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Major Indain stock indices closed in green today after falling to 5 month low yesterday, the news about arrest of A Raja helped in boosting sentiments of investors. Stock price of Hero Honda motors fell by a whopping 6.12 percent today, I predict that Hero Honda motors would soon be removed from SENSEX due to declining market capitalization after Honda's divorce.
Bombay Stock Exchange’s Sensex closed at 18090.62, up 68.40 points. The 30-share large cap index touched a high of 18306 during intraday trading.
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The broader index Nifty closed at 5432, up 14.80 points. The 50-share index touched a low of 5415.65 in intraday trading hours.
BSE Realty Index moved 2.40 percent higher, BSE Oil&gas Index also gained 1.85 per cent and BSE IT Index advanced 0.90 percent. BSE Power Index declined 1.34 percent and BSE Capital Goods Index slipped 0.96 percent.
Market breadth was positive on the NSE with 1451 gainers as compared to 1396 losers
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