Markets close in the red - Business Standard

		Markets close in the red Auto, Realty bucks trend SI Reporter / Mumbai Feb 04, 2013, 15:32 IST Markets closed in the red with the Sensex down 44 points at 19,736 and the Nifty was down 12 points to close at 5,987. ________________________   Also Read   - Markets close in the red - Etihad to take decision on investing in Jet next week - Telangana issue: Kiran Reddy meets Sonia - Khurshid to visit Latin America to strengthen trade ties - Welspun ranked largest global home textiles supplier More (Updated at 1437hrs) Markets slipped in the noon deals as profit booking in counters like ONGC, SBI and BHEL weighed on the benchmark indices. At 2:30pm, the Sensex was down 13 points at 19,746 and the Nifty lost six points at 5,993. Earlier in the day, the Sensex had touched a high of 19,903 and a low of 19,805. Meanwhile, the Nifty had seen a high of 6,038 and a low of 6,000. In the broader markets, the midcap index slipped 0.6% and the smallcap index lost 0.4%, both underperforming the Sensex which was flat with a negative bias. In Asia, markets were largely in the green. Japan's Nikkei share average hit a fresh 33-month peak as exporters kept rising and hints of recovery for troubled consumer electronics companies. The index gained 0.6% to close at 11,260. The other gainers were Taiwan Weighted, Shanghai Composite and Straits Times 0.3-0.9%. Among the sectoral indices, PSU, Health Care, Power, Oil & Gas, Metal, IT and Consumer Durables were the major losers, down 0.2-1%. On the other hand, Auto and Realty indices gained 0.6% each. The top gainers among the Sensex stocks were Tata Motors,HDFC,ICICI Bank,Jindal Steel,HDFC Bank,L&T and Hindalco up 0.5-3%. Among the losers were Cipla, Sterlite, Dr Reddys Lab, Tata Power, BHEL and ONGC down 2% each. The other major losers were SBI, Maruti Suzuki, Coal India, Mahindra & Mahindra, Gail India and Infosys down 0.5-1%. Among individual stocks, Jubilant FoodWorks has slipped over 5% to Rs 1,134 after reporting a lower-than-expected 31% year-on-year rise in net profit at Rs 38 crore for the quarter ended on December 31, 2012 due higher expenditure and tax outgo. The market breadth was negative. 1542 stocks declined while 1183 stocks advanced on the BSE. New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets close in the red - Etihad to take decision on investing in Jet next week - Telangana issue: Kiran Reddy meets Sonia - Khurshid to visit Latin America to strengthen trade ties - Welspun ranked largest global home textiles supplier Tags : Markets | Sensex | Nifty   Read Business news in  Advertisements -  Make your trip little bit more special by flying premium economy. -  Godrej Summit an elegantly designed high rise towers in Gurgaon. -  Introducing Sail car, when life gives your more starting from 4.99 lakhs. -  Europe holiday deal: Save on early booking -  Open a Sharekhan Online Trading and a Demat Account for FREE! -  Deploy Applications on-premises or in the Cloud. Learn More. -  Up to 20% Off on Diamond Jewellery. Buy now. -  Relax and enjoy breakfast & internet in great destinations -  Luxurious apartments in Kondhwa at Rs 70 Lac onwards -  Markets Reports on Every Trading Day. Click here to know more -  Stay at the most Ideal business hotel in nashik. Book now -  Win an enrollment fee waiver worth up to US $ 530! Sign Up. -  Advanced Air Quality Control System for Cleaner Air. -  Trust is the beginning of everything. Click here to know more -  Advanced Monorail for Congestion Free Travel. Click here -  Fly to Britain with a touch of British flair From INR 51079. Click here	via Business - Google News
Put the internet to work for you. via Personal Recipe 2229248