confidence.
There were couple of factors which boosted investor confidence and after which some purchasing was witnessed on the floor of the Bombay Stock Exchange and National Stock Exchange. Factor helping investor confidence included government of india's decision not to appeal against Vodafone in tax case, followed by announcement of stake sale in Coal India and further decrease in crude oil prices. However BSE's Midcap Index closed in red while BSE's Small cap index ended the day's proceedings up by meagre 0.03 percent.
Sector-wise BSE's Oil and Gas Index led the list of gainers as the index closed up by 1.47 percent today, It was followed closely by BSE's FMCG index and BSE's Capital goods index, both of them closing up by 1 percent today. BSE's Metal Index was on the wrong side though as it closed down by 0.07 percent today. Overall the day remained rather lacklustered. NSE's NIFTY 50 index closed higher by 36.50 pts at 8950.80 pts today. Bombay Stock Exchange's most followed blue chip index SENSEX 30 ended higher by 122.59 pts to close at 29681.77 pts today.
Top 5 gainers of SENSEX today were:
1)Dr. Reddy Laboratories
2)HDFC bank
3)Bharat Heavy Electricals
4)Reliance Industries Ltd
5)ITC ltd
While the top 5 losers were as follows:
1)Housing Development finance ltd
2)Coal India Ltd
3)State Bank of India
4)Mahindra and Mahindra
5)ICICI bank
HAPPY STOCK MARKET TRADING!
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