Markets remain in red
Thursday, 21 October 2010
MUMBAI, Oct 20 (Business Standard): Markets continue to languish in afternoon trades, albeit off the day's lows. The Sensex is now down 17 points at 19,965. Nifty is down 16 points at 6,010.
The Nifty had touched a low of 5,987 in noon trades on selling pressure in select stocks. Throughout the day the markets remained volatile, mirroring Asian indices which showed some effect of the Chinese rate hike.
Nifty Junior has dropped 0.17 per cent at 12,920. Bank Nifty is down 0.25 per cent at 12,217. Metal indices have also dropped.
BPCL has gained 1.7 per cent in a more-or-less negative market. The other gainers in the index include Tata Power and Ranbaxy.
Larsen & Toubro, NTPC and Mahindra & Mahindra have added over 1 per cent each.
The Nifty had touched a low of 5,987 in noon trades on selling pressure in select stocks. Throughout the day the markets remained volatile, mirroring Asian indices which showed some effect of the Chinese rate hike.
Nifty Junior has dropped 0.17 per cent at 12,920. Bank Nifty is down 0.25 per cent at 12,217. Metal indices have also dropped.
BPCL has gained 1.7 per cent in a more-or-less negative market. The other gainers in the index include Tata Power and Ranbaxy.
Larsen & Toubro, NTPC and Mahindra & Mahindra have added over 1 per cent each.