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Indian stock markets end weak yet again – Wednesday, February 10, 2010

February 10th, 2010

Realty and Consumer Durables shine

Indian stock markets had a positive opening in the morning but soon lost the speed before the end of the first hour of trade. Surprisingly the markets came to the positive line but soon gave up few points. The markets again gained points quickly to reach to the day opening levels but the last hour trade witnessed heavy selling forcing the markets to touch an intra-day low.

CNX Nifty ended the day at 4754.70 down by 0.79%. The CNX IT closed the day at 5606.30 down 0.75%. Bank Nifty is down 8392.45 and is down by 1.20%. Top Nifty gainers include BPCL (up about 2.8%), JP  Associates, Unitech, HDFC Bank, Hindalco, Bharti Airtel, Hero Honda, Grasim (all up over  1%), Sterlite Industries and ABB (both marginally in the green). Top Nifty losers include Cipla, SAIL, M&M, Punjab National Bank, Tata Steel, Tata Power, Sun Pharma, NTPC, SBI and L&T.

The Bombay Stock Exchange opened the day at 16,042.18, touched an intra-day high of 16,141.13 and an intra-day low of 15,892.01 to close at 15,900.82 as against to the previous day close of 16,042.18. The Sensex has effectively slipped 141.36 points (or 0.88%) in today’s trade.

Wednesday, February 10, 2010 15:47:24 PM IST

Entry Filed under: Equity Markets, BSE, NSE, Closing Bell