Tuesday, November 10, 2009

MARKET VIEW 10.11.2009


Equities ended volatile session on a flat note as gains in metals and were offset by realty stocks. National Stock Exchange’s Nifty closed at 4881.75, down 16.65 points or 0.34 per cent. The broader index hit a low of 4860.10 and high of 4947.70. Bombay Stock Exchange’s Sensex ended at 16436.89, down 61.83 points or 0.37 per cent. The index touched an intra-day low of 16371.66 and high of 16677.53. BSE Midcap Index was down 0.36 per cent and BSE Smallcap Index slipped 0.41 per cent. Amongst the sectoral indices, BSE Realty Index slipped 2.81 per cent and BSE Capital Goods Index fell 0.79 per cent. BSE PSU Index gained 2.11 per cent and BSE Metal Index moved 1.42 per cent higher. Biggest Nifty gainers were Tata Motors (2.7%), Ambuja Cements (2.37%), Cipla (2.24%), State Bank of India (2.02%) and BPCL (1.69%). Hero Honda (-4.46%), Bharti Airtel (-4.41%), DLF (-3.78%), Reliance Communications (-3.64%) and Hindustan Unilever (-2.86%) were the losers. Market breadth on BSE showed 1458 declines against 1282 advances.

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