Thursday, July 15, 2010

15 July 2010 Closing market Updates

15 July 2010 Closing market Updates  15:31
Today market opened flat but corrected after weak opening in European markets.
Nifty ended at 5380.75 with 5.40 points in negative whereas Sensex closed at 17916.34 shedding 21.82 points.
Among BSE Sectoral Indices, Consumer durables Index rose the most by 0.98% while PSU index became the most loser with 0.98%
Today's Nifty50 gainer was Axisbank with a 2.48% rise and ended at 1347 as it has reported net profit at Rs 742 crore as against Rs 562 crore, a growth of 32.03% on YoY basis.Net interest income (NII) rose 44.7% to Rs 1,513 crore from Rs 1,045.6 crore.BPCL was the top loser in Nifty50 stocks with 5.85% and ended at 659.55 Yesterday, State-owned IOC, BPCL and HPCL have decided to have a uniform petrol price despite govt giving them freedom to price the fuel and said they will revise prices once a month based on input cost.
Overall market breadth was negative as 752 stocks declined and 575 stocks gained on NSE.

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