Thursday, July 31, 2008

* Market Watch: Equities end flat on F&O expiry

Markets remained range bound and volatile throughout the day and the trend continued till the final trading hour. While select stocks from the metal and energy sector garnered investors' interest, stocks from the pharma and software sector remained out of favour. As regards global markets, while the Asian indices closed in the green, the European indices are currently witnessing mixed trend.

Equities ended on a flat note Thursday after a dull session on account of July series F&O expiry. Investors were also cautious ahead of inflation data to be out later in the day. Bombay Stock Exchange’s Sensex closed at 14,334.31, up 47.10 points or 0.33 per cent. It touched a high of 14,369.59 and low of 14,161.76.

National Stock Exchange’s Nifty ended at 4,321.80, up 8.25 points or 0.19 per cent. The index touched a high of 4,342 and low of 4,285.55. BSE Midcap ended 0.41 per cent lower at 5,558.31 and BSE Smallcap Index closed 0.35 per cent lower at 6,903.25.

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