1 June 2010 Closing market Updates 15:31
Market opened negative and continued to close in the negative territory itself.The market mover,Reliance Industries made a fake low of 840.55 on BSE from 1028 as a British Petroleum shares in UK slumped to 14% down and on a 18 years low because BP'S 5 year credit default swap widened by 71 BPS TO 173 BPS so punters thought of panic in Reliance Industries.May the market authorities find the authentic reason.In this turmoil, Nifty closed at 4964.45, down by 121.85 points while Sensex ended 400.25 points at 16544.38.
All the sectoral indices closed in red.Metal and Realty Index were the worst hit today, down by 3.97% and 3.26% respectively.
JP Associates was the top loser in Nifty50 stocks by 5.62% and closed at 117.60 while Maruti was the top gainer by 1.71% to close at 1258.05.
Market breadth was negative as 953 stocks declined and 342 stocks gained today on NSE.
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