Archive for March 4th, 2010

Markets on the lookout for the next big theme; remains flat on Mar 4

The Indian stock markets are on the lookout for the next big theme to take a directional course. The markets had a pretty flat day today. The NSE Nifty that closed yesterday at 5088.10 slipped marginally to close today at 5080.25. It closed down by 0.15%. The CNX IT is down 1.07%

Top Nifty gainers of the day include SAIL, Suzlon (both up over 4%), Unitech (up 3%), Reliance Communications (up 2%), DLF, Reliance Infra, Sun Pharam, Tata Steel, Hindustan Leaver and Grasim (all up over 1%). On the other hand, top Nifty losers include Axis Bank (down over 2%), Hindalco, Maruti, Infosys Technologies, Cairn, JP Associates, BPCL, Reliance (all down by over 1%), Ambuja Cement and ICICI Bank (both down marginally).

The BSE Sensex opened this morning at 17,013.68, touched an intra-day high of 17,024.96 and intraday low of 16,888.05 to finally close a little below the 17K mark at 16,971.70. It may be recalled the BSE closed yesterday at 17,000.01. The Sensex slipped 28.31 points and is down 0.17%. The BSE Midcap and Smallcap indices are up marginally.

The Reality stocks index on BSE is up 2.5% today. Consumer Durables and Metals are up over 1%. FMCG, Capital Goods, Power, PSU, Health Care and Auto are up marginally. Bankex, Oil & Gas, Teck and IT are down marginally.

Thursday, March 04, 2010 16:21:46 PM IST

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