Home Economy Equities markets maintain small gain in early trade

Equities markets maintain small gain in early trade

By IANS,

Mumbai : The Indian equities markets, which opened with a marginal gain Thursday, saw choppy trading early in the day, while they just about maintained their position in the green.

The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened with a gain of 35.14 points at 15,479.65. Ten minutes into trading, it had reached 15,586.41, a gain of 71.62 points or 0.46 percent from its closing figure Wednesday.

At the same time the S&P Nifty index of the National Stock Exchange was trading at 4,607.05 with a gain of 21.45 points or 1.35 percent compared to its previous close.

However, the market breadth was negative. On BSE 717 shares advanced, 770 declined and 44 remained unchanged.

ONGC, Satyam Computers and Ranbaxy Lab were among the gainers while BHEL, Reliance Communication and DLF Ltd were among the losers in initial trade.

Other Asian markets were trading mixed.