Wednesday, June 27, 2007

There was lot of action in the stock markets yesterday with a volatile swing on selling and buying activities and the sensex closed with a moderate gain of 13 points.

There was buying in Capital Goods stocks.

BHEL extended its gain for the second consecutive day.

Oil company stocks also rose for the second day.

Banking stocks ended lower and other Indices closed flat or lower.

The rupee shed 0.6 paise against the Dollar.

The crude settled at $68/bbl.

The markets are expected to remain volatile in the next few days ahead of the expiry of Futures & Derivatives contract for the current month.