Business Monday, July 21, 2008

Equity markets stay in the green early afternoon

From correspondents in Maharashtra, India, 07:01 PM IST

Indian equity markets continued to stay in the green early Monday afternoon, but stayed volatile too. There was buying interest in banking, capital goods and select technology stocks.

At 1:30 p.m., the 30-share benchmark in dex of the Bombay Stock Exchange (BSE), the Sensex, was at 13,696.74, up 61.34 points or 0.45 percent from its closing figure Friday. It had earlier touched a high of 13,850.78.

At the same time the broader based S and amp;P CNX Nifty index of the National Stock Exchange was up 8.60 points or 0.21 percent at 4,100.85.

The market breadth was negative. On BSE, 982 shares advanced, 1,375 declined and 70 remained unchanged.

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