13 Jan 2011 Closing Market Updates 15:30
Market opened with the disappointed results by the IT major company,Infosys Technilogies.Market wiped out yesterday's gains and did not recovered even after low inflation figures.Nifty ended at 5756.85, shedding 106.40 points. Sensex collapsed 344.61 points and ended at 19189.49.
Among BSE Sectoral Indices, only Realty index gained.The rise was just 0.50%. IT Index was the most loser by 3.53%.
In Nifty50 stocks,Ambujacem was the top gainer with 3.38% which ended at 132.95 whereas Infosystch was the top loser with 5.16% ended at 3203.20.
Infosys was the turnover topper by its traded value whereas Suzlon was the most traded stock on NSE today.
Advance/Decline ratio was negative as 917 stocks declined and 455 stocks gained today on NSE.
Major World Indices :
Hang Seng : + 113.37
Nikkei : + 76.96
FTSE : - 18.97
CAC : + 18.36
DAX : + 02.06
Dow Futures : - 02.00
Nasdaq Futures : - 0.50
Inflation Updates :
Snapping the five week rising trend, food inflation softened to 16.91 per cent for the week ended January 1, 2011, although vegetables, onions and protein-based items continued to remained costly.
Food inflation fell by 1.41 percentage points from 18.32 per cent recorded in the previous reporting week.
Even as the index of food inflation showed a meagre decline, vegetable prices soared by 70.73 per cent on an annual basis in the wholesale market, official data showed.
Also onions continued to pinch the pocket of the common man as the prices went up by 70.70 per cent on a year on year basis.
Among the individual items in the food inflation index, egg, meat and fish became costly by 16.70 per cent, milk by 13.20 per cent and fruits by 17.71 per cent annually.
However, prices of pulses declined by 14.84 per cent, wheat by 4.87 per cent, potatoes by 1.67 per cent and cereals by 0.12 per cent on an annual basis.
Meanwhile, in the non-food category, the prices of fibres and minerals have climbed up by 36.71 per cent and 16.70 per cent, respectively.
Thursday, January 13, 2011
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