LD STOCKS 2 LAST

Analysts are of the opinion that the markets would remain
directionless till the budget, as FIIs are waiting from some
clear trigger from the official annual economic exercise."The
markets will continue to remain volatile till the budget,"said
Angel Broking research head Hitesh Aggarwal.

Marketmen said another reason for the poor show was mixed
cues from Asia and the lingering debt crisis in Greece and
Dubai. China further tightening money supply also weighed.
However, despite the Greek crisis, key European markets
opened on a strong footing. The CAC rose 0.67 per cent, DAX
0.64 per cent and FTSE 0.83 per cent in their opening trade.
The broader 50-issue Nifty of the National Stock Exchange
(NSE) also turned negative and lost 24.90 points or 0.52 per
cent to 4,801.95.
Among the Bombay Stock Exchange (BSE) sectoral losers,
barring healthcare, IT and metal indices, all other sectoral
indices ended in the red.
Consumer durables index dipped by 60.17 points or 1.49
per cent, the Tech by 41.40 points or 1.30 per cent and the
oil & gas by 91.85 points or 0.94 per cent.
From the Sensex pack, other losers were RCom 2.92percent,
Sterlite 2.91 per cent, Tata Power 1.99 per cent, RelInfra
1.74pc, Maruti 1.47 per cent, HUL 1.26pc and SBI 1.25pc.
However, Hindalco rose by 1.81 per cent, BHEL by 1.41 per
cent, HDFC Bank by 1.11 per cent and Tata Steel by 0.72 pct.
The market breadth turned negative as 1,634 shares closed
with losses against 1,158 that ended with gains on the BSE.
Trading volume declined to Rs 3,428.15 crore from Rs
3,970.92 crore on last Thursday. Syncom Health, listed today,
was the most active share with a turnover of Rs 247.38 crore,
followed by Bharti Airtel (Rs 146.85 crore), and Tata Steel
(Rs 96.75 crore). PTI VMP
RDM


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