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View Full Version : Indices end marginally lower: L&T, ICICI Bank down 2%


praveen
16-11-2007, 05:37 PM
Frontline stocks consolidated for a second day taking cues from weak markets overseas and in absence of foreign buyers. Domestic participants, however, were bullish, pumping money into valuation scrips in the mid- and small-cap space.

Bombay Stock Exchange's Sensex ended down 87 points at 19,784.89. National Stock Exchange's Nifty closed at 5906.85, down 5 points.

Major index gainers were ITC (up 8.09%), Grasim Industries (6.52%), Dr Reddy's Laboratories (3.67%), Mahindra & Mahindra (2.17%) and Maruti Suzuki (1.69%).

Hindalco Industries (down 5.89%), Larsen & Toubro (2.76%), Ranbaxy Laboratories (2.75%), Reliance Communications (2.3%) and ICICI Bank (2.29%) topped the list of index losers.

The BSE Mid-cap Index ended up 1.3 per cent and CNX Mid-cap Index 1.29 per cent higher.

Chambal Fertilisers and Chemicals (up 35.87%), Hinduja TMT (29.48%), Escorts (17.79%), Mirc Electronics (17.1%) and HTMT Global (12.53%) were the biggest gainers. (all figures are provisional)

Market breadth showed 782 gainers and 415 losers on NSE, while on BSE 1903 shares rose and 917 fell.