Tuesday, June 29, 2010

Nifty ends at 5250; Hindalco, Tata Steel, RCom down

BSE

Indian markets ended in the red on Tuesday mirroring losses in global peers. The worst hit were stocks from metals, realty and banks whereas FMCG and capital goods ended with minimal losses.

National Stock Exchange’s Nifty ended at 5255.50, down 78 points or 1.46 per cent. The index touched a high of 5334.15 and low of 5235.80 in today’s trade.

Bombay Stock Exchange’s Sensex closed at 17534.99, down 239.27 points or 1.35 per cent. The index touched intraday low of 17465.73 and high of 17777.95.

BSE Midcap Index was down 0.72 per cent and BSE Smallcap Index moved 0.65 per cent lower.

Amongst the sectoral indices BSE Metal Index was down 2.81 per cent, BSE Realty Index declined 1.63 per cent and BSE Bankex moved 1.60 per cent lower.

Losers included Hindalco (-4.51%), Reliance Communications (-4.17%), Tata Steel (-3.77%), Reliance Capital (-3.57%) and Ambuja Cement (-3.25%).

IDFC (1.26%), ONGC (0.38%), Bharti Airtel (0.15%) and L&T (0.15%) were the only Nifty gainers.

Market breadth was negative on the NSE with 1899 declines against 1235 advances.

Source:- http://economictimes.indiatimes.com

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