Monday, June 27, 2011

Today's market overview..

The markets closed with strong gains today with banking, auto and oil & gas being the top performers. The interesting aspect of today's trade was that the increase in diesel prices didn't have any impact on auto sector. Consumer durables, FMCG and realty were the only three sectors that closed negative. Other gainers of today's session include capital goods, healthcare and metal. The Sensex closed at 18412, up 172 points from its previous close, and the Nifty shut shop at 5527, up 55 points. The CNX Midcap index was up 1.3% and the BSE Smallcap index gained 0.8% in today's trade. The market breadth was positive with advances at 814 against declines of 468 on the NSE. The top Nifty gainers were Power Grid, BPCL, ONGC and Reliance Capital and the biggest losers included Reliance Infra, Grasim, DLF and Ambuja Cements.

Source:money.rediff.com

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

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