12.09.2011 Markets Update

2011-09-12T05:37:00.000-07:00

Disappointing IIP data and negative global cues took their toll on the markets and both benchmark indices closed with substantial losses. All sectoral indices closed negative with IT, metal, banking, realty and consumer durables the worst among them. Other sectors that closed deeply in the red include auto, capital goods and oil & gas. FMCG was the only sector that closed with moderate losses.The Sensex closed at 16502, down 365 points from its previous close, and the Nifty shut shop at 4947, down 113 points. The CNX Midcap index closed with 2.4% loss while the BSE Smallcap index lost 1.9% in today's trade. The market breadth was negative with advances at 296 against declines of 1158 on the NSE. The top Nifty gainers were Ambuja Cements, HUL, Sun Pharma and ACC while the biggest losers included HCL Tech, Reliance Power, Hindalco and Reliance Infra.

09.09.2011 Markets at Noon

2011-09-09T02:11:00.001-07:00

Weakness has increased in the market with selling pressure seen in many sectors, particularly metals and IT, and also some heavyweights. The broader markets have turned weak, too. Sensex is trading at 16962, down 203 points from its previous close, and Nifty is at 5083, down 69 points. CNX Midcap index is down 0.8% and BSE Smallcap index is down 0.4%. The market breadth is negative with advances at 543 against declines of 866 on the NSE.

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12.09.2011 Markets Update

09.09.2011 Markets at Noon