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Thursday, June 2, 2011

Global uncertainity pulls Indian stocks down



A very good evening to all the visitors of livebombaystockexchange blog. Major Indian stock indices like Bombay Stocks Exchange's 30 component large-cap SENSEX and National Stock Exchange's NIFTY closed in red down by over 0.7 percent today. Stocks from Banks, metals, realty and auto sector remained heavily hit whereas Oil and gas and FMCG stocks remained in green today.

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National Stock Exchange's broader index Nifty closed at 5550.35, down 41.65 points. The index touched a high of 5568.20 during intraday trading today.

BSE's Midcap Index closed down by 0.68 percent and BSE Smallcap Index moved 0.78 percent lower today.

Sector-wise updates for today:
BSE Bankex moved 1.52 percent in red, BSE Metal Index was also down by 1.32 percent and BSE Realty Index declined by whopping 1.26 percent. BSE FMCG Index was however up by 1.01 percent and BSE Oil&gas Index moved in green by just 0.15 percent today.

The benchmark SENSEX closed below the 18500 mark and was at 18494.18, down 114.63 points after hitting a low of 18390.57 in daytrade today.

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