Wednesday, June 1, 2011

Overview on today's market..

The markets closed with moderate gains today with capital goods outperforming all other sectors. Pharma came under selling pressure while IT and FMCG made some smart moves and closed with significant gains. Other sectors that closed positive include metal and banking. The Sensex closed at 18609, up 106 points from its previous close, and Nifty shut shop at 5592, up 32 points. The CNX Midcap index gained 0.5% while the BSE Smallcap index gained 0.9% in today's trade. The market breadth was positive with advances at 846 against declines of 443 on the NSE. The top Nifty gainers were Reliance Capital, Reliance Communications, NTPC and Ambuja Cements while biggest losers included Ranbaxy, Tata Motors, Sun Pharma and Reliance Capital. » Send to friends

Source: money.rediff.com

Neeraj Rajgarhia
Summer Intern-Technical Analyst
DENIP Consultants Pvt. Ltd.

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