carao
22-11-2007, 06:17 PM
Pullback in frontline stocks at the fag end of trade saw key indices recover sharply from the day’s low but close in negative terrain on Thursday. Banking and auto stocks were the major contributors to the upmove, while realty shares were underperformers.
Bombay Stock Exchange’s Sensex recovered over 340 points from its intra-day low to close at 18,526, down 0.4 per cent or 77 points. National Stock Exchange’s Nifty closed at 5,519, down 0.75 per cent or 41 points but up from the low of 5394.
However, midcap and smallcap companies were under pressure on account of profit booking. BSE Midcap Index closed at 8,090, down 1.55 per cent or 127 points. BSE Smallcap Index closed at 10,060, down 1.99 per cent or 204 points.
Bombay Stock Exchange’s Sensex recovered over 340 points from its intra-day low to close at 18,526, down 0.4 per cent or 77 points. National Stock Exchange’s Nifty closed at 5,519, down 0.75 per cent or 41 points but up from the low of 5394.
However, midcap and smallcap companies were under pressure on account of profit booking. BSE Midcap Index closed at 8,090, down 1.55 per cent or 127 points. BSE Smallcap Index closed at 10,060, down 1.99 per cent or 204 points.