Mkts decline on weak Asian cues; oil & gas, telecom, IT dip - Moneycontrol.com

By
Viraj
on April 28, 2009 9:29 PM | | TrackBacks (0)
At 10:24 hours IST, the benchmark indices were trading marginally lower amid volatility. Telecom, oil & gas, technology, FMCG, select power and metal stocks and individual stocks like BHEL, HDFC and ICICI Bank were under pressure. However, SBI, L&T, Axis Bank, M&M, DLF, Maruti and Ambuja Cements were witnessing buying interest.

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Weak Asian markets also weighed on our markets. Hang Seng, Nikkei, Kospi and Taiwan Weighted fell 1-1.5%. Shanghai and Straits Times declined 0.7-0.9%. The market breadth was negative; about 1376 shares advanced while 1590 shares declined. Nearly 141 shares were unchanged.

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This page contains a single entry by Viraj published on April 28, 2009 9:29 PM.

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