Tuesday, August 10, 2010

Market Review

If we talk about today's Indian Stock Market, It was a down day which gave up the gains of yesterday and traded soft on the back of sell-off in technology, telecom, power, metal, realty and healthcare. Global cues were weak, too. Sensex shut shop at 18219, down 67 points and Nifty at 5460, down 25 points from the previous close. CNX Midcap index was down 0.5% and BSE Smallcap index was down 0.4%. The market breadth was negative with advances at 475 against declines of 815 on the NSE.  

Top Nifty gainers were Tata Motors, JP Associates and Suzlon Energy  

while losers included ABB, Wipro and Sterlite Industries.

The market breadth was marginally negative.


Wipro, Sterlite, HDFC, M&M, TCS, Infosys, Bharti Airtel, ITC, BHEL and RComm ended notably lower.


ABB, Kotak Bank, Unitech, Axis Bank, Reliance Capital and PNB also ended weak.


Tata Motors ended nearly 4.5% up.

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