COMMENTARY
INTERVIEWS
SPECIALS
CHAT
ARCHIVES

Kargil Effect: Late and mild recovery limits Nifty's fall to 10 points; 1081.50

Share prices continued to decline at the National Stock Exchange for the third consecutive day today.

The market opened on a weak note and pivotals declined during the mid-session, but recovered partially towards the end of session on short-covering by operators.

Reflecting the weak trend the S&P CNX Nifty index opened at 1088.00 points, touched the days' high of 1098.25 points, fell to touch day's low of 1049.95 points before closing at 1081.50 points, showing a net loss of 9.95 points from the previous close of 1091.45 points.

The S&P CNX Nifty Junior declined sharply by 44.75 points to 1889.25 points from the previous close of 1934.00 points.

The S&P CNX Defty eased by 5.60 points to 873.15 points from the previous close of 878.75 points. The S&P CNX-500 and Midcap-200 ended lower by 12.23 and 14.60 points to 739.66 and 644.45 points from the previous close of 751.89 and 659.05 points respectively.

Total turnvoer on the NSE reported during the day was Rs 24.67 billion which came from trading in 92.44 million shares.

Debentures traded were valued at Rs 4.06 million. Today, 143 securities advanced, 773 declined, 61 remained unchanged while 84 securities hit their price bands during the course of trading.

UNI

Business news