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Monday, January 30, 2012

SENSEX NIFTY nosedives on weak global cues

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Welcome to LiveBombayStockExchange, your one stop website for daily updates from Indian Stock markets.

Major Indian Stock indices including Bombay Stock Exchange's most watched SENSEX and National Stock Exchange's broader index NIFTY closed down by over 2 percent today. Rising Euro Zone fears and uncertainity in global stock markets threatened investors to come onto Dalal Street and Indian stock markets saw heavy selling activity throughout the day.

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The 30 component Sensex closed at 16863.30, down 370.68 points. The large-cap index touched a high of 17138.04 in daytrading today. The National Stock Exchange's Nifty closed today at 5087.30 down by over 2.26 percent. The broader index touched a low of 5076.70 during intraday trade today.

BSE Midcap Index closed down 1.96 percent today and BSE Smallcap Index moved 1.82 percent in red. If we check sector wise performance it doesnot look good either as all of the sectors remained in red through out the day. BSE Capital Goods Index closed down by 5.55 percent, BSE Power Index declining 3.54 percent, BSE Realty Index also down by 3.10 percent and BSE Metal Index moved 2.85 percent in red. Market breadth was negative on the BSE with 997 gainers against 1820 losers.

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