Friday, October 07, 2005

BSE Sensex opens flat

A day after registering a massive fall, the Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened flat this morning.

The 30-share Sensex opened flat at 8,525.80 and was trading eight points down at 8520 at 1128 hrs compared to its last close of 8,528.

The National Stock Exchange (NSE)'s 50-share Nifty opened 2 points lower at 2577.20 compared to last close at 2579.15. The Nifty was trading at 2581, up by two points at 1125 hours.

Top losers this morning were HDFC Bank, Hero Honda, Larsen & Toubro, BHEL, ACC, Cipla, Gujarat Ambuja, Tata Steel, SBI and Tata Motors.

Top gainers were HLL, Ranbaxy Lab, ONGC, Tata Power, Bajaj Auto, TCS, HDFC, Wipro, Hindalco, Dr Reddy's Lab.

Markets are likely to trade positive on the back of a meltdoen in the global crude oil prices, which are trading at a two-month low of around USD 61 per barrel, experts said.

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