Stock Market Technical Report Friday 5th August 2011
Today the markets closed extremely weak and along with all sectoral indices in red, both benchmark indices closed negative. IT sectors were the worst performers in today's session, realty, consumer durables and metals were also the loosers. The European markets are also traded very weak. The FTSE index is down by 125 points, DAX is down by 122 points and CAC index is down by 26 points. The Sensex was down by 5% and the Nifty also lost 4.8% during the week. The Sensex closed at 17306 which is down by 387 points from its previous close. The CNX Midcap index was down 1.7% as the BSE Smallcap index also lost 2.9%. Today's Top Gainers were Bharat Petroleum with +1.99%, ONGC with +1.41%, Hindalco Industries with +.99%, Cipla with +.55%. Top Loosers were Reliance Infrastructure with -7.39%, Reliance Communication Ltd with -7.32%, Cairn India Ltd. with -6.77%, Sterlite Industries with -6.32%, HCL Technologies with -5.25%.
Today the markets closed extremely weak and along with all sectoral indices in red, both benchmark indices closed negative. IT sectors were the worst performers in today's session, realty, consumer durables and metals were also the loosers. The European markets are also traded very weak. The FTSE index is down by 125 points, DAX is down by 122 points and CAC index is down by 26 points. The Sensex was down by 5% and the Nifty also lost 4.8% during the week. The Sensex closed at 17306 which is down by 387 points from its previous close. The CNX Midcap index was down 1.7% as the BSE Smallcap index also lost 2.9%. Today's Top Gainers were Bharat Petroleum with +1.99%, ONGC with +1.41%, Hindalco Industries with +.99%, Cipla with +.55%. Top Loosers were Reliance Infrastructure with -7.39%, Reliance Communication Ltd with -7.32%, Cairn India Ltd. with -6.77%, Sterlite Industries with -6.32%, HCL Technologies with -5.25%.
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