Monday, May 24, 2010

24 May 2010 Closing Market Updates

24 May 2010 Closing Market Updates  15:31


Today market opened with gap up but as mentioned in the morning blog not sustained above its resistance 5010.In the last session, profit booking pulled the indices to close in negative.Nifty closed at 4928.8, down by 2.35 points after making intraday high of  5029.55.Sensex closed at 16428.45 with 17.16 points down.
Among BSE Sectoral indices, Oil & Gas index gained the highest by 1.67% whereas Realty dumped by 1.95%.
RNRL was the top gainer by 22.70%. Rcom was the top gainer in Nifty50 stocks, gained 10.69%. Hindalco was the top loser by shedding 4.71%
Overall market breadth was positive as 740 stocks gained and 569 stocks declined today on NSE.

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