Wednesday, October 24, 2007

As a result of profit Booking. Market sees red.

The markets have give up all its early gains and have slipped in red on the back of heavy selling pressure seen in IT, auto, oil & gas stocks. Realty, metal and capital goods are stiull holding up in green, however they are also witnessing immense pressure.

At 11.15 am, the Sensex is down 29.84 points or 0.16% at 18463.00, and the Nifty down 1.75 points or 0.03% at 5471.95. About 1607 shares have advanced, 1320 shares declined, and 126 shares are unchanged.

Top gainers on the Nifty are Siemens at Rs 1,725 up 3.75%, Reliance Energy at Rs 1,573.35 up 3.32% and SAIL at Rs 244.30 up 3.30%.

Top losers on the Nifty are NALCO at Rs 278 down 3.07%, GAIL at Rs 397 down 2.83% and Grasim at Rs 3,592.90 down 2.76%.

Most active shares on NSE are Reliance Energy at Rs 1,579 with 3,385,798 shares, Bharti Airtel at Rs 1,002.95 with 2,921,970 shares and Reliance at Rs 2,588.90 with 1,107,194 shares.

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