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Wednesday, July 14, 2010

Indian markets down on profit booking - 14/7

All the major stock markets of India closed in red today as investors booked profits as the SENSEX crossed the 18000 mark yesterday, IT index however remained in red as it was yesterday because of poor show by Infosys(read full).

All sectoral indices were down with M&M, Ranbaxy, Idea, Suzlon leading the list of top loosers of the day. NSE's Nifty ended at 5378, down 22.65 points or 0.42 per cent.

BSE's 30 share benchmark Sensex closed at 17938.16, down 47.74 points or 0.27 per cent. BSE Midcap Index was down 0.46 per cent and BSE Smallcap Index moved 0.26 per cent lower.

BSE Capital Goods Index was up 1.13 per cent and BSE Bankex advanced 0.28 per cent. BSE IT Index was down 1.35 per cent. thus making the market breadth negative with 1779 declines v/s 1370 advances.

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