Sensex closes below 11K - 20/4/2009

(20/4/2009 BSE NSE stocks updates) - Bombay Stock Exchange’s Sensex ended at 10,979.50, down 43.59 points or 0.4 per cent. The 30-share index touched an intra-day low of 10863.28 and high of 11209.66.

National Stock Exchange’s Nifty closed at 3377.10, down 0.22 per cent or 7.3 points. The broader index hit a low of 3339.45 and high of 3441.10 during the day.

The BSE Midcap Index closed 1.62 up and BSE Smallcap Index ended 1.51 per cent higher.

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“Long term trend of the market has turned positive but the short-term trend is volatile. Traders are betting on the long term trend and accumulating midcaps and smallcaps which were beaten down badly and are still available at attractive prices,” Sharma said.

Biggest Sensex gainers were Reliance Infrastructure (5.83%), Jaiprakash Associates (5.02%), Tata Motors (4.15%), Sterlite Industries (2.81%) and Larsen & Toubro (2.01%).

ICICI Bank (-3.38%), NTPC (-3.37%), Grasim Industries (-2.42%), Tata Power (-2.39%) and Tata Consultancy Services (-2.21%) were the losers.

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