Friday, October 15, 2010

14 Oct 2010 Closing Market Updates

14 Oct 2010 Closing Market Updates  15:30


Below than expected Infosys results triggered the sell off and drag the indices to end with a considerable fall.Today's fall almost eroded Wednesday's gains.
Nifty ended at 6055.5 with 121.85 points down and Sensex 20105 shedding 392.26 points down.
All 13 BSE Sectoral indices ended in negative. IT was the biggest loser by 3.21%.
In Nifty50 stocks, just 3 stocks gained and NTPC was the top gainer by just 0.67% and ended at 203.90. BPCL was the top loser by 4.24% to end at 723.15
Infosys was the turnover topper by its traded value.The second turnover topper was Orchid chemicals. But the traded value of Infosys was 100994.32 and 58848.49 was of Orchid. From this we can consider a huge sell off in IT segment. Wipro lost 4.04%, followed by TCS(3.66%) and Infosys(3.31%)
Nagarjuna Fertilizer was the most traded stock on NSE today.
Advance / Decline ratio was negative in the ratio of 3.39 : 1 as 1062 stocks declined and 313 stocks gained today on NSE.

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