6 Jan 2011 Closing Market Updates

6 Jan 2011 Closing Market Updates  15:30

Market opened positive but could not sustained above 6110-6120 resistence and slided to end in negative.Food Inflation figures threatened the market. The food price index rose 18.32% in the year to December 25 and the fuel price index climbed 11.63%. This compared with 14.44% and 11.63% respectively in the previous week.Unseasonal rains have pushed up prices of vegetables such as onions and tomatoes in recent weeks, and the authorities are bracing to live with elevated price levels in the near term.
Nifty ended at 6042.40 with 37.4 points fall and Sensex ended at 20159.35 with a loss of 141.75 points down.
Among BSE Sectoral Indices, just IT & Teck indices ended in positive.IT gained the most with 0.71%. REalty index was the major loser with 2.60% fall followed by Capital Goods(2.60%), Auto(2.04%), CD(1.85%), Bankex(1.68%) and PSU(1.29%).
In Nifty50 stocks, Sunpharma was the top gainer with 2.45% and ended at 500 whereas Ambujacem was the top loser with 5.43% fall and ended at 133.20.
SBIN was the turnover topper by traded value and Suzlon was the most traded stock by traded quantity today on NSE.
Advance / Declined ratio was negative in a ratio of almost 3:1 as 1037 stocks declined and 348 stocks gained today on NSE.


World Major Indices :

Hang Seng :        +  28.48
Nikkei :              + 148.99
FTSE :                +  31.74
CAC :                 +  25.60
DAX :                 +  58.33
Dow Futures :      +  13.00 
Nasdaq Futures :  +   3.25