Markets Close on a Positive Note
DSIJ Intelligence / 17 Sep 2010
Post Market Summary
The Indian market closed the last day of the week on a strong note and at the high point of the day after a volatile session yesterday. All the sectoral indices closed the day on a positive note. The main gainers are the Consumer Durables, and Healthcare indices closing the day with a gain of more than two percentage points. The other gainers are the Oil & Gas and Metal indices closing the day with a gain of more than one and half percentage points. The Sensex closed the day in green gaining 177.26 points or 0.91 percentage points to close at 19,594.75. Nifty ends the day at 5884.95 gaining 56.25 points or 0.97 percentage points. Market breadth was positive with 1,796 advances against 1,172 declines on BSE. On the global front, European stock rallied after earnings at Research In Motion Ltd. and Oracle Corp. topped analysts’ estimates and Carrefour SA announced a $2 billion store revamp plan. U.S. index futures and Asian shares rose.
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