Market ends flat amid choppiness: IT, realty down; smallcap up

18 February 2008

The markets ended the day flat amid a very choppy session. Most of the indices ended flat to negative. However buying was seen in smallcap stocks which gave positive breath to the markets. Among the global indices, Asia closed mixed today and Europe was trading higher.

IT, oil, metal and realty are among the top laggards. However bankex was marginally in positive. Trading firm were select sugar and fertiliser stocks.

M&M, Reliance Energy, Bajaj Auto, Siemens, GAIL, Tata Steel, ICICI Bank and Nalco were among the top gainers on the indices.

Tata Motors, ITC, ONGC, Idea Cellular, DLF, BHEL, Sterilte Ind and HCL Tech are among the top frontline losers.

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 411 with 11,232,762  shares traded.

Sensex closed down 67.20 points or 0.37% at 18048.05, and the Nifty down 26.00 points or 0.49% at 5276.90.