Rs. 55.85 or 5.97 % at Rs. 991.15.

  • ICICI Bank ended up Rs 37.60 or 5.93 % at Rs.671.50

No stocks from BSE Sensex were loser.

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