31 May 2010 Closing Market Updates 15:31
A volatile session ended in green.GDP data made market a volatile session.Nifty closed at 5088.80 after making day low of 5038.55.Nifty gained 22.25 points while Sensex gained 74.97 points and closed at 16938.03.
In FY10, India's GDP growth came in at 7.4% compared to the year before. The March quarter GDP growth came in at 8.6% compared to the same period previous year. In the third quarter, India had witnessed a GDP growth of 6% year-on-year. In fiscal year 2010, growth in construction sector remained unchanged at 6.5%, while industry and services grew at 9.3% (vs 8.2%) and 8.5% (vs 8.7%) year on year.
Among the BSE Sectoral Indices,PSU Index was the top gainer with 2.70% while Realty Index was down by 0.83%
M&M gained most in Nifty50 stocks closed at 575 gaining 5.32%.Suzlon was the top loser in Nifty50 stocks by 7.7% and closed at 56.35.
Market breadth was positive as 737 stocks gained and 558 stocks declined today on NSE.
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