27 July 2010 Closing Market Updates 15:31
Expected Credit policy declared by the Governor and market gained.Nifty closed at 5427 with 8.4 points gain and Sensex closed at 18070.98 with 50.93 points of gain.RBI hiked repo rate by 25 bps to 5.75% and reverse repo by 50 bps to 4.5% in today's Credit Policy. It has kept Cash Reserve Ratio unchanged.
Among the BSE Sectoral Indices, Auto Index gained the most by 2.62% and Consumer Durables Index was the top loser, declined by 2.06%.
In Nifty50 stocks, M&M gained the most by 3.21% and ended at 640.40 while big loser was L&T with 3.10% fall and ended at 1860.50
Overall market breadth was negative as 712 stocks declined and 599 stocks gained today on NSE.
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