29 Sept 2010 Closing Market Updates 15:31
Initially market opened positive with a half percentage but because of the most awaited result of Ayodhya issue will be announced tomorrow, punters preferred to be cautious and book profits on higher levels.Market ended in negative territory. Nifty ended at 5984.60 with 44.90 points in negative whereas Sensex ended at 19933.38 falling 171.48 points today.
Among BSE's13 sectoral indices, only IT,Auto and Healthcare indices gained. IT index was the leading gainer with 0.33% whereas Metal index was the top loser with 1.88% fall.
Tatamotors was the top gainer in Nifty50 stocks and ended at 1105.40 with 2.30% gains whereas Ster declined the most by 8.85% as Madras court ordered to to immediately shut down Sterlite copper smelting plant in Tamil Nadu. In response to the Madras High Court’s order the company seeks to stay closure order for three weeks. For this it has approached the Court. The closure was ordered on the grounds that the factory violated a number of environmental norms.The stocks ended at 160.65.
Sterlite Industries was the turnover topper on NSE by its traded value whereas Indosolar was the top traded stock on NSE.
Market breadth was negative as 959 stocks declined and 383 stocks gained today on NSE.
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