November 08, 2011

Closing Bell!!..............BSE benchmark index witnessed a consolidation pattern throughout the session on Tuesday

BSE benchmark index witnessed a consolidation pattern throughout the session on Tuesday, ahead of events in the eurozone.
Nervousness in Asian markets spilled over to Indian equities and a bounce-back later in European markets led to a recovery in the last hours of trade. Sensex saw a swing of 177 points, before closing up 7 points or 0.04% at 17,570. Nifty rose just 5 points or 0.1%, to end at 5,289.
BSE Midcap outperformed the Benchmark index gaining 0.2% while BSE Smallcap fell by 0.2%. Market breadth was marginally positive, as the A/D ratio was 1.02:1 on the BSE. NSE cash turnover was Rs.8,124 crs. Vs. Rs.10,089 crs. on Friday.
All the sectoral indices ended in the green except Realty, Healthcare, Auto, Metals and FMCG. The top gainers were Consumer Durables, Oil & Gas, Power and Capital Goods. The top gainers from the BSE 30 were SBI, Tata Motors, Hindalco and Sterlite Inds. The top losers were Sun Pharma, DLF, Cipla and NTPC.
Aided by an upmove in European markets, Sensex reached its previous closing value by wiping out all losses incurred since morning. Today?s Italian vote would be keenly watched for future course of markets globally including India.
Source- hdfc security

No comments:

Post a Comment