Tuesday, November 17, 2009

MARKET VIEW 17.11.2009







Equities ended lacklustre session on a flat note Tuesday in line with other peers. Losses in realty, oil&gas and auto were offset by IT and banks. National Stock Exchange’s Nifty ended at 5053.15, down 4.9 points or 0.10 per cent. The index touched a low of 5010.15 and high of 5074 in today’s trade. Bombay Stock Exchange’s Sensex was at 17,030.34, down 2.17 points or 0.01 per cent. The 30-share index hit a high of 17080.17 and low of 16882.98. BSE Midcap Index was down 0.20 per cent and BSE Smallcap Index slipped 0.14 per cent. Amongst the sectoral indices, BSE Realty Index was down 1.54 per cent, BSE Oil&gas Index fell 0.99 per cent and BSE Auto Index declined 0.33 per cent. BSE IT Index was up 1.98 per cent and BSE Bankex gained 0.25 per cent. Biggest Nifty gainers were Reliance Capital (6.07%), TCS (3.49%), Hero Honda (2.05%), Reliance Infrastructure (1.89%) and SAIL (1.85%). Losers were ONGC (-2.47%), DLF (-2.46%), Idea Cellular (-2.32%), Bharti Airtel (-2.08%) and ACC (-2.01%). Market breadth on BSE remained negative with 1409 declines against 1313.The top index gainers included Suzlon, Reliance Power, Maruti Suzuki, DLF, Hero Honda, Sterlite, Siemens, Tata Steel, Reliance Communications, Idea Cellular. Losers comprised HCL Tech, TCS, Power Grid, NTPC, Infosys, HDFC, Ranbaxy, BPCL , Tata Power

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