Friday, March 11, 2011

Stock Market Review this week

The markets recovered a bit in the last hour of the trade and closed with declines of around three-fourth of a percent. Metal, IT and capital goods were the worst performers of today's trade while FMCG and Oil & gas gained marginally today. The Sensex closed at 18174, down 153 points from its previous close, and Nifty shut shop at 5445, down 48 points. The CNX Midcap index was down 0.7% and the BSE Smallcap index was down 1.1%. The market breadth was negative with advances at 323 against declines of 975 on the NSE. The top Nifty gainers were Ranbaxy, ONGC, BPCL and RIL and prime losers included BHEL, RCom, Reliance Infra and Ambuja Cements.


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