18 February 2008

Correction over

The markets are still trading lower with selling pressure in realty, technology, power, oil, capital goods and auto stocks. However, midcaps and small cap indices have recovered a bit and trading in the green. The market breadth is still positive as 1827 shares have advanced, 1125 shares declined and 68 shares are unchanged. Among the global indices, asia closed mixed today. Europe is trading higher.

At 14.06 hrs IST, the Sensex is down 113.88 points or 0.63% at 18001.37, and the Nifty down 34.45 points or 0.65% at 5268.45.
Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news Reliance Power is holding rock solid at Rs 419 with 11,094,397 shares.

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