10 June 2011 Closing Market Updates 16:23
Market tanked today because of slowdown in IIP numbers published today as India's industrial output in April rose 6.3% from a year earlier, government data showed.Manufacturing output, which constitutes about 80% of the industrial production, rose an annual 6.9%. The data was the first of a new series with a different base year of 2004/05, new components and weightings. Under the old series, annual industrial output growth in April was 4.4%. Industrial output grew 7.8% in the 2010/11 fiscal year that ended in March, slower than 10.5% clocked in the previous fiscal year.
Nifty closed at 5485.8 with a fall of 35.25 points and Sensex dropped 116.36 and at closed 18268.54.
Among BSE Sectoral Indices, only Consumer Durable Index closed in positive to 0.43% whereas Capital Goods Index was the top losing sector by 1.18%.
Hindalco was the top gainer in Nifty50 stock and ended at 184.60. Grasim was the top looser by 2.24% which ended at 2223.10.
Nesco was the turnover topper by the traded value and HCC was the most traded stock on NSE by the traded quantity.
Advance/Decline Ratio was negative as 905 stocks declined and 485 stocks gained today on NSE.
Major World Indices :
Hang Seng : -189.46
Nikkei : +47.29
FTSE : -2.32
CAC : -10.87
DAX : +8.23
Dow Futures : -14.00
Nasdaq Futures : -2.25
Market tanked today because of slowdown in IIP numbers published today as India's industrial output in April rose 6.3% from a year earlier, government data showed.Manufacturing output, which constitutes about 80% of the industrial production, rose an annual 6.9%. The data was the first of a new series with a different base year of 2004/05, new components and weightings. Under the old series, annual industrial output growth in April was 4.4%. Industrial output grew 7.8% in the 2010/11 fiscal year that ended in March, slower than 10.5% clocked in the previous fiscal year.
Nifty closed at 5485.8 with a fall of 35.25 points and Sensex dropped 116.36 and at closed 18268.54.
Among BSE Sectoral Indices, only Consumer Durable Index closed in positive to 0.43% whereas Capital Goods Index was the top losing sector by 1.18%.
Hindalco was the top gainer in Nifty50 stock and ended at 184.60. Grasim was the top looser by 2.24% which ended at 2223.10.
Nesco was the turnover topper by the traded value and HCC was the most traded stock on NSE by the traded quantity.
Advance/Decline Ratio was negative as 905 stocks declined and 485 stocks gained today on NSE.
Major World Indices :
Hang Seng : -189.46
Nikkei : +47.29
FTSE : -2.32
CAC : -10.87
DAX : +8.23
Dow Futures : -14.00
Nasdaq Futures : -2.25
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