makin97 NSETIPS @ RAKESH MAKIN: MARKET ENDED 08.03.2011TUESDAY

Tuesday, March 8, 2011

MARKET ENDED 08.03.2011TUESDAY

WERE TODAYS SENSEX GAINERS

MARKET ENDED 08.03.2010 TUESDAY

SENSEX 18439.65 +216.98

NIFTY 5520.80 +57.65

NASDAQ 2756.30 +10.67

S&P 500 1317.68 +07.55

UPDATEDTIME 09.28 PM 08 MARCH 2011

Benchmarks ended on a positive note as easing crude oil prices boosted market sentiment. Oil prices fell around $2 after reports that OPEC was likely to boost oil production in order stem rising prices. Back home efforts are on by DMK and Congress to come to a solution on seat sharing ahead of elections in Tamil Nadu.

Bombay Stock Exchange s Sensex ended at 18439.65 up 216.98 points or 1.20 per cent. The 30-share index touched a low of 18266.62 and high of 18466.81 intraday.

National Stock Exchange s Nifty closed at 5520.80, up 57.65 points or 1.08 per cent. The broader index touched a low of 5464.75 and high of 5530.55 in today s trade.

BSE Midcap Index was up 0.95 per cent and BSE Smallcap Index moved 0.73 per cent higher.

Amongst the sectoral indices, BSE IT Index was up 1.80 per cent, BSE Bankex moved 1.55 per cent higher and BSE Metal Index moved 1.46 per cent up.

Bharti Airtel (3.21%), ONGC (3.01%), Tata Motors (2.99%), Jaiprakash Associates (2.49%) and Infosys Technologies (2.31%) were the top Sensex gainers.

ITC (-0.41%), Hero Honda (-0.29%) and Maruti (-0.21%) were the only losers.

Market breadth was positive on the BSE with 1796 advances against 1051 declines.