10 Feb 2010 Market Closing

10 Feb 2010 Market Closing :
Market opened with a positive note.The market profit booking seen around the resistance level of 4830.Nifty made intraday high of 4826.85 but fuel price hike fear dumped the market to close on lower side as the Govt to discuss fuel price hike tomorrow.It had been learnt that the government might partly adopt the Kirit Parikh panel's advice to lift price controls on gasoline and diesel, but would put the brakes on potentially more politically jarring hikes in the prices of cooking fuels.Nifty closed at 4754.70 shedding nearly 38 points after making a low of 4748.10 while Sensex closed below 16k mark at 15900.82 down by 141.36 points.
Advance/Decline ratio was negative as 715 stocks declined and 557 stcoks gained on NSE today.
Among BSE sectoral indices, Realty and Consumer durables were the only gainers while capital goods' index was the top loser by 1.26% followed by PSU with 1.21% and Bankex nearly 1%.
At 15:30, European were in green and Dow future was in red.