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Rediff.com  » Business » Markets close flat: Metal, power stocks drag

Markets close flat: Metal, power stocks drag

Last updated on: August 30, 2006 17:20 IST
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The markets closed flat due to lack of buying interest in scrips. The Sensex closed at 11,706.85 up 17.07 points or 0.15%. The Nifty gained 4.65 points or 0.14% to close at 3430.35.

About 1043 shares advanced, 1445 shares declined, and 72 shares were unchanged.

The BSE Small Cap Index lost 0.4% or 21 points to close at 5,849.60.

The BSE Midcap Index closed flat at 4,840.76.

Metal and power stocks were among the top losers.

Markets today:

Markets end almost flat; in line with global peers

Sensex ends at 11723.92; Nifty at 3430.35

BSE Oil & Gas Index up 0.89%; led by oil marketing cos

BPCL up 6%, HPCL up 4.4%; RIL up 1.12%

BSE FMCG Index up 0.80%; ITC up 1.5%

BSE Metal Index down 2.20%; Hind Zinc down 4.56%, Sterlite down 3.76%

SAIL down 3%, TISCO down 2%

CNX Midcap Index ends flat at 4345.50; mid cap banking stocks gain

Bank of Mah up 8.2%, CBoP up 6.56%, Vijaya Bank up 3.67%

BSE Small Cap Index ends marginally down at 5849.60 amid some buzzers

Mirc Electronics up 20%; Jay Bharat Maruti up 11%

NSE Advance Decline ratio at 2:3

Total market turnover at Rs 35494.95 cr Vs Rs 34,047.88

The BSE FMCG Index closed was up 0.8% at 2,013.71.  ITC, P&G, HLL, Britannia and Colgate closed in green.

The BSE Bankex was up 0.65% at 5,307.68. Federal Bank, Centurion BoP, Canara Bank, Vijaya Bank and Union Bank moved upwards.

The BSE Oil and Gas Index gained 0.9% at 5,725.06. BPCL, Kochi Refin, HPCL, Petronet LNG and IOC rose higher.

The BSE Health Care Index gained 0.4% at 3,533.79.  Ipca Labs, Cadila Health, Nicholas Pirama, Ranbaxy Labs and Sterling Bio  gained.

The BSE Auto Index closed flat at 4,979.63.  Exide Industries, Apollo Tyres, Escorts and MRF were among the losers.

The BSE IT Index lost 0.3% at 4,286.71. HCL Info, Mphasis BFL, Moser Baer, TCS moved downwards on the bourses.

The BSE Capital Goods Index lost 0.3% at 7,781.45.  Gammon India, Aban LoydChiles, Thermax, Bharat Elec and BEML closed lower.

The BSE Metal Index lost 2.2% at 8,221.80.  JSW Steel,  Hind Zinc, JindalStainless,  Sterlite Ind, SAIL and Tata Steel witnessed selling pressure.

The NSE cash turnover was at Rs 5790.28 crore and the NSE F&O turnover was at Rs 26994.53 crore. The BSE cash turnover was Rs 2710.14 crore. Total market wide turnover was at Rs 35494.95 crore.

F&O UPDATE

Turnover at Rs 26994.53 cr

Marketwide rollover at 57%

Nifty Rollover at 53%; Nifty discount trim to 5 ts

HLL adds 16 lakh shares in OI ; rollover 50%

ITC adds 38 lakh shares in OI; Rollover at 50%

RIL adds 30 lakh shares in OI; rollover at 51%

Tata Steel adds 22 lakh shares in OI; rollover at 57%

BOB adds 11 lakh shares in OI ; Rollover at 61%

Essar Oil adds 15 lakh shares in OI; rollover at 59%

Guj Amb adds 29 lakh shares in sep; Rollover at 55%

VSNL adds 13 lakh shares; ROllover at 53 %

Hindalco adds 21 lakh shares in sep; Rollover at 70%

For more information about trading and markets log on to www.moneycontrol.com

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