Indian Market Activity : March 13, 2008

Source : Nse India

The Market opened in negative territory following Asian stock markets which fell amid doubts about the effectiveness of the Federal Reserve's efforts to aid strained credit markets. Market Breadth was weak and sustained the selling pressure even in the mid-afternoon trade. The benchmark Nifty closed at 4623.60 down by 248.40 Points

Top 5 Loosers on the Nifty includes CAIRN,SUZLON,SAIL,REL and UNITEC each losing more than 9% of their previous day closing price.

Index futures saw a trading volume of Rs.19366.27 crores arising out of 869331 contracts and Index options saw 313863 contracts getting traded at a notional value of Rs.7696.87 crores. The total turnover of the Futures & Options segment of the Exchange was around Rs.44869.49 crores

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