After a lot of volatility in today''s trading session, the market finally closed on a sad note as BSE Sensex fell by 86.53 points to closed at 19,698.36 and NSE Nifty dropped by 5.25 points to closed at 5,906.85. Though the market opened with a huge gap down but immediately gained the momentum to pare all its initial losses due to buying across the sectoral indices scrips. Both the Sensex and Nifty keeps on moving ups and down throughout the trading session as the global markets are not in favor. Most of the indices closed in red while Oil and gas, FMCG, Auto and CD attract investor''s confidence as they are closed in green. Overall, the market breadth was strong as 1,909 stocks are closed in green while only 912 are closed in red. Both the BSE Small cap and Mid cap closed higher by 98.29 point and 153.07 points at 8,512.38 and 10,380.73 respectively.
BSE oil & gas index surged by 163.68 points to close at 12,479.56. Pushing it up are Essar oil by (22.01%), HPCL (5.55%), IOCL (3.72%), BPCL (1.79%), RPL by (1.04%) closed higher.
BSE FMCG index grew by 92.07 points to close at 2,230.69. Leading the rally are ITC (8.17%), Tata tea (4.24%), Dabur (3.66%) and Nestle (2.77%) closed higher.
BSE Metal index declined by 241.69 points to closed at 17,498.20 as Hindalco (5.52%), Welspun Gujarat (4.13%), Nalco (2.96%), Tata steel (2.02%) closed lower.
BSE Capital goods index closed lower by 262.16 points at 20,643.71 as Lakshmi machine (3.01%), L&T (2.88%), Thermax (1.41%)closed in red.
BSE Power index fell by 21.97 points to close at 4,591.97. Pulling it down are CESC ltd by (4.15%), Areva by (2.57%), NTPC (1.89%), Reliance energy by (1.53%) and BHEL (1.30%) closed lower.
BSE bankex index fell by 49.97 points to close at 11,003.05. Pulling it down are ICICI bank (2.33%), HDFC bank (0.71%), BOI (0.48%) and Union bank (0.32%) closed in negative.
BSE IT index dropped by 37.37 points to close at 4,159.12 as Infosys (1.79%), HCL tech (1.52%), Tech Mahindra (0.83%) closed in red.
Friday, November 16, 2007
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