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Major Indian Stock indices closed nearly flat with just minor gains today. The broader index National Stock Exchange's NIFTY closed flat with just 0.25 pt gain, the index closed at 5396.00.
News from economy wise is that GDP estimate for FY11 sees growth at 8.6%. Rebound in agriculture from 0.4% in FY10 to 5.4%, while industry and services remained relatively stable at 8.1% and 9.6% respectively.
Global stock markets uncertainity is clearly visible in indian stock markets as both SENSEX and NIFTY remainde volatile with negative sentiment prevailing. The 30 component benchmark index Bombay Stock Exchange's SENSEX closed up by just 29 points and was at 18037.19 points. Market breadth was negative on the BSE with 928 declines against 455 advances.
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Most of the sectoral indices of Bombay Stock Exchange also remained down throughout the day.
BSE's sector wise updates for today:
BSE Realty Index gained 1.67 percent and BSE FMCG Index closed up 1.42 percent. BSE Healthcare Index fell 1.50 percent. BSE Midcap Index was down 0.52 percent and BSE Smallcap Index fell 0.83 percent.
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