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Monday, July 26, 2010

Indian Stock indices closes down due to profit booking



Major Indian Stock Markets opened in the red and turned rangebound even as Asian peers moved higher post European banks stress test.(see how global markets are placed today Click here)

Bombay Stock Exchange’s Sensex ended at 18020.05, down 110.93 points or 0.61 per cent. The index touched a low of 17993.88 and high of 18194.09. Major loosers included Maruti Suzuki (-12.31%), Hero Honda (-7.46%), Jaiprakash Associates (-5.75%), SBI (-3.44%) and DLF (-2.89%) were the major Sensex losers.

National Stock Exchange’s Nifty closed at 5414.30, down 30.50 points or 0.56 per cent. It hit a low of 5409.20 and high of 5466.25.

BSE Midcap Index was down 0.96 per cent and BSE Smallcap Index moved 0.81 per cent lower.

Market breadth was negative on the BSE with 1824 declines against 1090 advances.

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