Wednesday, October 27, 2010

27 Oct 2010 Closing Market Updates Sensex dipped below 20k mark

27 Oct 2010 Closing Market Updates  15:30


As published in morning blog, market opened with gap down and remained in negative bias. Sensex dipped below 20k mark.
Spot Nifty ended at 6007 with a loss of 75 points after making an intrada low of 5987.55.
Sensex declined 240.79 points and ended below 19980.60.
Among BSE Sectoral Indices, Consumer Durables Index was the only gainer as Titan rose more than 2.5%
Realty was the top loser by 2.57% fall as major players of the sector(Indiabulls Realty and HDIL) lost the grounds.
In Nifty50 stocks, Rcom gained the most on the declaration about the official commencement of Numer Portability from 1st Nov.Stock rose by 4.55% and ended at 183.75 whereas NTPC was the top loser with 3.56% loss and ended at 197.95.
Today both new players stood topper by traded  value and traded quantity. BS Transcom was the turnover topper stock by the valuations on NSE today.The company manufactures the towers for Telecom as well as Power sector. IPO offer price was 248 and the stock ended at 381.25 on NSE with 53.73% rise.
On the other hand, Gyscoal Alloys Limited was the most traded stock on NSE. Stock ended at 81.65 against offer price of 71.
Advance/Decline ratio was negative as 896 stocks declined and 479 stocks gained today on NSE.

Global Market Updates :

Hang Seng : -436.66
Nikkei : +9.65
FTSE : -28.63
CAC : +5.83
DAX : +1.62

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