Thursday, April 3, 2008

Markets flat in opening trade

The markets were flat in the opening trade but still trading in the green with some marginal gains. Buying has seen in oil, technology, auto, and some telecom stocks while selling pressure in cement, metal, power and banking stocks.

At 9:58 am, the Sensex was down 41 points at 15,709 and the Nifty down 14 points at 4740. However, the CNX Midcap was up 1 point at 6232.

HUL, ICICI Bank BHEL, Sterlite and Cairn were the gainers while losers - ACC, Grasim, SAIL, Tata Steel, Reliance Energy and Tata Power.

On the primary market front, Gammon Infrastructure has listed at Rs 180 on the BSE and Rs 170 on NSE as against its issue price of Rs 167.

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