24 June 2010 Closing Market Updates  15:33

For the whole day market traded with a cautios note because of the exact outcome of EGoM.But in the afternoon,the Government has decided to free petrol price from its clutch and now will be driven by the market. However it has hiked diesel and cooking fuels price from midnight, as the Empowered Group of Ministers (EGoM) has given a nod to the price-hike, Petrol hiked by Rs.3.5/litre,diesel by Rs 2 per litre, kerosene by Rs 3 per litre while LPG will be hiked to Rs 35 per cylinder.As an affect Nifty ended at 5269.05 shedding 51.55 points and Sensex closed at 17574.53 with 155.71 points down.
Among BSE Sectoral Indices,Oil & Gas Index was the top gainer by 2.88% while Bankex lost the most by 2.19%.
In Nifty50 stocks, BPCL was the top gainer with 12.16% and closed at 617.70 while top loser ICICI Bank lost by 3.80% and closed at 852.05.
Market breadth was negative as 867 stocks declined and 444 stocks gained today on NSE