Friday, August 1, 2008

Equities surge higher @; close CG, power lead


Across the board buying momentum saw indices surge higher Friday towards end of trade. Capital goods and power stocks were in the limelight as IAEA discusses India-specific safeguard agreement for use of nuclear power for civilian use.

Bombay Stock Exchange’s Sensex was at 14,573.57, up 218 points or 1.52 per cent. The 30-share index touched a high of 14623.60 and low of 14,032.87.

National Stock Exchange’s Nifty was at 4403.65, up 70 points or 1.63 per cent. The index touched a high of 4,408.60 and low of 4,235.70.

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