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Nifty closes below 5175; ITC, Jindal Steel down

Posted by blog master Wednesday, December 30, 2009

The Bombay Stock Exchange, in Mumbai, is Asia'...Image via Wikipedia
MUMBAI: Benchmarks ended lacklustre trade on a negative note on Wednesday ahead of December series expiry. Gains in realty, auto and banks were offset by losses in FMCG, metals and capital goods.

National Stock Exchange’s Nifty ended at 5169.75, down 18.2 points or 0.35 per cent. The index touched an intraday low of 5160.10 and high of 5197.05.

Bombay Stock Exchange’s Sensex closed at 17338.29, down 63.27 points or 0.36 per cent. The 30-share index touched a high of 17440.05 and low of 17322.80

BSE Midcap Index was up 0.52 per cent and BSE Smallcap Index moved 1.19 per cent higher.

Amongst the sectoral indices, BSE Realty Index was up 0.60 per cent, BSE Auto Index gained 0.13 per cent and BSE Bankex was up 0.10 per cent. BSE FMCG Index shed 1.21 per cent and BSE Metal Index slipped 0.78 per cent.

ITC (-2.26%), Jindal Steel (-2.23%), Hero Honda
(-2.21%), GAIL (-1.84%) and Cairn India (-1.65%) were amongst the major Nifty losers.

Reliance Infrastructure (1.61%), ACC (1.21%), Cipla (1.15%), Grasim (1.11%) and Reliance Power (1.07%) were amongst the gainers.

Market breadth was positive on the BSE with 1774 advances and 1084 declines.




source-http://economictimes.indiatimes.com

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