27 August 2010 Closing Market Updates 15:31
As stated earlier Nifty had very important support around 5470 level.As we have seen in last couple of days, |Nifty was sustaining below that level.Today also it had tried to overcome its resistance level of previous support of 5470 but it failed and market tanked all around.Nifty ended at 5397.25 shedding 80.65 points while Sensex ended at 17974 with 251.95 points down.
Among BSE Sectoral indices, only Oil and Gas Index closed in positive with 0.36% rise while Realty index was the top loser with 2.67% fall.
Oil and Petroleum stocks gained today.In Nifty 50 stocks, Gail gained 3.46% and ended at 462.Whereas DLF was the top loser by 3.63% ended at 306.55.
Reliance Industries was the turnover topper as per the valuation and FCS Soft was the turnover topper by traded quantity.
Advance declined ratio was fairly negative with 3.47 : 1 as 1055 stocks declined and 304 stocks gained today on NSE.
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