Wednesday, October 6, 2010

Market Closing 6th Oct 2010:

Market Closing 6th Oct 2010:
Equity benchmarks bounced back today after a moderate profit booking in previous two days. The Nifty has been facing a resistance at 6200 level; it did touch that level again in initial couple of hours of trade today but could not maintain the same. 
Metal, technology, capital goods, auto, private financial and select power companies' shares along with Reliance Industries and DLF supported the Sensex throughout session. However, the sell-off in ONGC, SBI along with FMCG, select pharma and telecom companies' shares erased more than 100 points gains on Sensex.
The Sensex closed at 20543, up 135 points and the Nifty was at 6186, up 40 points.

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