Tuesday, March 1, 2011

1 March 2011 Closing Market Updates Highest Gains in a Day in almost 2 years

1 March 2011 Closing Market Updates  15:30


Market continued yesterday's bullishness after the announcement of Union Budget 2011-2012. Market gave green signal and celebrated the budget with considerable gains consecutive on the second day. Nifty gained 199.25 points or 3.66% and ended at 5532.5 It is the highest intraday gain in last two years.Sensex gained 651.56 points and ended at 18474.96.
All Sectoral Indices ended in positive. Auti Index was the top gainer by 5.74% followed by Capital Good (4.56%), Bankex (4.46%), Realty(4.39%) and Metal (4.26%).
All Nifty50 stocks gained today and ended in positive, M&M was the top gainer by 8.81%  and ended at 670.
Advance/Decline Ratio was positive as 1177 stocks gained and 215 stocks declined today on NSE.

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