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| On recovery path: Nifty down 19pts |
| BS Reporter / Mumbai Jul 21, 2009, 14:45 IST |
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The NSE Nifty is at 4,482, down 19 points, and the Sensex is at 15,11 down 78 points.
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(Updated at 1419hrs)
 The NSE Nifty continues to recover its lost ground, and is now down 27 points at 4,475.
Steel stocks are leading the recovery. Jindal Steel has surged over 3.5% to Rs 2,758. Tata Steel has gained 2.3% to Rs 391, and SAIL has added 1.8% to Rs 169.
Maruti has rallied nearly 3% to Rs 1,244. Idea Cellular has advanced over 2% to Rs 75.
Ranbaxy, Larsen & Toubro and Reliance Infrastructure are the other prominent gainers.
On the other hand, TCS has plunged nearly 4% to Rs 481. GAIL India has shed 3.5% at Rs 327.
Mahindra & Mahindra has dropped nearly 3% to Rs 798. Suzlon and BHEL have slipped around 2.5% each to Rs 92 and Rs 2,224.
ITC, ACC, Sterlite, Tata Communications and NTPC are also down around 2% each.
Meanwhile, the BSE index, the Sensex is now down 100 points at 15,091.
The market breadth is almost neutral, with 1,293 declining stocks as against 1,249 advancing stocks.
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